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Tesco PLC Director's Dealing 2022

Nov 30, 2022

4605_dirs_2022-11-30_725dc060-998d-4128-8110-fbf87664b747.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 1368I

Tesco PLC

30 November 2022

PDMR SHAREHOLDING

30 November 2022

Tesco PLC (the "Company")

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

The Company has been notified that on 25 November 2022, the Trustees of the Plan purchased Ordinary Shares of 6 1/3 pence each in the Company under the SIP's Partnership Share Scheme on behalf of the following Persons Discharging Managerial Responsibilities ("PDMRs"):

Name of PDMR Number of shares acquired Price per share Date acquired
Ken Murphy 58 £2.3718 25 November 2022
Natasha Adams 8 £2.3718 25 November 2022
Guus Dekkers 58 £2.3718 25 November 2022
Adrian Morris 58 £2.3718 25 November 2022
Ashwin Prasad 58 £2.3718 25 November 2022
Jason Tarry 58 £2.3718 25 November 2022
Andrew Yaxley 58 £2.3718 25 November 2022

In addition, the Trustees of the Plan purchased Ordinary shares of 6 1/3  pence each in the Company under the Plan's Dividend Re-Investment scheme on behalf of the following PDMRs:  

Name of PDMR Number of shares Price per share Date acquired
Ken Murphy 13 £2.3718 25 November 2022
Guus Dekkers 51 £2.3718 25 November 2022
Ashwin Prasad 69 £2.3718 25 November 2022
Matthew Simister 136 £2.3718 25 November 2022
Jason Tarry 502 £2.3718 25 November 2022
Emma Taylor 125 £2.3718 25 November 2022
Andrew Yaxley 247 £2.3718 25 November 2022

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
Ken Murphy 767 £2.3718 25 November 2022
399 £2.33353 28 November 2022
Imran Nawaz 4,801 £2.3718 25 November 2022
399 £2.33353 28 November 2022
Alison Platt 589 £2.33353 28 November 2022
Stewart Gilliland 482 £2.3718 28 November 2022
322+ £2.3718 28 November 2022
Guus Dekkers 949 £2.3718 25 November 2022
4,109 £2.33353 28 November 2022
Ashwin Prasad 2,140 £2.33353 28 November 2022
Jason Tarry 2,885 £2.3718 25 November 2022
6.452 £2.33353 28 November 2022
Natasha Adams 139 £2.3718 25 November 2022
4,034 £2.33353 28 November 2022
Christine Heffernan 1,486 £2.3718 25 November 2022
Emma Taylor 3,162 £2.3718 25 November 2022
1,489 £2.33353 28 November 2022
Gerry Mallon 897 £2.3718 25 November 2022
Matt Simister* 127 £2.33353 28 November 2022
33* £2.33353 28 November 2022
  • Share held in the joint names of Stewart Gilliland and his wife, Michelle Gilliland

* Shares held by Matt Simister's wife, a person closely associated

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 The acquisition of shares through the the Tesco PLC Share Incentive Plan (SIP Purchase) and the Company's Dividend Reinvestment Plan on his ordinary shareholding held directly or through a nominee (DRIP) and through the Plan (SIP DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718
Volume(s)

58 (SIP Purchase)
£2.3718 13 (SIP DRIP)
£2.3718 767 (DRIP)
£2.33353 399 (DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price- Aggregated Total
SIP Purchase

58

£2.3718

£137.56
SIP DRIP

13

£2.3718

£30.83
DRIP

767

£2.3718

£1,819.17
DRIP

399

£2.33353

£931.08
f) Date of the transaction 2022-11-25 2022-11-25 2022-11-25 2022-11-28
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 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 The acquisition of shares through the Dividend Reinvestment Plan held directly or through a nominee (DRIP)
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718
Volume(s)

4,801
£2.33353 399
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
4,801

£2.3718

£11,387.01
399

£2.33353

£931.08
f) Date of the transaction 2022-11-25 2022-11-28
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
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 The acquisition of shares through the Dividend Reinvestment Plan (DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.33353
Volume(s)

589
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
589

£2.33353

£1,374.45
f) Date of the transaction 2022-11-28
g) Place of the transaction London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Stewart Gilliland

Michelle Gilliland (person closely associated with Stewart Gilliland
2 Reason for the notification
a) Position/status 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 The acquisition of shares through the Dividend Reinvestment Plan (DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718

£2.3718
Volume(s)

482

322
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
Stewart Gilliland

482

£2.3718

£1,143.21
Stewart and Michelle Gilliland

322

£2.3718

£763.72
f) Date of the transaction 2022-11-28
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction The acquisition of shares through the Tesco PLC Share Incentive Plan (SIP Purchase) and the Company's Dividend Reinvestment Plan held directly or through a nominee (DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718
Volume(s)

