AI assistant
Tesco PLC — Director's Dealing 2020
Jul 8, 2020
4605_dirs_2020-07-08_c4f50017-f309-4ac8-9f84-aa732a8dbb38.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
RNS Number : 4376S
Tesco PLC
08 July 2020
Tesco PLC
Director/PDMR Shareholding
08 July 2020
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. Tesco PLC Share Incentive Plan (the "Plan")
On 3 July 2020, 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 | 137 | £2.2396 | 3 July 2020 |
| Alan Stewart | 134 | £2.2396 | 3 July 2020 |
| Natasha Adams | 161 | £2.2396 | 3 July 2020 |
| Antony Hoggett | 462 | £2.2396 | 3 July 2020 |
| Alison Horner | 231 | £2.2396 | 3 July 2020 |
| Adrian Morris | 208 | £2.2396 | 3 July 2020 |
| Matthew Simister | 216 | £2.2396 | 3 July 2020 |
| Jason Tarry | 745 | £2.2396 | 3 July 2020 |
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 |
| Dave Lewis | 4,823 | £2.2390 | 3 July 2020 |
| Alan Stewart | 351 | £2.2390 | 3 July 2020 |
| Mikael Olsson | 1,324 | £2.2390 | 3 July 2020 |
| Alison Platt | 1,017 | £2.2396 | 6 July 2020 |
| Natasha Adams | 6,987 | £2.2390 | 3 July 2020 |
| Alessandra Bellini | 6,251 | £2.2390 | 3 July 2020 |
| Matthew Simister | 4,189 | £2.2390 | 3 July 2020 |
| Jason Tarry | 557 | £2.2390 | 3 July 2020 |
3. Director Shareholding
The following Directors acquired a further interest in the Company's shares as a result of their participation in a third party Dividend Reinvestment Plan ("DRIP") as set out below:
| Name of PDMR | Number of shares | Price per share | Date acquired |
| Jason Tarry | 1,405 | £2.2396 | 6 July 2020 |
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) |
| £2.239 | 4,823 (Dividend Reinvestment Plan) | ||
| £2.2396 | 137 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 4,823 £2.239 £10,798.70 |
Share Incentive Plan 137 £2.2396 £306.83 |
| f) | Date of the transaction | 2020-07-03 | |
| 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 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) | |||||
| £2.239 | 351 (Dividend Reinvestment Plan) | |||||||
| £2.2396 | 134 (Share Incentive Plan) | |||||||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 351 £2.239 £785.89 |
Share Incentive Plan 134 £2.2396 £300.11 |
|||||
| f) | Date of the transaction | 2020-07-03 | 2020-07-03 | |||||
| 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) | |||||
| £2.239 | 6,987 (Dividend Reinvestment Plan) | |||||||
| £2.2396 | 161 (Share Incentive Plan) | |||||||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 6,987 £2.239 £15,643.89 |
Share Incentive Plan 161 £2.2396 £360.58 |
|||||
| f) | Date of the transaction | 2020-07-03 | ||||||
| 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 Company's Dividend Reinvestment element of the Tesco PLC Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.2396 | 462 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
462 £2.2396 £1,034.70 |
|
| f) | Date of the transaction | 2020-07-03 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 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 Company's Dividend Reinvestment element of the Tesco PLC Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.2396 | 231 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
231 £2.2396 £517.35 |
|
| f) | Date of the transaction | 2020-07-03 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 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 element of the Tesco PLC Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) | Volume(s) |
| £2.2396 | 208 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
208 £2.2396 £465.84 |
|
| f) | Date of the transaction | 2020-07-03 | |
| 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) |
| £2.239 | 4,189 (Dividend Reinvestment Plan) | ||
| £2.2396 | 216 (Share Incentive Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan 4,189 £2.239 £9,379.17 |
Share Incentive Plan 216 £2.2396 £483.76 |
| f) | Date of the transaction | 2020-07-03 | |
| 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 | UK & ROI 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, the dividend re-investment element of the Tesco PLC Share Incentive Plan and a third party Dividend Reinvestment Plan. | |||
| c) | Currency | GBP | |||
| d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| £2.239 | 557 (Dividend Reinvestment Plan) | ||||
| £2.2396 | 745 (Share Incentive Plan) | ||||
| £2.2396 | 1,405 (Third party DRIP) | ||||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Dividend Reinvestment Plan | Share Incentive Plan | Third party DRIP | |
| 557 £2.239 £1,247.12 |
745 £2.2396 £1,668.50 |
1,405 £2.2396 £3,146.64 |
|||
| f) | Date of the transaction | 2020-07-03 | 2020-07-03 | 2020-07-06 | |
| 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) |
| £2.239 | 1,324 (Dividend Reinvestment Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
1,324 £2.239 £2,964.44 |
|
| f) | Date of the transaction | 2020-07-03 | |
| 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) |
| £2.2396 | 1,017 | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
1,017 £2.2396 £2,277.67 |
|
| f) | Date of the transaction | 2020-07-06 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Alessandra Bellini | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Customer 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) |
| £2.239 | 6,251 (Dividend Reinvestment Plan) | ||
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
6,251 £2.239 £13,995.99 |
|
| f) | Date of the transaction | 2020-07-03 | |
| 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.
END
DSHXVLFBBDLEBBZ