REG - Tesco PLC - Director/PDMR Shareholding
16/05/2022 11:45
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RNS Number : 6233L Tesco PLC 16 May 2022
PDMR SHAREHOLDING
16 May 2022
Tesco PLC (the "Company")
Grant of Awards under the Tesco PLC Deferred Bonus Plan 2019
On 12 May 2022, the members of the Company's Executive Committee listed below
were granted awards over Ordinary shares of 6 1/3 pence each in the Company
under the Tesco PLC Deferred Bonus Plan 2019.
Name of PDMR No. of shares subject to award
Ken Murphy(1) 584,357
Imran Nawaz(1) 226,251
Natasha Adams(2) 169,956
Alessandra Bellini(2) 201,727
Guus Dekkers(2) 178,822
Christine Heffernan(2) 114,274
Gerry Mallon(3) 114,099
Adrian Morris(2) 178,902
Ashwin Prasad(2) 160,454
Matt Simister(2) 178,806
Jason Tarry(2) 239,564
Emma Taylor(2) 71,975
Andrew Yaxley(2) 200,811
1. The shares will vest on 12 May 2025. Both are Executive Directors.
2. 50% of the shares will vest on 12 May 2023 and 50% will vest on 12 May
2024.
3. 49% of the shares will vest on 12 May 2023 and 51% will vest on 12 May
2024.
The above awards have been made in the form of conditional shares which will
vest and be released on the dates shown above, subject to continuous
employment.
Except for the award to Gerry Mallon, the numbers of shares have been
calculated using a market price of 274.34 pence per share. For any dividends
paid in the period between the grant and release of conditional shares, the
number of shares in each case will be increased to reflect the dividends that
would have accrued had they been reinvested in shares.
For CRDV banking regulatory purposes, the number of shares awarded to Gerry
Mallon will not be increased to reflect any dividends paid to shareholders in
the period between the grant and release of conditional shares. However, a
discount has been applied to the market price of 274.34 pence per share when
calculating the number of shares under Gerry's award to reflect the absence of
dividend equivalents during the vesting period.
The awards have been granted in respect of the annual deferred bonus for the
2021/22 Financial Year.
The shares awarded contribute towards the shareholding guidelines for
Executive Directors and Executive Committee members. The shareholding
guidelines for Executive Directors are set out in the Directors' Remuneration
Report of the Tesco PLC Annual Report and Financial Statements 2022.
Release of shares under the Tesco PLC Group Bonus Plan (the "GBP") and the
Tesco PLC Performance Share Plan 2011 (the "PSP")
On 13 May 2022, the members of the Company's Executive Committee listed below
received the following Ordinary shares of 6 1/3 pence each in the Company upon
their release from share awards granted on 13 May 2019 under the GBP and PSP:
Name of PDMR No. of shares released (GBP) No. of shares released (PSP) No. of shares withheld No. of net shares
Natasha Adams 80,351 0 38,770 41,581
Alessandra Bellini 110,620 0 53,375 57,245
Guus Dekkers 68,223 0 32,918 35,305
Gerry Mallon 55,589 51,818 52,898 54,509
Adrian Morris 113,931 0 54,972 58,959
Ashwin Prasad 56,049 0 27,044 29,005
Matt Simister 115,444 0 55,702 59,742
Jason Tarry 146,296 0 70,588 75,708
Emma Taylor 24,715 0 11,925 12,790
Andrew Yaxley 107,680 0 51,956 55,724
The numbers of shares released represent the gross number of shares including
dividend equivalent shares which have accrued between grant and release. As
shown above, shares have been withheld to cover Income Tax and National
Insurance Contributions due on release and the net shares have been
transferred to the PDMRs.
The share price on release was 281.20 pence per share.
