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PDMR SHAREHOLDING
25 July 2024
Tesco PLC (the "Company")
CORRECTION DIRECTOR/PDMR SHAREHOLDING
The Company announces a correction to the 'Director/PDMR Shareholding' announcement released on 26 June 2024 under RNS Number 0088U (the "Announcement"). The number of shares granted to Ashwin Prasad over Ordinary Shares 6 1/3 pence each in the Company under the LTIP was incorrect. The Announcement stated that number of shares granted was 474,006 but the correct number of shares granted was 510,468. All other details were correct. The full amended text is shown below.
Grant of Awards under the Tesco PLC Long-Term Incentive Plan 2021 (the "LTIP")
On 24 June 2024, the Executive Directors and members of the Company's Executive Committee listed below were granted awards over Ordinary Shares of 6 1/3 pence each in the Company under the LTIP.
Name of PDMR | No. of shares subject to award |
Ken Murphy | 1,305,247 |
Imran Nawaz | 713,035 |
Natasha Adams | 414,053 |
Matthew Barnes | 528,699 |
Guus Dekkers | 414,016 |
Christine Heffernan | 306,281 |
Gerry Mallon | 232,053 |
Ashwin Prasad | 510,468 |
Matt Simister | 413,904 |
Emma Taylor | 379,205 |
Andrew Yaxley | 478,612 |
The above awards have been made in the form of conditional shares which will vest on 24 June 2027 subject to the achievement of the Earnings Per Share, Free Cash Flow and ESG performance targets over the performance period, as outlined in the Directors' Remuneration Report of the Tesco PLC Annual Report and Financial Statements 2024.
For the awards to Ken Murphy and Imran Nawaz, the vested shares will be subject to a post-vesting holding period of two years from the vesting date.
Except for the award to Gerry Mallon, the numbers of shares have been calculated using a market price of 308.54 pence per share. For any dividends paid in the period between the grant and release of conditional shares, the number of shares in each case will be increased to reflect the dividends that would have accrued had they been reinvested in shares.
For CRDV banking regulatory purposes, the number of shares awarded to Gerry Mallon will not be increased to reflect any dividends paid to shareholders in the period between the grant and release of conditional shares. However, a discount has been applied to the market price of 308.54 pence per share when calculating the number of shares under Gerry's award to reflect the absence of dividend equivalents during the vesting period.
Sale of Ordinary shares
Tesco PLC (the "Company") has been notified that on 24 June 2024, the following members of the Company's Executive Committee sold Ordinary shares of 6⅓ pence each in the Company as set out below:
Name of PDMR | Number of Ordinary shares sold | Price per Ordinary share | Date of sale |
Andrew Yaxley | 138,198 | £3.081070 | 24 June 2024 |
Adrian Morris | 236,452 | £3.085000 | 24 June 2024 |
Release of shares from the Tesco PLC Long-Term Incentive Plan 2021 (the "LTIP")
On 25 June 2024, 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 25 June 2021 under the rules of the LTIP:
Name of PDMR | No. of shares released | No. of shares withheld | No. of net shares |
Ken Murphy | 1,745,632 | 820,448 | 925,184 |
Imran Nawaz | 829,711 | 389,965 | 439,746 |
Natasha Adams | 475,973 | 223,708 | 252,265 |
Guus Dekkers | 501,381 | 235,650 | 265,731 |
Christine Heffernan | 320,028 | 150,414 | 169,614 |
Gerry Mallon | 462,660 | 231,330 | 231,330 |
Ashwin Prasad | 436,405 | 205,111 | 231,294 |
Matt Simister | 499,442 | 234,738 | 264,704 |
Emma Taylor | 179,172 | 84,211 | 94,961 |
Andrew Yaxley | 533,386 | 250,692 | 282,694 |
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. The net shares have been transferred to the PDMRs and are subject to a post-vesting holding period until 25 June 2026.
The share price on release was 307.60 pence per share.
