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Tesco PLC Director's Dealing 2021
4605_dirs_2021-11-15_7ac55642-5ce7-462b-877f-f69171c05021.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 4169S
Tesco PLC
15 November 2021
PDMR SHAREHOLDING
15 November 2021
Tesco PLC (the "Company")
Exercise of nil-cost options under the Tesco PLC Performance Share Plan 2011 (the "PSP") and Tesco PLC Group Bonus Plan (the "GBP")
On 12 November, Matthew Simister, a member of the Company's Executive Committee, exercised nil-cost options over 290,708 Ordinary Shares of 6 1/3 pence each in the Company from awards granted under the rules of the PSP and GBP as set out below:
| Shares Plan | Grant Date | No. of shares under option |
| PSP | 11/05/2017 | 138,210 |
| GBP | 11/05/2017 | 152,498 |
| Total | 290,708 |
This represents the gross number of shares exercised. A proportion of the shares exercised have been retained to cover Income Tax and National Insurance Contributions due on exercise and the net shares were sold on exercise as detailed below.
The share price on exercise was 285.00 pence per share.
Sale of Ordinary shares
The Company has been notified that Matthew Simister, a member of the Company's Executive Committee, sold 154,074 Ordinary shares of 6 1/3 pence each in the Company as set out below:
| Source of shares | No. of shares sold | Sale price (pence per share) | Date of sale |
| Net shares from option exercises | 154,074 | 284.65 | 12 November 2021 |
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 | Matthew 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 | Exercise of nil-cost options under the rules of the Tesco PLC Performance Share Plan 2011 and Tesco PLC Group Bonus Plan | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) £2.85 |
Volume(s) 290,708 |
| e) | Aggregated information - Aggregated Volume - Aggregated Price - Aggregated Total |
290,708 £2.85 £828,517.80 |
|
| f) | Date of the transaction | 2021-11-12 | |
| g) | Place of the transaction | Outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Matthew 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) £2.8465 |
Volume(s) 154,074 |
| e) | Aggregated information - Aggregated Volume - Aggregated Price - Aggregated Total |
154,074 £2.8465 £438,571.64 |
|
| f) | Date of the transaction | 2021-11-12 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
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