REG - Tesco PLC - Director/PDMR Shareholding

TescoAnnouncement

19/06/2018 11:15

RNS Number : 8604R
Tesco PLC
19 June 2018
 


TESCO PLC GROUP BONUS PLAN
PDMR SHAREHOLDING
19 June 2018
Tesco PLC (the "Company")
 
Release of deferred share awards
On 18 June 2018, the members of the Company's Executive Committee listed below received the following Ordinary shares of 5 pence each in the Company upon their release from awards granted under the rules of the Tesco PLC Group Bonus Plan on 27 May 2015:
 



Name of PDMR


Number of shares




Natasha Adams


12,217




Tony Hoggett


41,121




Matt Simister


17,623



 
These represent the gross number of shares released including dividend equivalent shares which have accrued between grant and vesting.  A proportion of the shares released 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 256.3 pence per share.
 
The Notification of Dealing Forms 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: 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


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
 
Identification code
 


Ordinary shares of 5 pence each
 
 
GB0008847096




b)


Nature of the transaction


Release of shares from an award granted under the rules of the Tesco PLC Group Bonus Plan on 27 May 2015.




c)


Currency


GBP








d)


Price(s) and volume(s)


Price(s)
£2.563


Volume(s)
12,217




e)


Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total


 
12,217
£2.563
£31,312.17




f)


Date of the transaction


2018-06-18




g)


Place of the transaction


Outside a trading venue







 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Tony Hoggett




2


Reason for the notification




a)


Position/status


Chief Operations 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
 
Identification code
 


Ordinary shares of 5 pence each
 
 
GB0008847096




b)


Nature of the transaction


Release of shares from an award granted under the rules of the Tesco PLC Group Bonus Plan on 27 May 2015.




c)


Currency


GBP








d)


Price(s) and volume(s)


Price(s)
£2.563


Volume(s)
41,121




e)


Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total


 
41,121
£2.563
£105,393.10




f)


Date of the transaction


2018-06-18




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


Central Europe CEO




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


Release of shares from an award granted under the rules of the Tesco PLC Group Bonus Plan on 27 May 2015.




c)


Currency


GBP








d)


Price(s) and volume(s)


Price(s)
£2.563


Volume(s)
17,623




e)


Aggregated information
- Aggregated volume
- Aggregated Price
- Aggregated Total


 
17,623
£2.563
£45,167.75




f)


Date of the transaction


2018-06-18




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 or visit www.rns.com.
 
END
 
 
DSHBKLFFVQFBBBL