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 2022

Jun 27, 2022

4605_dirs_2022-06-27_e0ecc4b8-e517-4ce1-bc83-24a5cab5c58a.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 : 3669Q

Tesco PLC

27 June 2022

PDMR SHAREHOLDING

27 June 2022

Tesco PLC (the "Company")

1.    Grant of Awards under the Tesco PLC Long-Term Incentive Plan 2021 (the "LTIP")

On 24 June 2022, the Executive Directors and members of the Company's Executive Committee listed below were granted awards over Ordinary Shares of 6 1/3 pence each in the Company under the LTIP.

PDMR Number of Shares subject to award
Ken Murphy 1,521,455
Imran Nawaz 731,462
Natasha Adams 473,446
Alessandra Bellini 527,555
Guus Dekkers 477,955
Christine Heffernan 306,613
Gerry Mallon 270,517
Adrian Morris 473,446
Ashwin Prasad 450,901
Matt Simister 482,464
Jason Tarry 631,262
Emma Taylor 360,721
Andrew Yaxley 532,064

The above awards have been made in the form of conditional shares which will vest on 24 June 2025 subject to the achievement of the Earnings Per Share, Free Cash Flow and ESG performance targets over the performance period, as outlined in the Directors' Remuneration Report of the Tesco PLC Annual Report and Financial Statements 2022. 

For the awards to Ken Murphy and Imran Nawaz, the vested shares will be subject to a post-vesting holding period of two years from the vesting date.

Except for the award to Gerry Mallon, the numbers of shares have been calculated using a market price of 249.5 pence per share.  For any dividends paid in the period between the grant and release of conditional shares, the number of shares in each case will be increased to reflect the dividends that would have accrued had they been reinvested in shares.

For CRDV banking regulatory purposes, the number of shares awarded to Gerry Mallon will not be increased to reflect any dividends paid to shareholders in the period between the grant and release of conditional shares.  However, a discount has been applied to the market price of 249.5 pence per share when calculating the number of shares under Gerry's award to reflect the absence of dividend equivalents during the vesting period.

2. Tesco PLC Share Incentive Plan (the "Plan")

The Company has been notified that on 24 June 2022, the Trustees of the Plan purchased Ordinary shares of 6⅓ 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
Ken Murphy 15 £2.53374 24 June 2022
Guus Dekkers 85 £2.53374 24 June 2022
Adrian Morris 285 £2.53374 24 June 2022
Ashwin Prasad 119 £2.53374 24 June 2022
Matthew Simister 249 £2.53374 24 June 2022
Jason Tarry 903 £2.53374 24 June 2022
Emma Taylor 227 £2.53374 24 June 2022
Andrew Yaxley 440 £2.53374 24 June 2022

3. 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
Ken Murphy 1,395 £2.53374 24 June 2022
Imran Nawaz 8,727 £2.53374 24 June 2022
Natasha Adams 8,645 £2.53374 24 June 2022
Guus Dekkers 1,725 £2.53374 24 June 2022
Christine Heffernan 2,703 £2.53374 24 June 2022
Gerry Mallon 1,632 £2.53374 24 June 2022
Jason Tarry 5,244 £2.53374 24 June 2022
Emma Taylor 5,747 £2.53374 24 June 2022
Stewart Gilliland 891 £2.53 24 June 2022
594* £2.53 24 June 2022

* Shares held in the joint names of Stewart Gilliland and his wife, Michelle Gilliland.

The Notification of Dealing Forms can be found below.  This announcement is made in accordance with the UK Market Abuse Regulation (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 Ken Murphy
2 Reason for the notification
a) Position/status Group Chief Executive 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 Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

1,521,455
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
1,521,455

£2.495

£3,796,030.23
f) Date of the transaction 2022-06-24
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Imran Nawaz
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

731,462
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
731,462

£2.495

£1,824,997.69
f) Date of the transaction 2022-06-24
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 CEO, 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 Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

473,446
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
473,446

£2.495

£1,181,247.77
f) Date of the transaction 2022-06-24
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 Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

527,555
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
527,555

£2.495

£1,316,249.73
f) Date of the transaction 2022-06-24
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Guus Dekkers
2 Reason for the notification
a) Position/status Chief Technology 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 Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

477,955
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
477,955

£2.495

£1,192,497.73
f) Date of the transaction 2022-06-24
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Christine Heffernan
2 Reason for the notification
a) Position/status Group Communications 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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

306,613
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
306,613

£2.495

£764,999.44
f) Date of the transaction 2022-06-24
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Gerry Mallon
2 Reason for the notification
a) Position/status Chief Executive, Tesco Bank
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 Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

270,517
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
270,517

£2.495

£674,939.92
f) Date of the transaction 2022-06-24
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 Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

473,446
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
473,446

£2.495

£1,181,247.77
f) Date of the transaction 2022-06-24
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 Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

450,901
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
450,901

£2.495

£1,124,998.00
f) Date of the transaction 2022-06-24
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 Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

482,464
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
482,464

£2.495

£1,203,747.68
f) Date of the transaction 2022-06-24
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 Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

631,262
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
631,262

£2.495

£1,574,998.69
f) Date of the transaction 2022-06-24
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Emma Taylor
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 Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

360,721
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
360,721

£2.495

£899,998.90
f) Date of the transaction 2022-06-24
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 Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.495
Volume(s)

532,064
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
532,064

£2.495

£1,327,499.68
f) Date of the transaction 2022-06-24
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Ken Murphy
2 Reason for the notification
a) Position/status Group Chief Executive 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 6⅓ pence each

GB0008847096
b) Nature of the transaction The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

15 (SIP DRIP)
£2.53374 1,395 (DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
SIP DRIP

15

£2.53374

£38.01
DRIP

1,395

£2.53374

£3,534.57
f) Date of the transaction 2022-06-24
g) Place of the transaction London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Imran Nawaz
2 Reason for the notification
a) Position/status Group 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 6⅓ pence each

GB0008847096
b) Nature of the transaction The acquisition of shares through the Company's Dividend Reinvestment Plan.
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

8,727
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
8,727

£2.53374

£22,111.95
f) Date of the transaction 2022-06-24
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 CEO, 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 6⅓ pence each

GB0008847096
b) Nature of the transaction The acquisition of shares through the Company's Dividend Reinvestment Plan.
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

8,645
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
8,645

£2.53374

£21,904.18
f) Date of the transaction 2022-06-24
g) Place of the transaction London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Guus Dekkers
2 Reason for the notification
a) Position/status Chief Technology 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 6⅓ pence each

GB0008847096
b) Nature of the transaction The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

85 (SIP DRIP)
£2.53374 1,725 (DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
SIP DRIP

85

£2.53374

£215.37
DRIP

1,725

£2.53374

£4,370.70
f) Date of the transaction 2022-06-24
g) Place of the transaction London Stock Exchange, Main Market (XLON)
Details of the person discharging managerial responsibilities/person closely associated
Name Christine Heffernan
Reason for the notification
Position/status Group Communications Director
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Tesco PLC
Legal Entity Identifier 2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 6⅓ pence each

GB0008847096
Nature of the transaction The acquisition of shares through the Company's Dividend Reinvestment Plan.
Currency GBP
Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

2,703
Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
2,703

£2.53374

£6,848.70
Date of the transaction 2022-06-24
Place of the transaction London Stock Exchange, Main Market (XLON)
Details of the person discharging managerial responsibilities/person closely associated
Name Adrian Morris
Reason for the notification
Position/status Group General Counsel
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Tesco PLC
Legal Entity Identifier 2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 6⅓ pence each

GB0008847096
Nature of the transaction The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
Currency GBP
Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

285
Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
285

£2.53374

£722.12
Date of the transaction 2022-06-24
Place of the transaction London Stock Exchange, Main Market (XLON)
Details of the person discharging managerial responsibilities/person closely associated
Name Ashwin Prasad
Reason for the notification
Position/status Chief Product Officer
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Tesco PLC
Legal Entity Identifier 2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 6⅓ pence each

GB0008847096
Nature of the transaction The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
Currency GBP
Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

119
Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
119

£2.53374

£301.52
Date of the transaction 2022-06-24
Place of the transaction London Stock Exchange, Main Market (XLON)
Details of the person discharging managerial responsibilities/person closely associated
Name Matthew Simister
Reason for the notification
Position/status Central Europe CEO
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Tesco PLC
Legal Entity Identifier 2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 6⅓ pence each

GB0008847096
Nature of the transaction The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
Currency GBP
Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

249
Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
249

£2.53374

£630.90
Date of the transaction 2022-06-24
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 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 6⅓ pence each

GB0008847096
b) Nature of the transaction The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

903 (SIP DRIP)
£2.53374 5,244 (DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
SIP DRIP

903

£2.53374

£2,287.97
DRIP

5,244

£2.53374

£13,286.93
f) Date of the transaction 2022-06-24
g) Place of the transaction London Stock Exchange, Main Market (XLON)
Details of the person discharging managerial responsibilities/person closely associated
Name Gerry Mallon
Reason for the notification
Position/status Chief Executive, Tesco Bank
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Tesco PLC
Legal Entity Identifier 2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 6⅓ pence each

GB0008847096
Nature of the transaction The acquisition of shares through the Company's Dividend Reinvestment Plan.
Currency GBP
Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

1,632
Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
1,632

£2.53374

£4,135.06
Date of the transaction 2022-06-24
Place of the transaction London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Emma Taylor
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 6⅓ pence each

GB0008847096
b) Nature of the transaction The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan (SIP DRIP) and the Company's Dividend Reinvestment Plan (DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

227 (SIP DRIP)
£2.53374 5,747 (DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
SIP DRIP

227

£2.53374

£575.16
DRIP

5,747

£2.53374

£14,561.40
f) Date of the transaction 2022-06-24
g) Place of the transaction London Stock Exchange, Main Market (XLON)
Details of the person discharging managerial responsibilities/person closely associated
Name Andrew Yaxley
Reason for the notification
Position/status CEO Booker
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Tesco PLC
Legal Entity Identifier 2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 6⅓ pence each

GB0008847096
Nature of the transaction The acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan.
Currency GBP
Price(s) and volume(s) Price(s)

£2.53374
Volume(s)

440
Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
440

£2.53374

£1,114.85
Date of the transaction 2022-06-24
Place of the transaction London Stock Exchange, Main Market (XLON)
Details of the person discharging managerial responsibilities/person closely associated
Name Stewart Gilliland

Michelle Gilliland (person closely associated with Stewart Gilliland)
Reason for the notification
Position/status Non-executive Director
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name Tesco PLC
Legal Entity Identifier 2138002P5RNKC5W2JZ46
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
Description of the financial instrument, type of instrument

Identification code
Ordinary shares of 6⅓ pence each

GB0008847096
Nature of the transaction The acquisition of shares through the Company's Dividend Reinvestment Plan.
Currency GBP
Price(s) and volume(s) Price(s) Volume(s)
Stewart Gilliland £2.53 891
Stewart and Michelle Gilliland £2.53 594
Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
Stewart Gilliland

891

£2.53

£2,254.23
Stewart and Michelle Gilliland

594

£2.53

£1,502.82
Date of the transaction 2022-06-24
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

DSHDDLFLLQLBBBF