Tesco PLC Director/PDMR Shareholding (6740V)
April 19 2016 - 9:05AM
UK Regulatory
TIDMTSCO
RNS Number : 6740V
Tesco PLC
19 April 2016
19 April 2016
TESCO PLC (the "Company")
Director / PDMR Shareholding
The Company has been notified that Byron Grote, Non-executive
Director of the Company, purchased American Depositary Receipts
("ADRs") in the Company as set out in the table below. One ADR is
equivalent to three Ordinary Shares of 5 pence each in the
Company.
Purchase Number of ADRs Price per
date purchased ADR
15 April 7,000 US$7.69
2016
18 April 3,000 US$7.79
2016
On 18 April 2016, Robin Terrell, a member of the Company's
Executive Committee, exercised the nil-cost options over Ordinary
shares of 5 pence each in the Company as set out in the table
below. The nil-cost options were granted under the rules of the
Tesco PLC Performance Share Plan 2011 on the dates shown in the
table.
Date of Number of Shares subject
Grant to option
19 April
2013 134,767
14 May 2014 41,275
Total 176,042
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 have been transferred to Mr Terrell.
The share price on exercise was 180.95 pence per share.
These announcements are made in accordance with the requirements
of Disclosure and Transparency Rule 3.1.4R.
Enquiries: Paul Moore
Company Secretary
Tesco PLC
Tesco House
Shire Park
Kestrel Way
Welwyn Garden
City
Hertfordshire
AL7 1GA
Tel: 01707 913005
This information is provided by RNS
The company news service from the London Stock Exchange
END
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