The Notification of Dealing Forms can be found below. This announcement is made in accordance with the UK Market Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
For enquiries, please contact:
Robert Welch, Company Secretary
Tesco PLC
Tesco House
Shire Park
Kestrel Way
Welwyn Garden City
Hertfordshire
AL7 1GA
Tel: 07793 222569
LEI Number: 2138002P5RNKC5W2JZ46
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Ken Murphy | |
2 | Reason for the notification | ||
a) | Position/status | Group Chief Executive Officer | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Tesco PLC | |
b) | Legal Entity Identifier | 2138002P5RNKC5W2JZ46 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 6 1/3 pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0854 | Volume(s) 1,305,247 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
1,305,247 £3.0854 £4,027,209.09 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Imran Nawaz | |
2 | Reason for the notification | ||
a) | Position/status | Chief Financial Officer | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Tesco PLC | |
b) | Legal Entity Identifier | 2138002P5RNKC5W2JZ46 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 6 1/3 pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0854 | Volume(s) 713,035 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
713,035 £3.0854 £2,199,998.19 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Natasha Adams | |
2 | Reason for the notification | ||
a) | Position/status | CEO, 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 Long-Term Incentive Plan 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0854 | Volume(s) 414,053 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
414,053 £3.0854 £1,277,519.13 | |
f) | Date of the transaction | 2024-06-24 | |
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 Long-Term Incentive Plan 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0854 | Volume(s) 528,699 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
528,699 £3.0854 £1,631,247.89 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Guus Dekkers | |
2 | Reason for the notification | ||
a) | Position/status | Chief Technology Officer | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Tesco PLC | |
b) | Legal Entity Identifier | 2138002P5RNKC5W2JZ46 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 6 1/3 pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0854 | Volume(s) 414,016 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
414,016 £3.0854 £1,277,404.97 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Christine Heffernan | |
2 | Reason for the notification | ||
a) | Position/status | Group Communications Director | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Tesco PLC | |
b) | Legal Entity Identifier | 2138002P5RNKC5W2JZ46 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 6 1/3 pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0854 | Volume(s) 306,281 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
306,281 £3.0854 £944,999.40 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Gerry Mallon | |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive, Tesco Bank | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Tesco PLC | |
b) | Legal Entity Identifier | 2138002P5RNKC5W2JZ46 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 6 1/3 pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0854 | Volume(s) 232,053 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
232,052 £3.0854 £715,976.33 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Ashwin Prasad | |
2 | Reason for the notification | ||
a) | Position/status | Chief 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 Long-Term Incentive Plan 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0854 | Volume(s) 510,468 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
510,468 £3.0854 £1,574,997.97 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Matt Simister | |
2 | Reason for the notification | ||
a) | Position/status | CEO, Central Europe | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Tesco PLC | |
b) | Legal Entity Identifier | 2138002P5RNKC5W2JZ46 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 6 1/3 pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0854 | Volume(s) 413,904 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
413,904 £3.0854 £1,277,059.40 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Emma Taylor | |
2 | Reason for the notification | ||
a) | Position/status | Chief People Officer | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Tesco PLC | |
b) | Legal Entity Identifier | 2138002P5RNKC5W2JZ46 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 6 1/3 pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0854 | Volume(s) 379,205 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
379,205 £3.0854 £1,169,999.11 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Andrew Yaxley | |
2 | Reason for the notification | ||
a) | Position/status | CEO, Booker | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Tesco PLC | |
b) | Legal Entity Identifier | 2138002P5RNKC5W2JZ46 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 6 1/3 pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Grant of conditional shares under the rules of the Tesco PLC Long-Term Incentive Plan 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0854 | Volume(s) 478,612 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
478,612 £3.0854 £1,476,709.46 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Adrian Morris | |
2 | Reason for the notification | ||
a) | Position/status | Group General Counsel | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Tesco PLC | |
b) | Legal Entity Identifier | 2138002P5RNKC5W2JZ46 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 6⅓ pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Sale of Ordinary shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.085000 | Volume(s) 236,452 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
236,452 £3.085000 £729,454.42 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 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 6⅓ pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Sale of Ordinary shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.081070 | Volume(s) 138,198 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
138,198 £3.081070 £425,797.71 | |
f) | Date of the transaction | 2024-06-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 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 Long-Term Incentive Plan 2021 on 25 June 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.076 | Volume(s) 1,745,632 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
1,745,632 £3.076 £5,369,564.03 | |
f) | Date of the transaction | 2024-06-25 | |
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 Long-Term Incentive Plan 2021 on 25 June 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.076 | Volume(s) 829,711 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
829,711 £3.076 £2,552,191.04 | |
f) | Date of the transaction | 2024-06-25 | |
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 Long-Term Incentive Plan 2021 on 25 June 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.076 | Volume(s) 475,973 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
475,973 £3.076 £1,464,092.95 | |
f) | Date of the transaction | 2024-06-25 | |
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 Long-Term Incentive Plan 2021 on 25 June 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.076 | Volume(s) 501,381 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
501,381 £3.076 £1,542,247.96 | |
f) | Date of the transaction | 2024-06-25 | |
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 Long-Term Incentive Plan 2021 on 25 June 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.076 | Volume(s) 320,028 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
320,028 £3.076 £984,406.13 | |
f) | Date of the transaction | 2024-06-25 | |
g) | Place of the transaction | Outside a trading venue |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Gerry Mallon | |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive, Tesco Bank | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Tesco PLC | |
b) | Legal Entity Identifier | 2138002P5RNKC5W2JZ46 | |
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 6 1/3 pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Release of shares from awards granted under the rules of the Tesco PLC Long-Term Incentive Plan 2021 on 25 June 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.076 | Volume(s) 462,660 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
462,660 £3.076 £1,423,142.16 | |
f) | Date of the transaction | 2024-06-25 | |
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 Long-Term Incentive Plan 2021 on 25 June 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.076 | Volume(s) 436,405 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
436,405 £3.076 £1,342,381.78 | |
f) | Date of the transaction | 2024-06-25 | |
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 Long-Term Incentive Plan 2021 on 25 June 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.076 | Volume(s) 499,442 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
499,442 £3.076 £1,536,283.59 | |
f) | Date of the transaction | 2024-06-25 | |
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 Long-Term Incentive Plan 2021 on 25 June 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.076 | Volume(s) 179,172 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
179,172 £3.076 £551,133.07 | |
f) | Date of the transaction | 2024-06-25 | |
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 Long-Term Incentive Plan 2021 on 25 June 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.076 | Volume(s) 533,386 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
533,386 £3.076 £1,640,695.34 | |
f) | Date of the transaction | 2024-06-25 | |
g) | Place of the transaction | Outside a trading venue |
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