Sale of Ordinary shares
The Company has been notified that on 13 May 2022, the following members of
the Company's Executive Committee sold Ordinary shares of 6 1/3 pence each in
the Company as set out below:
Name No. of shares sold Sale price per share (pence) Date of sale
Natasha Adams 41,581 277.278 13 May 2022
Guus Dekkers 35,305 277.278 13 May 2022
Adrian Morris 266,614 277.278 13 May 2022
Andrew Yaxley 55,724 277.278 13 May 2022
The Notification of Dealing Forms can be found below. This announcement is
made in accordance with the UK Market Abuse Regulation (Regulation (EU)
596/2014, as it forms part of domestic law by virtue of the European Union
(Withdrawal) Act 2018).
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 Ken Murphy
2 Reason for the notification
a) Position/status Group Chief Executive 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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 584,357
e) Aggregated information
- Aggregated volume 584,357
- Aggregated Price £2.7434
- Aggregated Total £1,603,124.99
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Imran Nawaz
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 226,251
e) Aggregated information
- Aggregated volume 226,251
- Aggregated Price £2.7434
- Aggregated Total £620,696.99
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Natasha Adams
2 Reason for the notification
a) Position/status CEO, ROI
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 169,956
e) Aggregated information
- Aggregated volume 169,956
- Aggregated Price £2.7434
- Aggregated Total £466,257.29
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Alessandra Bellini
2 Reason for the notification
a) Position/status Chief Customer 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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 201,727
e) Aggregated information
- Aggregated volume 201,727
- Aggregated Price £2.7434
- Aggregated Total £553,417.85
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Guus Dekkers
2 Reason for the notification
a) Position/status Chief Technology 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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 178,822
e) Aggregated information
- Aggregated volume 178,822
- Aggregated Price £2.7434
- Aggregated Total £490,580.27
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Christine Heffernan
2 Reason for the notification
a) Position/status Group Communications 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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 114,274
e) Aggregated information
- Aggregated volume 114,274
- Aggregated Price £2.7434
- Aggregated Total £313,499.29
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Gerry Mallon
2 Reason for the notification
a) Position/status Chief Executive, Tesco Bank
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 114,099
e) Aggregated information
- Aggregated volume 114,099
- Aggregated Price £2.7434
- Aggregated Total £313,019.20
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 178,902
e) Aggregated information
- Aggregated volume 178,902
- Aggregated Price £2.7434
- Aggregated Total £490,799.75
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Ashwin Prasad
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 160,454
e) Aggregated information
- Aggregated volume 160,454
- Aggregated Price £2.7434
- Aggregated Total £440,189.50
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Matt Simister
2 Reason for the notification
a) Position/status CEO Central Europe
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 178,806
e) Aggregated information
- Aggregated volume 178,806
- Aggregated Price £2.7434
- Aggregated Total £490,536.38
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Jason Tarry
2 Reason for the notification
a) Position/status CEO UK and ROI
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 239,564
e) Aggregated information
- Aggregated volume 239,564
- Aggregated Price £2.7434
- Aggregated Total £657,219.88
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Emma Taylor
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 71,975
e) Aggregated information
- Aggregated volume 71,975
- Aggregated Price £2.7434
- Aggregated Total £197,456.22
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Andrew Yaxley
2 Reason for the notification
a) Position/status CEO Booker
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Deferred Bonus
Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.7434 200,811
e) Aggregated information
- Aggregated volume 200,811
- Aggregated Price £2.7434
- Aggregated Total £550,904.90
f) Date of the transaction 2022-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Natasha Adams
2 Reason for the notification
a) Position/status CEO, ROI
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group
Bonus Plan on 13 May 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.812 80,351
e) Aggregated information
- Aggregated volume 80,351
- Aggregated Price £2.812
- Aggregated Total £225,947.01
f) Date of the transaction 2022-05-13
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Alessandra Bellini
2 Reason for the notification
a) Position/status Chief Customer 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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group
Bonus Plan on 13 May 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.812 110,620
e) Aggregated information
- Aggregated volume 110,620
- Aggregated Price £2.812
- Aggregated Total £311,063.44
f) Date of the transaction 2022-05-13
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Guus Dekkers
2 Reason for the notification
a) Position/status Chief Technology 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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group
Bonus Plan on 13 May 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.812 68,223
e) Aggregated information
- Aggregated volume 68,223
- Aggregated Price £2.812
- Aggregated Total £191,843.08
f) Date of the transaction 2022-05-13
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Gerry Mallon
2 Reason for the notification
a) Position/status Chief Executive, Tesco Bank
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group
Bonus Plan on 13 May 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.812 55,589
e) Aggregated information
- Aggregated volume 55,589
- Aggregated Price £2.812
- Aggregated Total £156,316.27
f) Date of the transaction 2022-05-13
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Gerry Mallon
2 Reason for the notification
a) Position/status Chief Executive, Tesco Bank
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC
Performance Share Plan 2011 on 13 May 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.812 51,818
e) Aggregated information
- Aggregated volume 51,818
- Aggregated Price £2.812
- Aggregated Total £145,712.22
f) Date of the transaction 2022-05-13
g) Place of the transaction Outside a trading venue
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group
Bonus Plan on 13 May 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.812 113,931
e) Aggregated information
- Aggregated volume 113,931
- Aggregated Price £2.812
- Aggregated Total £320,373.97
f) Date of the transaction 2022-05-13
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Ashwin Prasad
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group
Bonus Plan on 13 May 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.812 56,049
e) Aggregated information
- Aggregated volume 56,049
- Aggregated Price £2.812
- Aggregated Total £157,609.79
f) Date of the transaction 2022-05-13
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Matt Simister
2 Reason for the notification
a) Position/status CEO Central Europe
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group
Bonus Plan on 13 May 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.812 115,444
e) Aggregated information
- Aggregated volume 115,444
- Aggregated Price £2.812
- Aggregated Total £324,628.53
f) Date of the transaction 2022-05-13
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Jason Tarry
2 Reason for the notification
a) Position/status CEO UK and ROI
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group
Bonus Plan on 13 May 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.812 146,296
e) Aggregated information
- Aggregated volume 146,296
- Aggregated Price £2.812
- Aggregated Total £411,384.35
f) Date of the transaction 2022-05-13
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Emma Taylor
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group
Bonus Plan on 13 May 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.812 24,715
e) Aggregated information
- Aggregated volume 24,715
- Aggregated Price £2.812
- Aggregated Total £69,498.58
f) Date of the transaction 2022-05-13
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Andrew Yaxley
2 Reason for the notification
a) Position/status CEO Booker
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group
Bonus Plan on 13 May 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.812 107,680
e) Aggregated information
- Aggregated volume 107,680
- Aggregated Price £2.812
- Aggregated Total £302,796.16
f) Date of the transaction 2022-05-13
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Natasha Adams
2 Reason for the notification
a) Position/status CEO, ROI
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Sale of Ordinary shares
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.77278 41,581
e) Aggregated information
- Aggregated volume 41,581
- Aggregated Price £2.77278
- Aggregated Total £115,294.97
f) Date of the transaction 2022-05-13
g) Place of the transaction London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Guus Dekkers
2 Reason for the notification
a) Position/status Chief Technology 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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Sale of Ordinary shares
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.77278 35,305
e) Aggregated information
- Aggregated volume 35,305
- Aggregated Price £2.77278
- Aggregated Total £97,893.00
f) Date of the transaction 2022-05-13
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Sale of Ordinary shares
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.77278 266,614
e) Aggregated information
- Aggregated volume 266,614
- Aggregated Price £2.77278
- Aggregated Total £739,261.97
f) Date of the transaction 2022-05-13
g) Place of the transaction London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Andrew Yaxley
2 Reason for the notification
a) Position/status CEO, Booker
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 Ordinary shares of 6 1/3 pence each
Identification code
GB00BLGZ9862
b) Nature of the transaction Sale of Ordinary shares
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
£2.77278 55,724
e) Aggregated information
- Aggregated volume 55,724
- Aggregated Price £2.77278
- Aggregated Total £154,510.39
f) Date of the transaction 2022-05-13
g) Place of the transaction London Stock Exchange, Main Market (XLON)
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