REG - Tesco PLC - Director/PDMR Shareholding

TescoAnnouncement

23/06/2022 14:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220623:nRSW9890Pa&default-theme=true

RNS Number : 9890P  Tesco PLC  23 June 2022

DIRECTOR/PDMR SHAREHOLDING

23 June 2022

Tesco PLC

 

Sale of Shares

Tesco PLC (the "Company") has been notified that on 23 June 2022, the
following member of the Company's Executive Committee sold Ordinary shares of
6⅓ pence each in the Company as set out below:

 

 Name           Number of shares sold  Sale price per Ordinary share  Date of sale
 Natasha Adams  144,372                £2.47501                       23 June 2022
 Greig Adams*   144,372                £2.47456                       23 June 2022

*Person closely associated

 

Release of shares granted under Listing Rule 9.4.2

On 21 June 2022, Imran Nawaz, an Executive Director, received 306,266 Ordinary
shares of  6⅓ pence each in the Company upon their release from Tranche 4
of his buyout award granted under a Listing Rule 9.4.2 arrangement on 4 May
2021 (see announcement made on 6 May 2021).

 

This represents the gross number of shares released.  Of those shares
released, 147,774 shares have been withheld to cover Income Tax and National
Insurance Contributions due on release. The net shares have been transferred
to Imran and are subject to a post-vesting holding period until 31 March 2024.

 

The number of shares released has been determined by the vesting level of the
Tate and Lyle PLC 2019 Performance Share Plan award.

 

The share price on release was 249.8 pence per share.

 

The Notification of Dealing Forms can be found below.  This announcement is
made in accordance with Article 19 of the Market Abuse 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                                                         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)

                                                                  £2.47501                    144,372

                                                                                              144,372

                                                                  £2.47456
 e)  Aggregated information

     - Aggregated volume                                          144,372                     144,372

     - Aggregated Price

     - Aggregated Total                                           £2.47501                    £2.47456

                                                                  £357,322.14                 £357,257.18
 f)  Date of the transaction                                      2022-06-23
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 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                                    Release of shares awarded under a Listing Rule 9.4.2 arrangement
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                           Volume(s)

                                                                  £2.498                             306,266
 e)  Aggregated information

     - Aggregated volume                                          306,266

     - Aggregated Price

     - Aggregated Total                                           £2.498

                                                                  £765,052.47
 f)  Date of the transaction                                      2022-06-21
 g)  Place of the transaction                                     Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFXLFLLQLBBBB