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REG - Tesco PLC - Director/PDMR Shareholding

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RNS Number : 0384V  Tesco PLC  03 July 2024

PDMR SHAREHOLDING

03 July 2024

 

Tesco PLC (the "Company")

 

 

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

The Company has been notified that on 28 June 2024, the Trustees of the SIP
Plan purchased Ordinary shares of 6⅓ pence each in the Company under the
SIP's Dividend Re-Investment scheme on behalf of the following PDMRs:

 Name of PDMR   Number of shares acquired  Price per share  Date acquired
 Ken Murphy     53                         £3.0865          28 June 2024
 Guus Dekkers   119                        £3.0865          28 June 2024
 Emma Taylor    217                        £3.0865          28 June 2024
 Ashwin Prasad  151                        £3.0865          28 June 2024
 Matt Simister  75                         £3.0865          28 June 2024
 Andrew Yaxley  461                        £3.0865          28 June 2024

 

2. Dividend Reinvestment Plan ("DRIP")

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 as set out below:

 

 Name of PDMR         Number of shares  Price per share  Date acquired
 Ken Murphy           1,330             £3.0865          28 June 2024

                      684               £3.0895          01 July 2024
 Imran Nawaz          8,325             £3.0865          28 June 2024

                      684               £3.0895          01 July 2024
 Alison Platt         1,010             £3.0895          01 July 2024
 Stewart Gilliland    837               £3.0865          28 June 2024
                      557(+  )          £3.0865          28 June 2024
 Bertrand Bodson      1,609             £3.0833          01 July 2024
 Matt Simister*       1*                £3.0895          01 July 2024
 Guus Dekkers         22                £3.0865          28 June 2024
                      11,365            £3.0895          01 July 2024
 Natasha Adams        3,735             £3.0865          28 June 2024
                      12,340            £3.0895          01 July 2024
 Christine Heffernan  1,767             £3.0865          28 June 2024
 Emma Taylor          8,100             £3.0865          28 June 2024
                      4,808             £3.0895          01 July 2024
 Gerry Mallon         5,312             £3.0865          28 June 2024

 

+ Shares held in the joint names of Stewart Gilliland and his wife, Michelle
Gilliland

* Share held by Matt Simister's wife; a person closely associated

 

 

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

On 1 July 2024, Gerry Mallon, a member of the Company's Executive Committee,
received 18,199 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, 9,100 shares have been withheld to cover Income Tax and
National Insurance Contributions due on release. The net shares have been
transferred to Gerry Mallon and are subject to post-vesting holding period of
six months.

 

The share price on release was 307.30 pence per share.

 

 

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 222 569

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                                    The acquisition of shares through the Dividend Reinvestment Plan held directly
                                                                  or through a nominee (DRIP) and through the Plan (SIP DRIP).
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                     Volume(s)

                                                                  £3.0865                      53 (SIP DRIP)

                                                                                               1,330 (DRIP)

                                                                  £3.0865                      684 (DRIP)

                                                                  £3.0895
 e)  Aggregated information                                       SIP DRIP                     DRIP                         DRIP

     - Aggregated volume                                          53                           1,330                        684

     - Aggregated Price                                           £3.0865                      £3.0865                      £3.0895

     - Aggregated Total                                           £163.58                      £4,105.04                    £2,113.22
 f)  Date of the transaction                                      2024-06-28                   2024-06-28                   2024-07-01
 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                                    The acquisition of shares through the Dividend Reinvestment Plan held directly
                                                                  or through a nominee.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                  Volume(s)

                                                                  £3.0865                                   8,325

                                                                                                            684

                                                                  £3.0895
 e)  Aggregated information

     - Aggregated volume                                          8,325                                     684

     - Aggregated Price                                           £3.0865                                   £3.0895

     - Aggregated Total                                           £25,695.11                                £2,113.22
 f)  Date of the transaction                                      2024-06-28                                2024-07-01
 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 Platt
 2   Reason for the notification
 a)  Position/status                                              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 Dividend Reinvestment Plan held directly
                                                                  or through a nominee.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                  Volume(s)

                                                                  £3.0895                                   1,010
 e)  Aggregated information

     - Aggregated volume                                          1,010

     - Aggregated Price                                           £3.0895

     - Aggregated Total                                           £3,120.40
 f)  Date of the transaction                                      2024-07-01
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Stewart Gilliland

                                                                  Michelle Gilliland (person closely associated with Stewart Gilliland)
 2   Reason for the notification
 a)  Position/status                                              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 Dividend Reinvestment Plan held directly
                                                                  or through a nominee.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                  Volume(s)

                                                                  £3.0865                                   837

                                                                                                            557

                                                                  £3.0865
 e)  Aggregated information                                       Stewart Gilliland                         Stewart and Michelle Gilliland

     - Aggregated volume                                          837                                       557

     - Aggregated Price                                           £3.0865                                   £3.0865

     - Aggregated Total                                           £2,583.40                                 £1,719.18
 f)  Date of the transaction                                      2024-06-28
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Bertrand Bodson
 2   Reason for the notification
 a)  Position/status                                              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 Dividend Reinvestment Plan held directly
                                                                  or through a nominee.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                  Volume(s)

