REG - Tesco PLC - Director/PDMR Shareholding

TescoAnnouncement

16/03/2018 10:00

RNS Number : 9636H
Tesco PLC
16 March 2018
16 March 2018
Tesco PLC
DIRECTOR SHAREHOLDING
Tesco PLC (the "Company") has been notified that the following Director of the Company acquired Ordinary shares of5 penceeach in the Company as set out below:
Name of Director
Number of shares purchased
Purchase price per share
Date acquired
Charles Wilson
5,124,735
215.5264p
15 March 2018
The above dealing was made in accordance with an irrevocable dealing instruction given by Charles Wilson to his broker, prior to the merger between the Company and Booker Group plc becoming effective on 5 March 2018, to purchase Tesco PLC shares in the market in an aggregate amount equal to the cash proceeds paid to him under the Mix and Match Facility as a Booker Scheme Shareholder, after deducting an amount to cover applicable taxes. As previously disclosed, Charles Wilson intends to hold the above Tesco PLC shares for five years from 5 March 2018 on, and subject to, the terms set out in a Lock-up Agreement, subject to certain customary carve-outs.
The Notification of Dealing Form in respect of the above Director 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: 01707 912985
LEI Number: 2138002P5RNKC5W2JZ46

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Charles Wilson
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
Identification code
Ordinary shares of 5 pence each
GB0008847096
b)
Nature of the transaction
Purchase of Ordinary Tesco shares in accordance with an irrevocable dealing instruction given by Charles Wilson pursuant to the merger of Tesco PLC and Booker Group plc
c)
Currency
GBP

d)
Price(s) and volume(s)
Price(s)
215.5264p
Volume(s)
5,124,735
e)
Aggregated information
- Aggregated Volume
- Aggregated Price
- Aggregated Total
5,124,735
215.5264p
11,045,156.86
f)
Date of the transaction
2018-03-15
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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