6 Feb 2018 11:33
TESCO PLC PERFORMANCE SHARE PLAN 2011
PDMR SHAREHOLDING
6 February 2018
Tesco PLC (the "Company")
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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.
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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.
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The share price on release was 206.3 pence per share.
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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.
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For enquiries, please contact:
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Robert Welch, Company Secretary
Tesco PLC
Tesco House
Shire Park
Kestrel Way
Welwyn Garden City
Hertfordshire
AL7 1GA
Tel: 07793 222569
LEI Number: 2138002P5RNKC5W2JZ46
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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 | |
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Tesco (TSCO)