11th Dec 2023 17:55
PDMR SHAREHOLDINGS
11 December 2023
TESCO PLC (the "Company")
1. Grant of Options under the Tesco PLC Savings-Related Share Option Scheme (2021)
On 11 December 2023, the persons listed below were granted options over Ordinary shares of 6? pence each in the Company under the Company's Savings-Related Share Option Scheme (2021) at an option price of 220.00 pence per share.
Name of PDMR | Number of shares under Option | Option price per share | Date of grant |
Christine Heffernan | 8,431 | £2.20 | 11 December 2023 |
The Company's Savings-Related Share Option Scheme (2021) is a UK all employee share scheme.
2. Sale of Ordinary Shares
The Company has been notified that the following member of the Company's Executive Committee sold Ordinary shares of 6? pence each in the Company as set out below:
Name | Number of Ordinary shares sold | Price per Ordinary share | Date of sale |
Matt Simister | 8,259 | £2.879491 | 08 December 2023 |
6,125 | £2.876849 | 08 December 2023 | |
2,211* | £2.878980 | 08 December 2023 |
* Shares held by Matt Simister's wife; a person closely associated.
The Notification of Dealing Forms can be found below. This announcement is made in accordance with Article 19 of the Market Abuse 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 | 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? pence each
GB00BLGZ9862 | |
b) | Nature of the transaction | Grant of share options under the rules of the Tesco PLC Savings-Related Share Option Scheme (2021) | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) £2.20 | Volume(s) 8,431 |
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
8,431
£2.20
£18,548.20 | |
f) | Date of the transaction | 2023-12-11 | |
g) | Place of the transaction | Outside a trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) | Name | Matt Simister Karen Simister (a person closely associated with 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? pence each
GB00BLGZ9862 | ||
b) | Nature of the transaction | Sale of Ordinary shares | ||
c) | Currency | GBP | ||
d) | Price(s) and volume(s) | Price(s) £2.879491 £2.876849 £2.878980 | Volume(s) 8,259 6,125 2,211 | |
e) |
Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total | Matt Simister
8,259 £2.879491 £23,781.72 | Matt Simister
6,125 £2.876849 £17,620.70 | Karen Simister
2,211 £2.878980 £6,365.42 |
f) | Date of the transaction | 2023-12-08 | ||
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||
Related Shares:
Tesco