Last checked at 19 Jun 2018 11:15
TESCO PLC GROUP BONUS PLAN
PDMR SHAREHOLDING
19 June 2018
Tesco PLC (the "Company")
Release of deferred share awards
On 18 June 2018, the members of the Company's Executive Committee listed below received the following Ordinary shares of 5 pence each in the Company upon their release from awards granted under the rules of the Tesco PLC Group Bonus Plan on 27 May 2015:
Name of PDMR | Number of shares |
Natasha Adams | 12,217 |
Tony Hoggett | 41,121 |
Matt Simister | 17,623 |
These represent the gross number of shares released including dividend equivalent shares which have accrued between grant and vesting. A proportion of the shares released 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 256.3 pence per share.
The Notification of Dealing Forms can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
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 | Natasha Adams | |
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 5 pence each
GB0008847096 | |
b) | Nature of the transaction | Release of shares from an award granted under the rules of the Tesco PLC Group Bonus Plan on 27 May 2015. | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £2.563 | Volume(s) 12,217 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
12,217 £2.563 £31,312.17 | |
f) | Date of the transaction | 2018-06-18 | |
g) | Place of the transaction | Outside a trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Tony Hoggett | |
2 | Reason for the notification | ||
a) | Position/status | Chief Operations 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 5 pence each
GB0008847096 | |
b) | Nature of the transaction | Release of shares from an award granted under the rules of the Tesco PLC Group Bonus Plan on 27 May 2015. | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £2.563 | Volume(s) 41,121 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
41,121 £2.563 £105,393.10 | |
f) | Date of the transaction | 2018-06-18 | |
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 | Central Europe 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 5 pence each
GB0008847096 | |
b) | Nature of the transaction | Release of shares from an award granted under the rules of the Tesco PLC Group Bonus Plan on 27 May 2015. | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £2.563 | Volume(s) 17,623 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
17,623 £2.563 £45,167.75 | |
f) | Date of the transaction | 2018-06-18 | |
g) | Place of the transaction | Outside a trading venue | |