8 (SIP Purchase)
£2.3718 139 (DRIP)
£2.33353 4,034 (DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
SIP Purchase

8

£2.3718

£18.97
DRIP

139

£2.3718

£329.68
DRIP

4,034

£2.33353

£9,413.46
f) Date of the transaction 2022-11-25 and 2022-11-28
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction The acquisition of shares through the Tesco PLC Share Incentive Plan (SIP Purchase) and the Company's Dividend Reinvestment Plan held directly or through a nominee (DRIP) and through the Plan (SIP DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718
Volume(s)

58 (SIP Purchase)
£2.3718 51 (SIP DRIP)
£2.3718 949 (DRIP)
£2.33353 4,109 (DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
SIP Purchase

58

£2.3718

£137.56
SIP DRIP

51

£2.3718

£120.96
DRIP

949

£2.3718

£2,250.84
DRIP

4,109

£2.33353

£9,588.47
f) Date of the transaction 2022-11-25 and 2022-11-28
g) Place of the transaction London Stock Exchange, Main Market (XLON)
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 The acquisition of shares through the Tesco PLC Share Incentive Plan.
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718
Volume(s)

58
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
58

£2.3718

£137.56
f) Date of the transaction 2022-11-25
g) Place of the transaction London Stock Exchange, Main Market (XLON)
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 The acquisition of shares through the Tesco PLC Share Incentive Plan (SIP Purchase) and dividend re-investment  Plan (DRIP) on his ordinary shareholding and through the Plan (SIP DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718
Volume(s)

58 (SIP Purchase)
£2.3718 69 (SIP DRIP)
£2.33353 2,140 (DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
SIP Purchase

58

£2.3718

£137.56
SIP DRIP

69

£2.3718

£163.65
DRIP

2,140

£2.33353

£4,993.75
f) Date of the transaction 2022-11-25 and 2022-11-28
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 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 The acquisition of shares through the Tesco PLC Share Incentive Plan (SIP Purchase) and the Company's Dividend Reinvestment Plan held directly or through a nominee (DRIP) and through the Plan (SIP DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718
Volume(s)

58 (SIP Purchase)
£2.3718 502 (SIP DRIP)
£2.3718 2,885 (DRIP)
£2.33353 6,452 (DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
SIP Purchase

58

£2.3718

£137.56
SIP DRIP

502

£2.3718

£1,190.64
DRIP

2,885

£2.3718

£6,842.643
DRIP

6,452

£2.33353

£15,055.94
f) Date of the transaction 2022-11-25 and 2022-11-28
g) Place of the transaction London Stock Exchange, Main Market (XLON)
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 The acquisition of shares through the Tesco PLC Share Incentive Plan (SIP Purchase) and the dividend re-investment element of the Plan (SIP DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718
Volume(s)

58 (SIP Purchase)
£2.3718 247 (SIP DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
SIP Purchase

58

£2.3718

£137.56
SIP DRIP

247

£2.3718

£585.83
f) Date of the transaction 2022-11-25
g) Place of the transaction London Stock Exchange, Main Market (XLON)
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 The acquisition of shares through the Dividend Reinvestment Plan (DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718
Volume(s)

1,486
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
1,486

£2.3718

£3,524.49
f) Date of the transaction 2022-11-25
g) 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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction The acquisition of shares through the Dividend Reinvestment Plan held directly or through a nominee (DRIP) and through the Plan (SIP DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718
Volume(s)

125 (SIP DRIP)
£2.3718 3,162 (DRIP)
£2.33353 1,489 (DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
SIP DRIP

125

£2.3718

£296.48
DRIP

3,162

£2.3718

£7,499.63
DRIP

1,489

£2.33353

£3,474.63
f) Date of the transaction 2022-11-25 and 2022-11-28
g) Place of the transaction London Stock Exchange, Main Market (XLON)
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 The acquisition of shares through the Dividend Reinvestment Plan (DRIP).
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718
Volume(s)

897
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
897

£2.3718

£2,127.50
f) Date of the transaction 2022-11-25
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

Karen Simister (a person closely associated with 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 The acquisition of shares through the Dividend Reinvestment Plan held directly or through a nominee (DRIP) and through the Plan (SIP DRIP)
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£2.3718

£2.33353

£2.33353
Volume(s)

136 (SIP DRIP)

127 (DRIP)

33 (DRIP)
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
SIP DRIP

136

£2.3718

£322.56
DRIP

127

£2.33353

£296.36
DRIP

33

£2.33353

£77.01
f) Date of the transaction 2022-11-25 and 2022-11-28
g) Place of the transaction London Stock Exchange, Main Market (XLON)

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