25 Jun 2019 16:32
Tesco PLC
Director/PDMR Shareholding
Â
25 June 2019
Tesco PLC (the "Company") announces that it has been notified of the following transactions in the Company's Ordinary shares of 5 pence each undertaken by Directors / Persons Discharging Managerial Responsibility ("PDMR").
1. 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 Dividend Reinvestment Plan ("DRIP") directly or through a nominee service as set out below:
Name of PDMR | Number of shares | Price per share | Date acquired |
Dave Lewis | 2,787 | £2.376 | 21 June 2019 |
Mikael Olsson | 347 | £2.376 | 21 June 2019 |
Alison Platt | 600 | £2.325 | 24 June 2019 |
Natasha Adams | 4,038 | £2.376 | 21 June 2019 |
Adrian Morris | 759 | £2.376 | 21 June 2019 |
Matthew Simister | 5,808 | £2.376 | 21 June 2019 |
Jason Tarry | 205 | £2.376 | 21 June 2019 |
Â
Â
2. Tesco PLC Share Incentive Plan (the "Plan")
On 21 June 2019, the Trustees of the Plan purchased Ordinary shares of 5 pence each in the Company under the Plan's Dividend Re-Investment scheme on behalf of the PDMRs as set out below:
Name of PDMR | Number of shares | Price per share | Date acquired |
Dave Lewis | 66 | £2.377 | 21 June 2019 |
Alan Stewart | 64 | £2.377 | 21 June 2019 |
Natasha Adams | 90 | £2.377 | 21 June 2019 |
Antony Hoggett | 262 | £2.377 | 21 June 2019 |
Alison Horner | 130 | £2.377 | 21 June 2019 |
Adrian Morris | 107 | £2.377 | 21 June 2019 |
Matthew Simister | 124 | £2.377 | 21 June 2019 |
Jason Tarry | 417 | £2.377 | 21 June 2019 |
Â
Â
Â
3. Director Shareholding
Â
The following Directors acquired a further interest in the Company's shares as a result of their participation in a third party Dividend Reinvestment Plan ("DRIP") as set out below:
Â
Name of PDMR | Number of shares | Price per share | Date acquired |
Alan Stewart | 1,695 | £2.39 | 21 June 2019 |
Stewart Gilliland | 443 | £2.376 | 21 June 2019 |
295* | £2.376 | 21 June 2019 |
Â
 * Shares held in the joint names of Stewart Gilliland and his wife, Michelle Gilliland.
Â
Â
The Notification of Dealing Form for each PDMR can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
Â
Â
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 | Dave Lewis | |
2 | Reason for the notification | ||
a) | Position/status | Group Chief Executive | |
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 | Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
c) | Currency | GBP | Â |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£2.376 | 2,787 (Dividend Reinvestment Plan) | ||
£2.377  | 66 (Share Incentive Plan) | ||
e) | Aggregated information  - Aggregated volume - Aggregated Price - Aggregated Total | Dividend Reinvestment Plan 2,787 £2.376 £6,621.91 | Share Incentive Plan  66 £2.377 £156.88 |
f) | Date of the transaction | 2019-06-21 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Â
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Mikael Olsson | |
2 | Reason for the notification | ||
a) | Position/status | Director (Non-executive 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 5 pence each   GB0008847096 | |
b) | Nature of the transaction | Acquisition of shares through the Company's Dividend Reinvestment Plan. | |
c) | Currency | GBP | Â |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£2.376 | 347 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |  347 £2.376 £824.47  | |
f) | Date of the transaction | 2019-06-21 | |
g) | Place of the transaction  | London Stock Exchange, Main Market (XLON)  |
Â
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Alison Platt | |
2 | Reason for the notification | ||
a) | Position/status | Director (Non-executive 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 5 pence each   GB0008847096 | |
b) | Nature of the transaction | Acquisition of shares through the Company's Dividend Reinvestment Plan. | |
c) | Currency | GBP | Â |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£2.325 | 600 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |  600 £2.325 £1,395.00  | |
f) | Date of the transaction | 2019-06-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 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 | Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
c) | Currency | GBP | Â |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£2.376 | 4,038 (Dividend Reinvestment Plan) | ||
£2.377 | 90 (Share Incentive Plan) | ||
e) | Aggregated information  - Aggregated volume - Aggregated Price - Aggregated Total | Dividend Reinvestment Plan 4,038 £2.376 £9,594.29 | Share Incentive Plan  90 £2.377 £213.93 |
f) | Date of the transaction | 2019-06-21 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Â
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 5 pence each   GB0008847096 | ||
b) | Nature of the transaction | Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. | ||
c) | Currency | GBP | Â | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) | |
£2.376 | 759 (Dividend Reinvestment Plan) | |||
£2.377 | 107 (Share Incentive Plan) | |||
e) | Aggregated information  - Aggregated volume - Aggregated Price - Aggregated Total | Dividend Reinvestment Plan 759 £2.376 £1,803.38  | Share Incentive Plan  107 £2.377 £254.34 | |
f) | Date of the transaction | 2019-06-21 | ||
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Matthew 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 | Acquisition of shares through the Company's Dividend Reinvestment Plan and the dividend re-investment element of the Tesco PLC Share Incentive Plan. | ||
c) | Currency | GBP | Â | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) | |
£2.376 | 5,808 (Dividend Reinvestment Plan) | |||
£2.377 | 124 (Share Incentive Plan) | |||
e) | Aggregated information  - Aggregated volume - Aggregated Price - Aggregated Total | Dividend Reinvestment Plan 5,808 £2.376 £13,799.81  | Share Incentive Plan  124 £2.377 £294.75 | |
f) | Date of the transaction | 2019-06-21 | ||
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||
 |  |  |  |  |
Â
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Jason Tarry | ||
2 | Reason for the notification | |||
a) | Position/status | UK & ROI 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 | Acquisition of shares through the Company's Dividend Reinvestment Plan, the dividend re-investment element of the Tesco PLC Share Incentive Plan and a third party Dividend Reinvestment Plan. | ||
c) | Currency | GBP | Â | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) | |
£2.376 | 205 (Company DRIP) | |||
£2.377 | 417 (Share Incentive Plan) | |||
e) | Aggregated information  - Aggregated volume - Aggregated Price - Aggregated Total | Company DRIP | Share Incentive Plan | |
205 £2.376 £487.08 | 417 £2.377 £991.21 | |||
f) | Date of the transaction | 2019-06-21 | 2019-06-21 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||
 |  |  |  |  |
Â
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Alan Stewart | |
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 5 pence each   GB0008847096 | |
b) | Nature of the transaction | Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan and a third party Dividend Reinvestment Plan. | |
c) | Currency | GBP | Â |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
 |  | £2.377 | 64 (Share Incentive Plan) |
 |  | £2.39 | 1,695 (Third party Dividend Reinvestment Plan) |
e) | Aggregated information  - Aggregated volume - Aggregated Price - Aggregated Total | Share Incentive Plan 64 £2.377 £152.13 | Third party Dividend Reinvestment Plan 1,695 £2.39 £4,051.05 |
f) | Date of the transaction | 2019-06-21 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Â
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Antony 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 | Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
c) | Currency | GBP | Â |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£2.377 | 262 (Share Incentive Plan) | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total | Share Incentive Plan 262 £2.377 £622.77  | |
f) | Date of the transaction | 2019-06-21 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Â
Â
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Alison Horner | |
2 | Reason for the notification | ||
a) | Position/status | CEO, Asia | |
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 | Acquisition of shares through the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
c) | Currency | GBP | Â |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£2.377 | 130 (Share Incentive Plan) | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total | Share Incentive Plan 130 £2.377 £309.01  | |
f) | Date of the transaction | 2019-06-21 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Â
Â
Â
Â
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Stewart Gilliland Michelle Gilliland (person closely associated with Stewart Gilliland) | ||
2 | Reason for the notification | |||
a) | Position/status | Non-executive 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 5 pence each  GB0008847096 | ||
b) | Nature of the transaction | Acquisition of shares through a third party Dividend Reinvestment Plan. | ||
c) | Currency | GBP | Â | |
d) | Price(s) and volume(s) | Â | Price(s) | Volume(s) |
Stewart Gilliland | £2.376 | 443 | ||
Stewart and Michelle Gilliland | £2.376 | 295 | ||
e) | Aggregated information  - Aggregated Volume - Aggregated Price - Aggregated Total | Stewart Gilliland  443 £2.376 £1,052.57 | Stewart and Michelle Gilliland 295 £2.376 £700.92 | |
f) | Date of the transaction | 2019-06-21 | ||
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
Â