                                                                  £3.0833                                   1,609
 e)  Aggregated information

     - Aggregated volume                                          1,609

     - Aggregated Price                                           £3.0833

     - Aggregated Total                                           £4,961.03
 f)  Date of the transaction                                      2024-07-01
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Matt Simister

                                                                  Karen Simister (a person closely associated with 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                                    The acquisition of shares through the Dividend Reinvestment Plan held directly
                                                                  or through a nominee (DRIP) and through the Share Incentive Plan (SIP DRIP).
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                  Volume(s)

                                                                  £3.0865                                   75 (SIP DRIP)

                                                                                                            1 (DRIP)

                                                                  £3.0895
 e)                                                               Matt Simister                             Karen Simister

     Aggregated information                                       SIP DRIP                                  DRIP

     - Aggregated volume                                          75                                        1

     - Aggregated Price                                           £3.0865                                   £3.0895

     - Aggregated Total                                           £231.49                                   £3.09
 f)  Date of the transaction                                      2024-06-28                                2024-07-01
 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                                    The acquisition of shares through the Dividend Reinvestment Plan held directly
                                                                  or through a nominee (DRIP) and through the Share Incentive Plan (SIP DRIP).
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                     Volume(s)

                                                                  £3.0865                      119 (SIP DRIP)

                                                                                               22 (DRIP)

                                                                  £3.0865                      11,365 (DRIP)

                                                                  £3.0895

 e)  Aggregated information                                       SIP DRIP                     DRIP                         DRIP

     - Aggregated volume                                          119                          22                           11,365

     - Aggregated Price                                           £3.0865                      £3.0865                      £3,0895

     - Aggregated Total                                           £367.29                      £67.90                       £35,112.17
 f)  Date of the transaction                                      2024-06-28                   2024-06-28                   2024-07-01
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Ashwin Prasad
 2   Reason for the notification
 a)  Position/status                                              Chief Commercial 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                                    The acquisition of shares through the Share Incentive Plan.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                        Volume(s)

     £3.0865                                                                                      151
 e)  Aggregated information

     - Aggregated volume                                          151

     - Aggregated Price                                           £3.0865

     - Aggregated Total                                           £466.06
 f)  Date of the transaction                                      2024-06-28
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Natasha Adams
 2   Reason for the notification
 a)  Position/status                                              CEO, Ireland and Northern Ireland
 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 Dividend Reinvestment Plan held directly
                                                                  or through a nominee.

 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                  Volume(s)

     £3.0865                                                                                                3,735
     £3.0895                                                                                                12,340
 e)  Aggregated information

     - Aggregated volume                                          3,735                                     12,340

     - Aggregated Price                                           £3.0865                                   £3.0895

     - Aggregated Total                                           £11,528.08                                £38,124.43
 f)  Date of the transaction                                      2024-06-28                                2024-07-01
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

 

 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                                    The acquisition of shares through the Dividend Reinvestment Plan held directly
                                                                  or through a nominee.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                  Volume(s)

     £3.0865                                                                                                1,767
 e)  Aggregated information

     - Aggregated volume                                          1,767

     - Aggregated Price                                           £3.0865

     - Aggregated Total                                           £5,453.85
 f)  Date of the transaction                                      2024-06-28
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

 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                                    The acquisition of shares through the Dividend Reinvestment Plan held directly
                                                                  or through a nominee (DRIP) and through the Share Incentive Plan (SIP DRIP).
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                     Volume(s)

                                                                  £3.0865                      217 (SIP DRIP)

                                                                                               8,100 (DRIP)

                                                                  £3.0865                      4,808 (DRIP)

                                                                  £3.0895
 e)  Aggregated information                                       SIP DRIP                     DRIP                         DRIP

     - Aggregated volume                                          217                          8,100                        4,808

     - Aggregated Price                                           £3.0865                      £3.0865                      £3.0895

     - Aggregated Total                                           £669.77                      £25,000.65                   £14,854.32
 f)  Date of the transaction                                      2024-06-28                   2024-06-28                   2024-07-01
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 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                                    The acquisition of shares through the Dividend Reinvestment Plan held directly
                                                                  or through a nominee (DRIP) and the release of shares awarded under the rules
                                                                  of the Tesco PLC Performance Share Plan 2021 (PSP).
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                                   Volume(s)

                                                                  £3.0865                                    5,312 (DRIP)

                                                                                                             18,199 (PSP)

                                                                  £3.073
 e)  Aggregated information                                       DRIP                                       PSP

     - Aggregated volume                                          5,312                                      18,199

     - Aggregated Price                                           £3.0865                                    £3.073

     - Aggregated Total                                           £16,395.49                                 £55,925.53
 f)  Date of the transaction                                      2024-06-28                                 2024-07-01
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)  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                                    The acquisition of shares through the Share Incentive Plan.
 c)  Currency                                                     GBP
 d)  Price(s) and volume(s)                                       Price(s)                        Volume(s)

                                                                  £3.0865                         461

 e)  Aggregated information

     - Aggregated volume                                          461

     - Aggregated Price                                           £3.0865

     - Aggregated Total                                           £1,422.88
 f)  Date of the transaction                                      2024-06-28
 g)  Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

 

 

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