Tesco PLC Director/PDMR Shareholding (3048A)
20 Enero 2020 - 5:00AM
UK Regulatory
TIDMTSCO
RNS Number : 3048A
Tesco PLC
20 January 2020
PDMR SHAREHOLDING
20 January 2020
Tesco PLC (the "Company")
Grant of Awards under the Tesco PLC Performance Share Plan 2011
(the "PSP")
On 16 January 2020, Gerry Mallon, a member of the Company's
Executive Committee, was granted an award over 270,216 Ordinary
Shares of 5 pence each in the Company under the rules of PSP, the
number of shares being calculated using a market price of 249.80
pence per share.
The award has been made in the form of conditional shares which
will vest on 9 October 2021 subject to the achievement of
performance conditions over the vesting period.
For any dividends paid in the period between the grant and
vesting of the conditional shares, the number of shares will be
increased to reflect the dividends that would have accrued had they
been reinvested in shares.
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
LEI Number: 2138002P5RNKC5W2JZ46
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Gerry Mallon
2 Reason for the notification
a) Position/status Chief Executive, Tesco Bank
====================================
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 5 pence each
instrument, type of instrument
Identification code GB0008847096
b) Nature of the transaction Grant of conditional shares under the rules of the Tesco PLC Performance
Share Plan 2011
------------------------------------
c) Currency GBP
------------------------------------ ------------------------------------ -------------------------------------
d) Price(s) and volume(s) Price(s) Volume(s)
GBP2.498 270,216
--- ------------------------------------ ------------------------------------ -------------------------------------
e) Aggregated information
- Aggregated volume 270,216
- Aggregated Price GBP2.498
- Aggregated Total GBP674,999.57
f) Date of the transaction 2020-01-16
=== ====================================
g) Place of the transaction Outside a trading venue
=== ------------------------------------ ===========================================================================
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END
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