Director's Dealing • Nov 25, 2025
Director's Dealing
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RNS Number : 9669I
Tesco PLC
25 November 2025
PDMR SHAREHOLDING
25 November 2025
Tesco PLC (the "Company")
1. Purchase of shares under the Tesco PLC Share Incentive Plan (the "SIP")
The Company has been notified that on 21 November 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 | Date acquired |
| Ken Murphy | 31 | £4.5301 | 21 November 2025 |
| Guus Dekkers | 31 | £4.5301 | 21 November 2025 |
| Kay Majid | 24 | £4.5301 | 21 November 2025 |
| Jonathan McQuarrie | 6 | £4.5301 | 21 November 2025 |
| Ashwin Prasad | 31 | £4.5301 | 21 November 2025 |
| Andrew Yaxley | 30 | £4.5301 | 21 November 2025 |
In addition, the Company has been notified that on 21 November 2025, the Trustees of the SIP purchased Ordinary shares of 6⅓ pence each in the Company under the SIP's Dividend Re-Investment Scheme on behalf of the following PDMRs as set out below:
| Name of PDMR | Number of shares acquired | Price per share | Date acquired |
| Guus Dekkers | 58 | £4.5301 | 21 November 2025 |
| Emma Taylor | 92 | £4.5301 | 21 November 2025 |
| Ashwin Prasad | 40 | £4.5301 | 21 November 2025 |
| Andrew Yaxley | 202 | £4.5301 | 21 November 2025 |
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 DRIP directly or through a nominee service as set out below:
| Name of PDMR | Number of shares | Price per share | Date acquired |
| Imran Nawaz | 4,949 | £4.5301 | 21 November 2025 |
| 456 | £4.507 | 21 November 2025 | |
| Bertrand Bodson | 671 | £4.538 | 21 November 2025 |
| Guus Dekkers | 9 | £4.5301 | 21 November 2025 |
| 5,236 | £4.507 | 21 November 2025 | |
| Christine Heffernan | 980 | £4.5301 | 21 November 2025 |
| Ashwin Prasad | 3,123 | £4.5301 | 21 November 2025 |
| Emma Taylor | 3,398 | £4.5301 | 21 November 2025 |
| 3,081 | £4.507 | 21 November 2025 | |
| Geoff Byrne | 1,938 | £4.507 | 21 November 2025 |
| 55 | £4.5301 | 21 November 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
LEI Number: 2138002P5RNKC5W2JZ46
| 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. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) £4.5301 £4.507 |
Volume(s) 4,949 456 |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
4,949 £4.5301 £22,419.46 |
456 £4.507 £2,055.19 |
| f) | Date of the transaction | 2025-11-21 | 2025-11-21 |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Bertrand Bodson | |
| 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 held directly or through a nominee. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) £4.538 |
Volume(s) 671 |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
671 £4.538 £3,045.00 |
|
| f) | Date of the transaction | 2025-11-21 | |
| 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 Dividend Reinvestment Plan held directly or through a nominee (DRIP) and through the Share Incentive Plan (SIP DRIP). | ||
| c) | Currency | GBP | ||
| d) | Price(s) and volume(s) | Price(s) £4.5301 £4.5301 £4.507 |
Volume(s) 58 (SIP DRIP) 9 (DRIP) 5,236 (DRIP) |
|
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
SIP DRIP 58 £4.5301 £262.75 |
DRIP 9 £4.5301 £40.77 |
DRIP 5,236 £4.507 £23,598.65 |
| f) | Date of the transaction | 2025-11-21 | 2025-11-21 | 2025-11-21 |
| 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 | UK CEO | |
| 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 Share Incentive Plan (SIP DRIP). | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) £4.5301 £4.5301 |
Volume(s) 40 (SIP DRIP) 3,123 (DRIP) |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
SIP DRIP 40 £4.5301 £181.20 |
DRIP 3,123 £4.5301 £14,147.50 |
| f) | Date of the transaction | 2025-11-21 | 2025-11-21 |
| 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 | Chief Communications and Sustainability 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. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) £4.5301 |
Volume(s) 980 |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
980 £4.5301 £4,439.50 |
|
| f) | Date of the transaction | 2025-11-21 | |
| 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 Share Incentive Plan (SIP DRIP). | ||
| c) | Currency | GBP | ||
| d) | Price(s) and volume(s) | Price(s) £4.5301 £4.5301 £4.507 |
Volume(s) 92 (SIP DRIP) 3,398 (DRIP) 3,081 (DRIP) |
|
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
SIP DRIP 92 £4.5301 £416.77 |
DRIP 3,398 £4.5301 £15,393.28 |
DRIP 3,081 £4.507 £13,886.07 |
| f) | Date of the transaction | 2025-11-21 | 2025-11-21 | 2025-11-21 |
| 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 Dividend Reinvestment Plan held through the Share Incentive Plan. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) £4.5301 |
Volume(s) 202 |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
202 £4.5301 £915.08 |
|
| f) | Date of the transaction | 2025-11-21 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Geoff Byrne | |
| 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 | The acquisition of shares through the Dividend Reinvestment Plan held directly or through a nominee. | |
| c) | Currency | GBP | |
| d) | Price(s) and volume(s) | Price(s) £4.507 £4.5301 |
Volume(s) 1,938 55 |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
1,938 £4.507 £8,734.57 |
55 £4.5301 £249.16 |
| f) | Date of the transaction | 2025-11-21 | 2025-11-21 |
| 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) £4.5301 |
Volume(s) 31 |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
31 £4.5301 £140.43 |
|
| f) | Date of the transaction | 2025-11-21 | |
| 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) £4.5301 |
Volume(s) 31 |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
31 £4.5301 £140.43 |
|
| f) | Date of the transaction | 2025-11-21 | |
| 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) £4.5301 |
Volume(s) 24 |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
24 £4.5301 £108.72 |
|
| f) | Date of the transaction | 2025-11-21 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Jonny McQuarrie | |
| 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 | 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) £4.5301 |
Volume(s) 6 |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
6 £4.5301 £27.18 |
|
| f) | Date of the transaction | 2025-11-21 | |
| 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 | UK CEO | |
| 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) £4.5301 |
Volume(s) 31 |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
31 £4.5301 £140.43 |
|
| f) | Date of the transaction | 2025-11-21 | |
| 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) £4.5301 |
Volume(s) 30 |
| e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
30 £4.5301 £135.90 |
|
| f) | Date of the transaction | 2025-11-21 | |
| g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
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