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 6⅓ 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 6⅓ 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 6⅓ 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 6⅓ 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) | ||
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