Tesco PLC — Director's Dealing 2018

Jul 23, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 4382V

Tesco PLC

23 July 2018

PDMR SHAREHOLDING

23 July 2018

Tesco PLC (the "Company")

Release of shares from the Tesco PLC Performance Share Plan 2011

On 20 July 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 Performance Share Plan 2011 on 20 July 2015:

Name of PDMR	Number of shares released
Natasha Adams	190,188
Tony Hoggett	339,625
Matt Simister	254,717
Andrew Yaxley	293,011

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 258.80 pence per share.

Sale of Ordinary shares

The Company has been notified that the members of the Company's Executive Committee listed below sold Ordinary shares of 5 pence each in the Company as set out below:

Name of PDMR	Number of shares sold	Sale price (pence per share)	Date of sale
Natasha Adams	31,282	258.4674	20 July 2018
Andrew Yaxley	155,295	258.4674	20 July 2018

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:

Sara Thomson, Deputy Company Secretary

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

Tel: 07928 427 323

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 awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 20 July 2015
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.588	Volume(s) 190,188
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	190,188 £2.588 £492,206.54
f)	Date of the transaction	2018-07-20
g)	Place of the transaction	Outside a trading venue

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	Sale of Ordinary shares
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.584674	Volume(s) 31,282
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	31,282 £2.584674 £80,853.77
f)	Date of the transaction	2018-07-20
g)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tony Hoggett
2	Reason for the notification
a)	Position/status	Group 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 awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 20 July 2015
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.588	Volume(s) 339,625
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	339,625 £2.588 £878,949.50
f)	Date of the transaction	2018-07-20
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	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 Identification code	Ordinary shares of 5 pence each GB0008847096
b)	Nature of the transaction	Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 20 July 2015
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.588		Volume(s) 254,717
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	254,717 £2.588 £659,207.60
f)	Date of the transaction	2018-07-20
g)	Place of the transaction	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	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	Release of shares from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 20 July 2015
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.588	Volume(s) 293,011
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	293,011 £2.588 £758,312.47
f)	Date of the transaction	2018-07-20
g)	Place of the transaction	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	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	Sale of Ordinary shares
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s) £2.584674	Volume(s) 155,295
e)	Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total	155,295 £2.584674 £401,386.95
f)	Date of the transaction	2018-07-20
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 rns@lseg.com or visit www.rns.com.

END

DSHVXLBLVDFEBBV