Last checked at 20 May 2024 14:00
PDMR SHAREHOLDING
20 May 2024
Tesco PLC (the "Company")
Release of shares under the Tesco PLC Deferred Bonus Plan 2019 ("DBP")
On 17 May 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 17 May 2021 under the DBP:
Name of PDMR | No. of shares released | No. of shares withheld | No. of net shares |
Natasha Adams | 119,372 | 56,105 | 63,267 |
Guus Dekkers | 116,884 | 54,936 | 61,948 |
Christine Heffernan | 75,850 | 35,650 | 40,200 |
Ashwin Prasad | 84,487 | 39,709 | 44,778 |
Matt Simister | 128,077 | 60,197 | 67,880 |
Emma Taylor | 50,674 | 23,817 | 26,857 |
Andrew Yaxley | 132,238 | 62,152 | 70,086 |
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 310.90 pence per share.
Sale of Ordinary shares
The Company has been notified that on 17 May 2024, 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 | 63,267 | 308.51 | 17 May 2024 |
Guus Dekkers | 61,948 | 308.51 | 17 May 2024 |
Matt Simister | 67,880 | 308.51 | 17 May 2024 |
Andrew Yaxley | 70,086 | 308.51 | 17 May 2024 |
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 | 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 17 May 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.109 | Volume(s) 119,372 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
119,372 £3.109 £371,127.55 | |
f) | Date of the transaction | 2024-05-17 | |
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 17 May 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.109 | Volume(s) 116,884 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
116,884 £3.109 £363,392.36 | |
f) | Date of the transaction | 2024-05-17 | |
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 17 May 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.109 | Volume(s) 75,850 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
75,850 £3.109 £235,817.65 | |
f) | Date of the transaction | 2024-05-17 | |
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 17 May 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.109 | Volume(s) 84,487 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
84,487 £3.109 £262,670.08 | |
f) | Date of the transaction | 2024-05-17 | |
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 17 May 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.109 | Volume(s) 128,077 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
128,077 £3.109 £398,191.39 | |
f) | Date of the transaction | 2024-05-17 | |
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 17 May 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.109 | Volume(s) 50,674 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
50,674 £3.109 £157,545.47 | |
f) | Date of the transaction | 2024-05-17 | |
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 17 May 2021 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.109 | Volume(s) 132.238 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
132,238 £3.109 £411,127.94 | |
f) | Date of the transaction | 2024-05-17 | |
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) £3.0851 | Volume(s) 63,267 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
63,267 £3.0851 £195,185.02 | |
f) | Date of the transaction | 2024-05-17 | |
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) £3.0851 | Volume(s) 61,948 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
61,948 £3.0851 £191,115.77 | |
f) | Date of the transaction | 2024-05-17 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Matt Simister | |
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 | Sale of Ordinary shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £3.0851 | Volume(s) 67,880 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
67,880 £3.0851 £209,416.59 | |
f) | Date of the transaction | 2024-05-17 | |
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) £3.0851 | Volume(s) 70,086 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
70,086 £3.0851 £216,222.32 | |
f) | Date of the transaction | 2024-05-17 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |