Tesco PLC Director/PDMR Shareholding (6693Y)
14 May 2021 - 8:00PM
UK Regulatory
TIDMTSCO
RNS Number : 6693Y
Tesco PLC
14 May 2021
PDMR SHAREHOLDING
14 May 2021
Tesco PLC (the "Company")
Release of shares from the Tesco PLC Group Bonus Plan (GBP)
On 13 May 2021, Christine Heffernan, a member of the Company's
Executive Committee, received the following Ordinary shares of 6
1/3 pence each in the Company upon their release from a share award
granted on 13 May 2019 under the rules of the GBP:
Name of PDMR No. of No. of No. of
shares shares net shares
released withheld
Christine Heffernan 19,052 6,089 12,963
---------- ---------- ------------
The numbers of shares released represent the gross number of
shares including dividend equivalent shares which have accrued
between grant and release . As shown above, shares have been
withheld to cover Income Tax and National Insurance Contributions
due on release and the net shares have been transferred to
Christine.
The share price on release was 227.4 pence per share.
The Notification of Dealing Form can be found below. This
announcement is made in accordance with the UK Market Abuse
Regulation (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 Initial Notification
/Amendment
-----------------------------------------
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
GB00BLGZ9862
Identification code
b) Nature of the transaction Release of shares from awards granted
under the rules of the Tesco PLC Group
Bonus Plan on 13 May 2019
-----------------------------------------
c) Currency GBP
----------------------------------------- -------------------- --------------------
d) Price(s) and volume(s) Price(s) Volume(s)
GBP2.274 19,052
--- ----------------------------------------- -------------------- --------------------
e) Aggregated information
- Aggregated volume 19,052
- Aggregated Price GBP2.274
- Aggregated Total GBP43,324.25
f) Date of the transaction 2021-05-13
=========================================
g) Place of the transaction Outside a trading venue
----------------------------------------- ==========================================
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END
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