Source - RNS
RNS Number : 6049I
Tesco PLC
20 June 2017
 

TESCO PLC PERFORMANCE SHARE PLAN 2011

PDMR SHAREHOLDING

20 June 2017

Tesco PLC (the "Company")

 

On 19 June 2017, Matthew Simister and Jason Tarry, members of the Company's Executive Committee, received the following Ordinary shares of 5 pence each in Tesco PLC upon their release from awards granted under the rules of the Tesco PLC Performance Share Plan 2011 on 6 May 2014:

 

Name of PDMR

Number of shares

Matthew Simister

16,167

Jason Tarry

43,881

 

These represent 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 the PDMRs.

 

The share price on release was 171.05 pence per share.

 

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. 

 

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

 

 

 



 

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

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan 

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£1.7105

Volume(s)

16,167

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

16,167

£1.7105

 

£27,653.65

f)

Date of the transaction

2017-06-19

g)

Place of the transaction

Outside a trading venue

 

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

Purchase of shares by the Trustees under the Partnership Share Scheme of the Company's Share Incentive Plan 

c)

Currency

GBP


d)

Price(s) and volume(s)

Price(s)

£1.7105

Volume(s)

43,881

e)

Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total

 

43,881

£1.7105

 

£75,058.45

f)

Date of the transaction

2017-06-19

g)

Place of the transaction

Outside a trading venue

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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