Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Tesco PLC Director's Dealing 2021

May 11, 2021

4605_dirs_2021-05-11_4b315a63-1c55-4cb2-be68-6d8f04e6fc89.html

Director's Dealing

Open in viewer

Opens in your device viewer

{# SEO P0-1: filing HTML is rendered server-side so Googlebot sees the full text without executing JS or following an iframe to a Disallow'd CDN path. The content has already been sanitized through filings.seo.sanitize_filing_html. #}

National Storage Mechanism | Additional information

RNS Number : 2132Y

Tesco PLC

11 May 2021

PDMR SHAREHOLDING

11 May 2021

Tesco PLC (the "Company")

Release of shares from the Tesco PLC Group Bonus Plan (GBP)

On 10 May 2021, the members of the Company's Executive Committee listed below received the following Ordinary shares of 6 1/3 pence each in the Company upon their release from share awards granted on 9 May 2018 under the rules of the GBP:

Name of PDMR No. of shares released No. of shares withheld No. of net shares
Natasha Adams 69,188 32,519 36,669
Alessandra Bellini 74,557 35,042 39,515
Tony Hoggett 169,460 79,647 89,813
Adrian Morris 162,654 76,448 86,206
Ashwin Prasad 66,778 31,386 35,392
Matt Simister 147,966 69,545 78,421
Jason Tarry 184,097 86,526 97,571
Andrew Yaxley 121,532 57,121 64,411

The numbers of shares released represent the gross number of shares including dividend equivalent shares which have accrued between grant and release.  As shown above, shares 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 230.00 pence per share.

Sale of Ordinary shares

The Company has been notified that on 10 May 2021, the following members of the Company's Executive Committee sold Ordinary shares of 6 1/3 pence each in the Company as set out below:

Name No. of shares sold Sale price

per share
Date of sale
Natasha Adams 36,669 227.8 pence 10 May 2021
Tony Hoggett 89,813 227.8 pence 10 May 2021
Matt Simister 78,421 227.8 pence 10 May 2021

The Notification of Dealing Forms for each PDMR can be found below.  This announcement is made in accordance with Article 19 of the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. 

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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.30
Volume(s)

69,188
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
69,188

£2.30

£159,132.40
f) Date of the transaction 2021-05-10
g) Place of the transaction Outside a trading venue
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.30
Volume(s)

74,557
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
74,557

£2.30

£171,481.10
f) Date of the transaction 2021-05-10
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 Strategy and Innovation 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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.30
Volume(s)

169,460
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
169,460

£2.30

£389,758.00
f) Date of the transaction 2021-05-10
g) Place of the transaction Outside a trading venue
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.30
Volume(s)

162,654
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
162,654

£2.30

£374,104.20
f) Date of the transaction 2021-05-10
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Ashwin Prasad
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.30
Volume(s)

66,778
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
66,778

£2.30

£153,589.40
f) Date of the transaction 2021-05-10
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.30
Volume(s)

147,966
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
147,966

£2.30

£340,321.80
f) Date of the transaction 2021-05-10
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Jason Tarry
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.30
Volume(s)

184,097
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
184,097

£2.30

£423,423.10
f) Date of the transaction 2021-05-10
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 CEO Booker
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Group Bonus Plan on 9 May 2018
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.30
Volume(s)

121,532
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
121,532

£2.30

£279,523.60
f) Date of the transaction 2021-05-10
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Sale of Ordinary shares
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.278
Volume(s)

36,669
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
36,669

£2.278

£83,531.98
f) Date of the transaction 2021-05-10
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 Chief Strategy and Innovation 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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Sale of Ordinary shares
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.278
Volume(s)

89,813
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
89,813

£2.278

£204,594.01
f) Date of the transaction 2021-05-10
g) Place of the transaction London Stock Exchange, Main Market (XLON)
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Sale of Ordinary shares
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.278
Volume(s)

78,421
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
78,421

£2.278

£178,643.04
f) Date of the transaction 2021-05-10
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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHVFLBFFELLBBX