TSCO Tesco Plc

TIDMTSCO

RNS Number : 2547R

Tesco PLC

04 July 2022

PDMR SHAREHOLDING

4 July 2022

Tesco PLC (the "Company")

   1.             Release of shares under the Tesco PLC Performance Share Plan 2011 

On 30 June 2022, Gerry Mallon, a member of the Company's Executive Committee, received 16,728 Ordinary shares of 6 1/3 pence each in the Company upon their release from a share award granted under the rules of the Tesco PLC Performance Share Plan 2011 on 13 August 2018.

This represents the gross number of shares released including dividend equivalent shares which have accrued between grant and vesting. Of those shares released, 8,239 shares have been withheld to cover Income Tax and National Insurance Contributions due on release. T he net shares have been transferred to Gerry and are subject to a post-vesting holding period of six months.

The share price on release was 255.5 pence per share.

   2.            Dividend Reinvestment Plan ("DRIP") 

The Company has been notified that the following PDMR acquired a further interest in the Company's shares as a result of their participation in the Company's DRIP directly or through a nominee service as set out below:

 
 Name of PDMR      Number of shares   Price per share   Date acquired 
 Bertrand Bodson        1,310           GBP2.56061      27 June 2022 
                  -----------------  ----------------  -------------- 
 
   3.             Sale of Ordinary Shares of 61/3 pence 

The Company has been notified that the following member of the Company's Executive Committee sold Ordinary shares of 61/3 pence each in the Company as set out below:

 
 Name of PDMR         Number of shares   Price per share   Date of sale 
 Alessandra Bellini       321,426           GBP2.574       4 July 2022 
                     -----------------  ----------------  ------------- 
 

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                                  Gerry Mallon 
 2    Reason for the notification 
 a)   Position/status                       Chief Executive, Tesco Bank 
     ==================================== 
 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          Ordinary shares of 6 1/3 pence each 
      instrument, type of instrument 
 
      Identification code                    GB00BLGZ9862 
 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)                              Volume(s) 
                                             GBP2.555                              16,728 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    16,728 
       - Aggregated Price 
       - Aggregated Total                     GBP2.555 
 
                                              GBP42,740.04 
 f)   Date of the transaction               2022-06-30 
     ==================================== 
 g)   Place of the transaction              Outside a trading venue 
     ------------------------------------  =========================================================================== 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                   Bertrand Bodson 
 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           Ordinary shares of 6 1/3 pence each 
      instrument, type of instrument 
 
      Identification code                     GB00BLGZ9862 
 b)   Nature of the transaction              The acquisition of shares through the Company's Dividend Reinvestment 
                                             Plan. 
     ------------------------------------- 
 c)   Currency                               GBP 
     -------------------------------------  --------------------------------------  ---------------------------------- 
 d)   Price(s) and volume(s)                 Price(s)                                Volume(s) 
                                              GBP2.56061                              1,310 
---  -------------------------------------  --------------------------------------  ---------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                     1,310 
       - Aggregated Price 
       - Aggregated Total                      GBP2.56061 
 
                                               GBP3,354.40 
 f)   Date of the transaction                2022-06-27 
     ===================================== 
 g)   Place of the transaction               London Stock Exchange, Main Market (XLON) 
     ------------------------------------- 
 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           Ordinary shares of 6 1/3 pence each 
      instrument, type of instrument 
 
      Identification code                     GB00BLGZ9862 
 b)   Nature of the transaction              Sale of Ordinary shares 
     ------------------------------------- 
 c)   Currency                               GBP 
     -------------------------------------  --------------------------------------  ---------------------------------- 
 d)   Price(s) and volume(s)                 Price(s)                                Volume(s) 
                                              GBP2.574                                321,426 
---  -------------------------------------  --------------------------------------  ---------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                     321,426 
       - Aggregated Price 
       - Aggregated Total                      GBP2.574 
 
                                               GBP827,350.52 
 f)   Date of the transaction                2022-07-04 
     ===================================== 
 g)   Place of the transaction               London Stock Exchange, Main Market (XLON) 
     -------------------------------------  ========================================================================== 
 

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July 04, 2022 11:00 ET (15:00 GMT)