TIDMTSCO

RNS Number : 4169S

Tesco PLC

15 November 2021

PDMR SHAREHOLDING

15 November 2021

Tesco PLC (the "Company")

Exercise of nil-cost options under the Tesco PLC Performance Share Plan 2011 (the "PSP") and Tesco PLC Group Bonus Plan (the "GBP")

On 12 November, Matthew Simister, a member of the Company's Executive Committee, exercised nil-cost options over 290,708 Ordinary Shares of 6 1/3 pence each in the Company from awards granted under the rules of the PSP and GBP as set out below:

 
 Shares    Grant Date    No. of shares 
  Plan                    under option 
 PSP       11/05/2017       138,210 
          ------------  -------------- 
 GBP       11/05/2017       152,498 
          ------------  -------------- 
 Total                      290,708 
                        -------------- 
 

This represents the gross number of shares exercised. A proportion of the shares exercised have been retained to cover Income Tax and National Insurance Contributions due on exercise and the net shares were sold on exercise as detailed below.

The share price on exercise was 285.00 pence per share.

Sale of Ordinary shares

The Company has been notified that Matthew Simister, a member of the Company's Executive Committee, sold 154,074 Ordinary shares of 6 1/3 pence each in the Company as set out below:

 
 Source of shares          No. of shares   Sale price    Date of sale 
                                sold        (pence per 
                                              share) 
 Net shares from option                                  12 November 
  exercises                   154,074        284.65          2021 
                          --------------  ------------  ------------- 
 

The Notification of Dealing Forms 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                                  Matthew 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          Ordinary shares of 6 1/3 pence each 
      instrument, type of instrument 
 
      Identification code                    GB00BLGZ9862 
 b)   Nature of the transaction             Exercise of nil-cost options under the rules of the Tesco PLC Performance 
                                            Share Plan 2011 
                                            and Tesco PLC Group Bonus Plan 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP2.85                               290,708 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated Volume                    290,708 
       - Aggregated Price                     GBP2.85 
       - Aggregated Total                     GBP828,517.80 
 f)   Date of the transaction               2021-11-12 
     ==================================== 
 g)   Place of the transaction              Outside a trading venue 
     ------------------------------------  =========================================================================== 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                       Matthew 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                               Ordinary shares of 6 1/3 pence 
       instrument, type of instrument                             each 
 
       Identification code 
                                                                  GB00BLGZ9862 
 b)   Nature of the transaction                                  Sale of Ordinary shares 
     --------------------------------------------------------- 
 c)   Currency                                                   GBP 
     ---------------------------------------------------------  -------------------  ----------------- 
 d)   Price(s) and volume(s)                                     Price(s)             Volume(s) 
                                                                  GBP2.8465            154,074 
---  ---------------------------------------------------------  -------------------  ----------------- 
 e)   Aggregated information 
       - Aggregated Volume                                         154,074 
       - Aggregated Price                                          GBP2.8465 
       - Aggregated Total                                          GBP438,571.64 
 f)   Date of the transaction                                    2021-11-12 
     ========================================================= 
 g)   Place of the transaction                                   London Stock Exchange, Main Market 
                                                                  (XLON) 
     ---------------------------------------------------------  ====================================== 
 

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November 15, 2021 09:00 ET (14:00 GMT)

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