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REG - Tesco PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">TSCO.L</Origin>

RNS Number : 6088X
Tesco PLC
27 November 2017

Director/PDMR Shareholding

27 November 2017

Tesco PLC (the "Company") announces that it has been notified of the following transactions in the Company's Ordinary shares of 5 pence each undertaken by Directors / Persons Discharging Managerial Responsibility ("PDMR").

1. Dividend Reinvestment Plan ("DRIP")

On 24 November 2017, the following PDMRs acquired a further interest in the Company's shares as a result of their participation in the Company's Dividend Reinvestment Plan ("DRIP") directly or through a nominee service.

Name of PDMR

Number of shares

Price per share

Date acquired

Mikael Olsson

101

1.9428

24 November 2017

Dave Lewis

509

1.9428

24 November 2017

Bernard Higgins

117

1.9428

24 November 2017

Adrian Morris

223

1.9428

24 November 2017

Matthew Simister

293

1.9428

24 November 2017

Jason Tarry

236

1.9428

24 November 2017

2. Tesco PLC Share Incentive Plan (the "Plan")

On 24 November 2017, the Trustees of the Plan purchased Ordinary shares of 5 pence each in the Company under the Plan's Dividend Re-Investment scheme on behalf of the PDMRs as set out below:

Name of PDMR

Number of shares

Price per share

Date acquired

Dave Lewis

13

1.9428

24 November 2017

Alan Stewart

12

1.9428

24 November 2017

Bernard Higgins

30

1.9428

24 November 2017

Antony Hoggett

74

1.9428

24 November 2017

Alison Horner

37

1.9428

24 November 2017

Adrian Morris

26

1.9428

24 November 2017

Matthew Simister

36

1.9428

24 November 2017

Jason Tarry

116

1.9428

24 November 2017

The Notification of Dealing Form for each PDMR can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

For enquiries, please contact:

Robert Welch, Company Secretary

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

Tel: 07793 222569

LEI Number: 2138002P5RNKC5W2JZ46



1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mikael Olsson

2

Reason for the notification

a)

Position/status

Director (Non-executive Director)

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB0008847096

b)

Nature of the transaction

Acquisition of shares through the Company's Dividend Reinvestment Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

Volume(s)

1.9428

101

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

101

1.9428

196.22

f)

Date of the transaction

2017-11-24

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)



1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dave Lewis

2

Reason for the notification

a)

Position/status

Group Chief Executive

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB0008847096

b)

Nature of the transaction

Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

Volume(s)

1.9428

509 (Dividend Reinvestment Plan)

1.9428

13 (Share Incentive Plan)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

Dividend Reinvestment Plan

509

1.9428

988.89

Share Incentive Plan

13

1.9428

25.26

f)

Date of the transaction

2017-11-24

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)


1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alan Stewart

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB0008847096

b)

Nature of the transaction

Acquisition of shares through the dividend re-investment scheme of the Tesco PLC Share Incentive Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

Volume(s)

1.9428

12 (Share Incentive Plan)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

Share Incentive Plan

12

1.9428

23.31

f)

Date of the transaction

2017-11-24

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bernard Higgins

2

Reason for the notification

a)

Position/status

CEO, Tesco Bank and Group Strategy Director

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB0008847096

b)

Nature of the transaction

Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

Volume(s)

1.9428

117 (Dividend Reinvestment Plan)

1.9428

30 (Share Incentive Plan)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

Dividend Reinvestment Plan

117

1.9428

227.31

Share Incentive Plan

30

1.9428

58.28

f)

Date of the transaction

2017-11-24

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)


1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Adrian Morris

2

Reason for the notification

a)

Position/status

Group General Counsel

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB0008847096

b)

Nature of the transaction

Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

Volume(s)

1.9428

223 (Dividend Reinvestment Plan)

1.9428

26 (Share Incentive Plan)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

Dividend Reinvestment Plan

223

1.9428

433.24

Share Incentive Plan

26

1.9428

50.51

f)

Date of the transaction

2017-11-24

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Simister

2

Reason for the notification

a)

Position/status

Central Europe CEO

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB0008847096

b)

Nature of the transaction

Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

Volume(s)

1.9428

293 (Dividend Reinvestment Plan)

1.9428

36 (Share Incentive Plan)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

Dividend Reinvestment Plan

293

1.9428

569.24

Share Incentive Plan

36

1.9428

69.94

f)

Date of the transaction

2017-11-24

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)


1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jason Tarry

2

Reason for the notification

a)

Position/status

Chief Product Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB0008847096

b)

Nature of the transaction

Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

Volume(s)

1.9428

236 (Dividend Reinvestment Plan)

1.9428

116 (Share Incentive Plan)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

Dividend Reinvestment Plan

236

1.9428

458.50

Share Incentive Plan

116

1.9428

225.36

f)

Date of the transaction

2017-11-24

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Antony Hoggett

2

Reason for the notification

a)

Position/status

CEO Asia

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB0008847096

b)

Nature of the transaction

Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

Volume(s)

1.9428

74 (Share Incentive Plan)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

Share Incentive Plan

74

1.9428

143.77

f)

Date of the transaction

2017-11-24

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alison Horner

2

Reason for the notification

a)

Position/status

Chief People Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Tesco PLC

b)

Legal Entity Identifier

2138002P5RNKC5W2JZ46

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

GB0008847096

b)

Nature of the transaction

Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

Volume(s)

1.9428

37 (Share Incentive Plan)

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

Share Incentive Plan

37

1.9428

71.88

f)

Date of the transaction

2017-11-24

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)


This information is provided by RNS
The company news service from the London Stock Exchange
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