Last checked at 6 Feb 2018 11:33
TESCO PLC PERFORMANCE SHARE PLAN 2011
PDMR SHAREHOLDING
6 February 2018
Tesco PLC (the "Company")
On 1 February 2018, Alessandra Bellini, a member of the Company's Executive Committee, received 98,057 Ordinary shares of 5 pence each in the Company upon their release from an award granted under the rules of the Tesco PLC Performance Share Plan 2011 on 13 April 2017.
This represents 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 Alessandra.
The share price on release was 206.3 pence per share.
The Notification of Dealing Form 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 | Alessandra Bellini | |
2 | Reason for the notification | ||
a) | Position/status | Chief Customer 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 awarded under the rules of the Tesco PLC Performance Share Plan 2011 | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £2.063 | Volume(s) 98,057 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
98,057
£2.063
£202,291.59 | |
f) | Date of the transaction | 2018-02-01 | |
g) | Place of the transaction | Outside a trading venue | |