REG - Tesco PLC - Director/PDMR Shareholding

TescoAnnouncement

04/07/2022 16:00

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RNS Number : 2547R  Tesco PLC  04 July 2022

PDMR SHAREHOLDING

4 July 2022

Tesco PLC (the "Company")

 

1.             Release of shares under the Tesco PLC Performance
Share Plan 2011

On 30 June 2022, Gerry Mallon, a member of the Company's Executive Committee,
received 16,728 Ordinary shares of 6 1/3 pence each in the Company upon their
release from a share award granted under the rules of the Tesco PLC
Performance Share Plan 2011 on 13 August 2018.

 

This represents the gross number of shares released including dividend
equivalent shares which have accrued between grant and vesting.  Of those
shares released, 8,239 shares have been withheld to cover Income Tax and
National Insurance Contributions due on release. The net shares have been
transferred to Gerry and are subject to a post-vesting holding period of six
months.

 

The share price on release was 255.5 pence per share.

 

2.            Dividend Reinvestment Plan ("DRIP")

The Company has been notified that the following PDMR acquired a further
interest in the Company's shares as a result of their participation in the
Company's DRIP directly or through a nominee service as set out below:

 

 Name of PDMR     Number of shares  Price per share  Date acquired
 Bertrand Bodson  1,310             £2.56061         27   June 2022

 

 

3.             Sale of Ordinary Shares of 6⅓ pence

The Company has been notified that the following member of the Company's
Executive Committee sold Ordinary shares of 6⅓ pence each in the Company as
set out below:

 

 Name of PDMR        Number of shares  Price per share  Date of sale
 Alessandra Bellini  321,426           £2.574           4 July 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                                                         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 awarded under the rules of the Tesco PLC Performance Share
                                                                  Plan 2011
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                 Volume(s)

                                                                  £2.555                                   16,728
 e)  Aggregated information

     - Aggregated volume                                          16,728

     - Aggregated Price

     - Aggregated Total                                           £2.555

                                                                  £42,740.04
 f)  Date of the transaction                                      2022-06-30
 g)  Place of the transaction                                     Outside a trading venue

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Bertrand Bodson
 2   Reason for the notification
 a)  Position/status                                              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  Ordinary shares of 6 1/3 pence each

     Identification code

                                                                  GB00BLGZ9862
 b)  Nature of the transaction                                    The acquisition of shares through the Company's Dividend Reinvestment Plan.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                Volume(s)

                                                                  £2.56061                                1,310
 e)  Aggregated information

     - Aggregated volume                                          1,310

     - Aggregated Price

     - Aggregated Total                                           £2.56061

                                                                  £3,354.40
 f)  Date of the transaction                                      2022-06-27
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)
 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                                    Sale of Ordinary shares
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                Volume(s)

                                                                  £2.574                                  321,426
 e)  Aggregated information

     - Aggregated volume                                          321,426

     - Aggregated Price

     - Aggregated Total                                           £2.574

                                                                  £827,350.52
 f)  Date of the transaction                                      2022-07-04
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

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