TSCO.L

Tesco Plc
Tesco PLC - Director/PDMR Shareholding
1st November 2024, 11:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 6272K
Tesco PLC
01 November 2024
 

PDMR SHAREHOLDING

1 November 2024

 

Tesco PLC (the "Company")

 

 

Release of shares from the Tesco PLC Long-Term Incentive Plan 2015 (the "LTIP")

On 31 October 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 29 July 2021 under the rules of the LTIP:

 

Name of PDMR

No. of shares released

No. of shares withheld

No. of net shares

Natasha Adams

482,878

226,953

255,925

Guus Dekkers

508,654

239,068

269,586

Christine Heffernan

324,671

152,596

172,075

Ashwin Prasad

442,737

208,087

234,650

Matt Simister

506,687

238,143

268,544

Andrew Yaxley

541,121

254,327

286,794

 

Release of shares from the Tesco PLC Long-Term Incentive Plan 2021 (the "LTIP")

On 31 October 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 1 November 2021 under the rules of the LTIP:

 

Name of PDMR

No. of shares released

No. of shares withheld

No. of net shares

Kay Majid

73,957

34,760

39,197

Emma Taylor

115,630

54,347

61,283

 

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.  The net shares have been transferred to the PDMRs.

 

The share price on release was 342.20 pence per share.

 

Sale of Ordinary shares

Tesco PLC (the "Company") has been notified that on 31 October 2024, the following members of the Company's Executive Committee sold Ordinary shares of 6⅓ pence each in the Company as set out below:

 

Name of PDMR

Number of Ordinary shares sold

Price per Ordinary share

Date of sale

Natasha Adams

255,925

£3.404  

31 October 2024

Guus Dekkers

269,586

£3.404  

31 October 2024

Christine Heffernan

172,075

£3.404  

31 October 2024

Kay Majid

39,197

£3.404  

31 October 2024

Matt Simister

268,544

£3.404  

31 October 2024

Andrew Yaxley

286,794

£3.404  

31 October 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 Long-Term Incentive Plan 2015 on 29 July 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.422

Volume(s)

482,878

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

482,878

£3.422

£1,652,408.52

f)

Date of the transaction

2024-10-31

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)

£3.404

Volume(s)

255,925

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

255,925

£3.404

£871,168.70

f)

Date of the transaction

2024-10-31

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

Release of shares from awards granted under the rules of the Tesco PLC Long-Term Incentive Plan 2015 on 29 July 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.422

Volume(s)

508,654

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

508,654

£3.422

£1,740,613.99

f)

Date of the transaction

2024-10-31

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

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.404

Volume(s)

269,586

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

269,586

£3.404

£917,670.74

f)

Date of the transaction

2024-10-31

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)



 

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 Long-Term Incentive Plan 2015 on 29 July 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.422

Volume(s)

324,671

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

324,671

£3.422

£1,111,024.16

f)

Date of the transaction

2024-10-31

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

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.404

Volume(s)

172,075

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

172,075

£3.404

£585,743.30

f)

Date of the transaction

2024-10-31

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)



 

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 Long-Term Incentive Plan 2015 on 29 July 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.422

Volume(s)

442,737

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

442,737

£3.422

£1,515,046.01

f)

Date of the transaction

2024-10-31

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 Long-Term Incentive Plan 2015 on 29 July 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.422

Volume(s)

506,687

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

506,687

£3.422

£1,733,882.91

f)

Date of the transaction

2024-10-31

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

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.404

Volume(s)

268,544

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

268,544

£3.404

£914,123.78

f)

Date of the transaction

2024-10-31

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

Release of shares from awards granted under the rules of the Tesco PLC Long-Term Incentive Plan 2015 on 29 July 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.422

Volume(s)

541,121

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

541,121

£3.422

£1,851,716.06

f)

Date of the transaction

2024-10-31

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

Sale of Ordinary shares

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.404

Volume(s)

286,794

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

286,794

£3.404

£976,246.78

f)

Date of the transaction

2024-10-31

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kay Majid

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 6 1/3 pence each

 

 

GB00BLGZ9862

b)

Nature of the transaction

Release of shares from awards granted under the rules of the Tesco PLC Long-Term Incentive Plan 2021 on 1 November 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.422

Volume(s)

73,957

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

73,957

£3.422

£253,080.85

f)

Date of the transaction

2024-10-31

g)

Place of the transaction

Outside a trading venue



 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kay Majid

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 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)

£3.404

Volume(s)

39,197

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

39,197

£3.404

£133,426.59

f)

Date of the transaction

2024-10-31

g)

Place of the transaction

London Stock Exchange, Main Market (XLON)



 

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 Long-Term Incentive Plan 2021 on 1 November 2021

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£3.422

Volume(s)

115,630

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

115,630

£3.422

£395,685.86

f)

Date of the transaction

2024-10-31

g)

Place of the transaction

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHBFLFBZFLBFBB]]>
TwitterFacebookLinkedIn