27th Nov 2017 11:55
Director/PDMR Shareholding
27 November 2017
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")
On 24 November 2017, 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.
Name of PDMR | Number of shares | Price per share | Date acquired |
Mikael Olsson | 101 | £1.9428 | 24 November 2017 |
Dave Lewis | 509 | £1.9428 | 24 November 2017 |
Bernard Higgins | 117 | £1.9428 | 24 November 2017 |
Adrian Morris | 223 | £1.9428 | 24 November 2017 |
Matthew Simister | 293 | £1.9428 | 24 November 2017 |
Jason Tarry | 236 | £1.9428 | 24 November 2017 |
2. Tesco PLC Share Incentive Plan (the "Plan")
On 24 November 2017, 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 | 13 | £1.9428 | 24 November 2017 |
Alan Stewart | 12 | £1.9428 | 24 November 2017 |
Bernard Higgins | 30 | £1.9428 | 24 November 2017 |
Antony Hoggett | 74 | £1.9428 | 24 November 2017 |
Alison Horner | 37 | £1.9428 | 24 November 2017 |
Adrian Morris | 26 | £1.9428 | 24 November 2017 |
Matthew Simister | 36 | £1.9428 | 24 November 2017 |
Jason Tarry | 116 | £1.9428 | 24 November 2017 |
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.
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 | 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 | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£1.9428 | 101 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
101 £1.9428 £196.22 | |
f) | Date of the transaction | 2017-11-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 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 | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£1.9428 | 509 (Dividend Reinvestment Plan) | ||
£1.9428 | 13 (Share Incentive Plan) | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total | Dividend Reinvestment Plan 509 £1.9428 £988.89
| Share Incentive Plan 13 £1.9428 £25.26 |
f) | Date of the transaction | 2017-11-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 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 scheme of the Tesco PLC Share Incentive Plan. | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£1.9428 | 12 (Share Incentive Plan) | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total |
Share Incentive Plan 12 £1.9428 £23.31 | |
f) | Date of the transaction | 2017-11-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Bernard Higgins | |
2 | Reason for the notification | ||
a) | Position/status | CEO, Tesco Bank and Group Strategy 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 and the dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£1.9428 | 117 (Dividend Reinvestment Plan) | ||
£1.9428 | 30 (Share Incentive Plan) | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total | Dividend Reinvestment Plan 117 £1.9428 £227.31
| Share Incentive Plan 30 £1.9428 £58.28 |
f) | Date of the transaction | 2017-11-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 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 | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£1.9428 | 223 (Dividend Reinvestment Plan) | ||
£1.9428 | 26 (Share Incentive Plan) | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total | Dividend Reinvestment Plan 223 £1.9428 £433.24
| Share Incentive Plan 26 £1.9428 £50.51 |
f) | Date of the transaction | 2017-11-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | 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 | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£1.9428 | 293 (Dividend Reinvestment Plan) | ||
£1.9428 | 36 (Share Incentive Plan) | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total | Dividend Reinvestment Plan 293 £1.9428 £569.24
| Share Incentive Plan 36 £1.9428 £69.94 |
f) | Date of the transaction | 2017-11-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Jason Tarry | |
2 | Reason for the notification | ||
a) | Position/status | Chief Product 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 | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£1.9428 | 236 (Dividend Reinvestment Plan) | ||
£1.9428 | 116 (Share Incentive Plan) | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total | Dividend Reinvestment Plan 236 £1.9428 £458.50
| Share Incentive Plan 116 £1.9428 £225.36 |
f) | Date of the transaction | 2017-11-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Antony Hoggett | |
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 | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£1.9428 | 74 (Share Incentive Plan) | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total | Share Incentive Plan 74 £1.9428 £143.77 | |
f) | Date of the transaction | 2017-11-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Alison Horner | |
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 dividend re-investment element of the Tesco PLC Share Incentive Plan. | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£1.9428 | 37 (Share Incentive Plan) | ||
e) | Aggregated information - Aggregated volume - Aggregated Price - Aggregated Total | Share Incentive Plan 37 £1.9428 £71.88 | |
f) | Date of the transaction | 2017-11-24 | |
g) | Place of the transaction | London Stock Exchange, Main Market (XLON) | |
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Tesco