Deferred prosecution agreement approved

RNS Number : 1009C

Tesco PLC

10 April 2017

 

This announcement contains inside information

DEFERRED PROSECUTION AGREEMENT APPROVED

Following the approval today of the Right Honourable Sir Brian Leveson, Tesco announces that its subsidiary, Tesco Stores Limited, has entered into a Deferred Prosecution Agreement (DPA) with the UK Serious Fraud Office (SFO), as described in our announcement of 28 March 2017.  Subject to compliance with the terms of the DPA, this concludes the SFO's investigation into Tesco.

Notes:

·    The SFO has instituted criminal proceedings in relation to other persons in respect of these issues.  There are legal restrictions on the extent to which anyone may publish or broadcast any comment that might in any way prejudice the course of justice in relation to those proceedings (known as the 'strict liability rule') and there is a specific court order under section 4(2) of the Contempt of Court Act 1981. The DPA only relates to the potential criminal liability of Tesco Stores Limited and no other person.

Enquiries:

Media:	Ed Young	01707 918701
Investors:	Chris Griffith	01707 912900

 

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