Tesco PLC Director/PDMR Shareholding (6640N)

TIDMTSCO

RNS Number : 6640N

Tesco PLC

22 May 2020

Director/ PDMR SHAREHOLDINGS

22 May 2020

Tesco PLC (the "Company")

Exercise of Options under the Tesco PLC Savings-Related Share Option Scheme

On 21 May 2020, the following member of the Company's Executive Committee exercised options over Ordinary shares of 5 pence each in the Company granted under the Tesco PLC Savings-Related Share Option Scheme at an option price of 150.00p per share as set out below:

 
      Name          Date of grant     Date of exercise    No. of shares 
                                                            exercised 
 Adrian Morris    24 December 2014       21 May 2020         20,200 
                 ------------------  ------------------  -------------- 
 

Sale of Ordinary shares

The Company has been notified that on 21 May 2020, the following member of the Company's Executive Committee sold Ordinary shares of 5 pence each in the Company as set out below:

 
     Name        No. of shares   Sale price per    Date of sale 
                      sold        Ordinary share 
 Adrian Morris      20,200          GBP2.2635      21 May 2020 
                --------------  ----------------  ------------- 
 

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: [phone]

LEI Number: 2138002P5RNKC5W2JZ46

 
 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          Ordinary shares of 5 pence each 
      instrument, type of instrument 
 
      Identification code                    GB0008847096 
 b)   Nature of the transaction             Exercise of options granted under the Tesco PLC Savings-Related Share 
                                            Option Scheme 
     ------------------------------------ 
 c)   Currency                              GBP 
     ------------------------------------  ------------------------------------  ------------------------------------- 
 d)   Price(s) and volume(s)                Price(s)                              Volume(s) 
                                             GBP1.50                               20,200 
---  ------------------------------------  ------------------------------------  ------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                    20,200 
       - Aggregated Price                     GBP1.50 
       - Aggregated Total                     GBP30,300.00 
 f)   Date of the transaction               2020-05-21 
     ==================================== 
 g)   Place of the transaction              Outside a trading venue 
     ------------------------------------  =========================================================================== 
 
 
 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                               Ordinary shares of 5 pence each 
       instrument, type of instrument 
 
       Identification code                                        GB0008847096 
 b)   Nature of the transaction                                  Sale of Ordinary shares 
     --------------------------------------------------------- 
 c)   Currency                                                   GBP 
     ---------------------------------------------------------  -------------------  ----------------- 
 d)   Price(s) and volume(s)                                     Price(s)             Volume(s) 
                                                                  GBP2.2635            20,200 
---  ---------------------------------------------------------  -------------------  ----------------- 
 e)   Aggregated information 
       - Aggregated volume                                         20,200 
       - Aggregated Price                                          GBP2.2635 
       - Aggregated Total                                          GBP45,722.70 
 f)   Date of the transaction                                    2020-05-21 
     ========================================================= 
 g)   Place of the transaction                                   London Stock Exchange, Main 
                                                                  Market (XLON) 
     ---------------------------------------------------------  ====================================== 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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May 22, 2020 05:00 ET (09:00 GMT)