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Tesco PLC — Director's Dealing 2018
Jun 26, 2018
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Director's Dealing
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RNS Number : 6586S
Tesco PLC
26 June 2018
Director/PDMR Shareholding
26 June 2018
Tesco PLC (the "Company") announces that it has been notified of the following transactions in the Company's Ordinary shares of 5 pence each undertaken by Directors / Persons Discharging Managerial Responsibility ("PDMR").
1. Dividend Reinvestment Plan ("DRIP")
On 22 June 2018, 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.
| Name of PDMR | Number of shares | Price per share | Date acquired |
| Dave Lewis | 763 | £2.6077 | 22 June 2018 |
| Mikael Olsson | 153 | £2.6077 | 22 June 2018 |
| Adrian Morris | 334 | £2.6077 | 22 June 2018 |
| Matthew Simister | 440 | £2.6077 | 22 June 2018 |
| Jason Tarry | 958 | £2.582 | 25 June 2018 |
| Natasha Adams | 403 | £2.6077 | 22 June 2018 |
| Alison Platt | 134 | £2.582 | 25 June 2018 |
2. Tesco PLC Share Incentive Plan (the "Plan")
On 22 June 2018, the Trustees of the Plan purchased Ordinary shares of 5 pence each in the Company under the Plan's Dividend Re-Investment scheme on behalf of the PDMRs as set out below:
| Name of PDMR | Number of shares | Price per share | Date acquired |
| Dave Lewis | 23 | £2.6098 | 22 June 2018 |
| Alan Stewart | 22 | £2.6098 | 22 June 2018 |
| Adrian Morris | 41 | £2.6098 | 22 June 2018 |
| Antony Hoggett | 112 | £2.6098 | 22 June 2018 |
| Alison Horner | 56 | £2.6098 | 22 June 2018 |
| Matthew Simister | 54 | £2.6098 | 22 June 2018 |
| Jason Tarry | 177 | £2.6098 | 22 June 2018 |
| Natasha Adams | 39 | £2.6098 | 22 June 2018 |
The Notification of Dealing Form for each PDMR 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 | Dave Lewis | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group Chief Executive | |
| 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 | Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.6077 | 763 (Dividend Reinvestment Plan) | ||
| £2.6098 | 23 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 763 £2.6077 £1989.6751 |
Share Incentive Plan 23 £2.6098 £60.0254 |
| f) | Date of the transaction | 2018-06-22 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Alan Stewart | |
| 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 Identification code |
Ordinary shares of 5 pence each GB0008847096 |
|
| b) | Nature of the transaction | Acquisition of shares through the dividend re-investment scheme of the Tesco PLC Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.6098 | 22 | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
22 £2.6098 £57.4156 |
|
| f) | Date of the transaction | 2018-06-22 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Mikael Olsson | |
| 2 | Reason for the notification | ||
| a) | Position/status | Director (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 Identification code |
Ordinary shares of 5 pence each GB0008847096 |
|
| b) | Nature of the transaction | Acquisition of shares through the Company's Dividend Reinvestment Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.6077 | 153 | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
153 £2.6077 £398.9781 |
|
| f) | Date of the transaction | 2018-06-22 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Adrian Morris | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group General Counsel | |
| 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 | Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.6077 | 334 (Dividend Reinvestment Plan) | ||
| £2.6098 | 41 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 334 £2.6077 £870.9718 |
Share Incentive Plan 41 £2.6098 £107.0018 |
| f) | Date of the transaction | 2018-06-22 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Matthew 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 | Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.6077 | 440 (Dividend Reinvestment Plan) | ||
| £2.6098 | 54 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 440 £2.6077 £1147.388 |
Share Incentive Plan 54 £2.6098 £140.9292 |
| f) | Date of the transaction | 2018-06-22 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Jason Tarry | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Product 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 | Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.582 | 958 (Dividend Reinvestment Plan) | ||
| £2.6098 | 177 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 958 £2.582 £2473.556 |
Share Incentive Plan 177 £2.6098 £461.9346 |
| f) | Date of the transaction | 2018-06-22 (Share Incentive Plan) 2018-06-25 (Dividend Reinvestment Plan) |
|
| 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 | 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 | Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.6077 | 403 (Dividend Reinvestment Plan) | ||
| £2.6098 | 39 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 403 £2.6077 £1050.9031 |
Share Incentive Plan 39 £2.6098 £101.7822 |
| f) | Date of the transaction | 2018-06-22 | |
| 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 (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 Identification code |
Ordinary shares of 5 pence each GB0008847096 |
|
| b) | Nature of the transaction | Acquisition of shares through the Company's Dividend Reinvestment Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.6077 | 134 | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
134 £2.6077 £349.4318 |
|
| f) | Date of the transaction | 2018-06-25 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Antony 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 | Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.6098 | 112 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Share Incentive Plan 112 £2.6098 £292.2976 |
|
| f) | Date of the transaction | 2018-06-22 | |
| 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 Horner | |
| 2 | Reason for the notification | ||
| a) | Position/status | CEO, Asia | |
| 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 | Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.6098 | 56 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Share Incentive Plan 56 £2.6098 £146.1488 |
|
| f) | Date of the transaction | 2018-06-22 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
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 [email protected] or visit www.rns.com.
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