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Tesco PLC Director's Dealing 2025

May 13, 2025

4605_pos_2025-05-13_39a7e2fa-d7b8-43a9-8656-c31e880ee732.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 5136I

Tesco PLC

13 May 2025

PDMR SHAREHOLDING

13 May 2025

Tesco PLC (the "Company")

Grant of Awards under the Tesco PLC Deferred Bonus Plan 2019

On 12 May 2025, the 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 Tesco PLC Deferred Bonus Plan 2019.

Name of PDMR No. of shares subject to award
Ken Murphy1 383,228
Imran Nawaz1 214,665
Natasha Adams2 118,113
Matthew Barnes 2 152,550
Guus Dekkers 2 114,331
Christine Heffernan 2 87,927
Kay Majid2 60,204
Ashwin Prasad2 146,546
Matt Simister2 102,991
Emma Taylor2 104,718
Andrew Yaxley2 109,676

1. The shares will vest on 12 May 2028. Both are Executive Directors.

2. 50% of the shares will vest on 12 May 2026 and 50% will vest on 12 May 2027.

The above awards have been made in the form of conditional shares which will vest and be released on the dates shown above, subject to continuous employment.  

The numbers of shares have been calculated using a market price of 376.40 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.

The awards have been granted in respect of the annual deferred bonus for the 2024/25 Financial Year. 

The shares awarded contribute towards the shareholding guidelines for Executive Directors and Executive Committee members.  The shareholding guidelines for Executive Directors are set out in the Directors' Remuneration Report of the Tesco PLC Annual Report and Financial Statements 2025.

Release of shares under the Tesco PLC Deferred Bonus Plan 2019 ("DBP")

On 12 May 2025, 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 12 May 2022, 11 May 2023 and 13 May 2024 under the DBP:

Name of PDMR No. of shares released (DBP 2022) No. of shares released (DBP 2023) No. of shares released (DBP 2024) No. of shares withheld No. of net shares
Ken Murphy 662,539 248,320 414,219
Imran Nawaz 256,520 120,565 135,955
Natasha Adams 78,774 91,648 80,099 90,323
Guus Dekkers 78,507 87,895 78,209 88,193
Christine Heffernan 51,017 60,377 52,356 59,038
Kay Majid 16,927 20,407 17,547 19,787
Ashwin Prasad 77,767 100,630 83,847 94,550
Matt Simister 81,304 84,053 77,718 87,639
Emma Taylor 60,019 80,503 66,046 74,476
Andrew Yaxley 93,630 97,844 89,993 101,481

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 368.70 pence per share.

Sale of Ordinary shares

The Company has been notified that on 12 May 2025, 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 (pence) Date of sale
Natasha Adams 90,323 370.35 12 May 2025
Guus Dekkers 88,193 370.35 12 May 2025
Andrew Yaxley 101,481 370.35 12 May 2025

Purchase of shares under the Tesco PLC Share Incentive Plan (the "SIP")

The Company has been notified that on 9 May 2025, the Trustees of the SIP 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") as set out below:  

Name of PDMR Number of shares acquired Purchase price per share (pence) Date acquired
Ken Murphy 36 377.79 9 May 2025
Natasha Adams 5 377.79 9 May 2025
Matthew Barnes 36 377.79 9 May 2025
Guus Dekkers 36 377.79 9 May 2025
Kay Majid 29 377.79 9 May 2025
Ashwin Prasad 36 377.79 9 May 2025
Andrew Yaxley 37 377.79 9 May 2025

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:

Chris Taylor, Group Company Secretary

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

Tel: 07793 902343

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 Deferred Bonus Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.764
Volume(s)

383,228
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
383,228

£3.764

£1,442,470.19
f) Date of the transaction 2025-05-12
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 Deferred Bonus Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.764
Volume(s)

214,665
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
214,665

£3.764

£807,999.06
f) Date of the transaction 2025-05-12
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, Ireland and Northern Ireland
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 Deferred Bonus Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.764
Volume(s)

118,113
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
118,113

£3.764

£444,577.33
f) Date of the transaction 2025-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Matthew Barnes
2 Reason for the notification
a) Position/status CEO, UK
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 Deferred Bonus Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.764
Volume(s)

152,550
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
152,550

£3.764

£574,198.20
f) Date of the transaction 2025-05-12
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 Deferred Bonus Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.764
Volume(s)

114,331
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
114,331

£3.764

£430,341.88
f) Date of the transaction 2025-05-12
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 Deferred Bonus Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.764
Volume(s)

87,927
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
87,927

£3.764

£330,957.23
f) Date of the transaction 2025-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Kay Majid
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 Deferred Bonus Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.764
Volume(s)

60,204
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
60,204

£3.764

£226,607.86
f) Date of the transaction 2025-05-12
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 Commercial 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 Deferred Bonus Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.764
Volume(s)

146,546
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
146,546

£3.764

£551,599.14
f) Date of the transaction 2025-05-12
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 Deferred Bonus Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.764
Volume(s)

102,991
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
102,991

£3.764

£387,658.12
f) Date of the transaction 2025-05-12
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 Deferred Bonus Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.764
Volume(s)

104,718
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
104,718

£3.764

£394,158.55
f) Date of the transaction 2025-05-12
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 Deferred Bonus Plan 2019
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.764
Volume(s)

109,676
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
109,676

£3.764

£412,820.46
f) Date of the transaction 2025-05-12
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 6 1/3 pence each

GB00BLGZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Deferred Bonus Plan on 12 May 2022
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

662,539
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
662,539

£3.687

£2,442,781.29
f) Date of the transaction 2025-05-12
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 Release of shares from awards granted under the rules of the Tesco PLC Deferred Bonus Plan on 12 May 2022
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

256,520
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
256,520

£3.687

£945,789.24
f) Date of the transaction 2025-05-12
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, Ireland and Northern Ireland
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 Deferred Bonus Plan on 11 May 2023
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

78,774
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
78,774

£3.687

£290,439.74
f) Date of the transaction 2025-05-12
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 Release of shares from awards granted under the rules of the Tesco PLC Deferred Bonus Plan on 11 May 2023
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

78,507
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
78,507

£3.687

£289,455.31
f) Date of the transaction 2025-05-12
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

GB00BLZ9862
b) Nature of the transaction Release of shares from awards granted under the rules of the Tesco PLC Deferred Bonus Plan on 11 May 2023
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

51,017
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
51,017

£3.687

£188,099.68
f) Date of the transaction 2025-05-12
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Kay Majid
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 Deferred Bonus Plan on 11 May 2023
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

16,927
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
16,927

£3.687

£62,409.85
f) Date of the transaction 2025-05-12
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 Commercial 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 Deferred Bonus Plan on 11 May 2023
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

77,767
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
77,767

£3.687

£286,726.93
f) Date of the transaction 2025-05-12
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 Deferred Bonus Plan on 11 May 2023
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

81,304
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
81,304

£3.687

£299,767.85
f) Date of the transaction 2025-05-12
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 Release of shares from awards granted under the rules of the Tesco PLC Deferred Bonus Plan on 11 May 2023
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

60,019
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
60,019

£3.687

£221,290.05
f) Date of the transaction 2025-05-12
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 Deferred Bonus Plan on 11 May 2023
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

93,630
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
93,630

£3.687

£345,213.81
f) Date of the transaction 2025-05-12
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, Ireland and Northern Ireland
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 Deferred Bonus Plan on 13 May 2024
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

91,648
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
91,648

£3.687

£337,906.18
f) Date of the transaction 2025-05-12
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 Release of shares from awards granted under the rules of the Tesco PLC Deferred Bonus Plan on 13 May 2024
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

87,895
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
87,895

£3.687

£324,068.87
f) Date of the transaction 2025-05-12
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 Release of shares from awards granted under the rules of the Tesco PLC Deferred Bonus Plan on 13 May 2024
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

60,377
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
60,377

£3.687

£222,610.00
f) Date of the transaction 2024-05-11
g) Place of the transaction Outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Kay Majid
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 Deferred Bonus Plan on 13 May 2024
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

20,407
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
20,407

£3.687

£75,240.61
f) Date of the transaction 2025-05-12
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 Commercial 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 Deferred Bonus Plan on 13 May 2024
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

100,630
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
100,630

£3.687

£371,022.81
f) Date of the transaction 2025-05-12
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 Release of shares from awards granted under the rules of the Tesco PLC Deferred Bonus Plan on 13 May 2024
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

84,053
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
84,053

£3.687

£309,903.41
f) Date of the transaction 2025-05-12
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 Release of shares from awards granted under the rules of the Tesco PLC Deferred Bonus Plan on 13 May 2024
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

80,503
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
80,503

£3.687

£296,814.56
f) Date of the transaction 2025-05-12
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 Deferred Bonus Plan on 13 May 2024
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.687
Volume(s)

97,844
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
97,844

£3.687

£360,750.83
f) Date of the transaction 2025-05-12
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, Ireland and Northern Ireland
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)

£3.7035
Volume(s)

90,323
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
90,323

£3.7035

£334,511.23
f) Date of the transaction 2025-05-12
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 Sale of Ordinary shares
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.7035
Volume(s)

88,193
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
88,193

£3.7035

£326,622.78
f) Date of the transaction 2025-05-12
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 Sale of Ordinary shares
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.7035
Volume(s)

101,481
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
101,481

£3.7035

£375,834.88
f) Date of the transaction 2025-05-12
g) Place of the transaction London Stock Exchange, Main Market (XLON)
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 Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.7779
Volume(s)

36
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
36

£3.7779

£136.00
f) Date of the transaction 2025-05-09
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, Ireland and Northern Ireland
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 Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.7779
Volume(s)

5
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
5

£3.7779

£18.89
f) Date of the transaction 2025-05-09
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 Barnes
2 Reason for the notification
a) Position/status CEO, UK
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 Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.7779
Volume(s)

36
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
36

£3.7779

£136.00
f) Date of the transaction 2025-05-09
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 Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.7779
Volume(s)

36
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
36

£3.7779

£136.00
f) Date of the transaction 2025-05-09
g) Place of the transaction London Stock Exchange, Main Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Kay Majid
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 Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.7779
Volume(s)

29
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
29

£3.7779

£109.56
f) Date of the transaction 2025-05-09
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 Commercial 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 Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.7779
Volume(s)

36
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
36

£3.7779

£136.00
f) Date of the transaction 2025-05-09
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 Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan
c) Currency GBP
d) Price(s) and volume(s) Price(s)

£3.7779
Volume(s)

37
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
37

£3.7779

£139.78
f) Date of the transaction 2025-05-09
g) Place of the transaction London Stock Exchange, Main Market (XLON)

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