Director/PDMR Shareholding

RNS Number : 2376D

Tesco PLC

27 November 2009

 



27 November 2009

Tesco PLC - DIRECTORS' SHAREHOLDINGS

On 27 November 2009 the Directors below exchanged their awards of nil cost options over Ordinary Shares of 5p in Tesco PLC ("the Company") set out in the tables below for an equivalent number of Restricted Shares under the Company's Executive Incentive Plan 2004 ("EIP") and the Company's Performance Share Plan 2004 ("PSP").  These shares will be held by the Tesco Employees' Share Scheme Trustees on behalf of the Directors.

Each Director has elected to fund the income tax and employee national insurance contributions due on these awards at the point of exchange.

The number of shares subject to award will be increased to reflect the dividends that would have accrued on the shares which ultimately vest had they been reinvested in shares in the period between award and release.

EIP

Director	Date of Grant	Number of Shares	Vesting Date
Richard Brasher	24 May 2007 2 May 2008	154,324 153,272	24 May 2010 2 May 2011
Sir Terry Leahy	24 May 2007 2 May 2008	289,988 414,053	24 May 2010 2 May 2011
Lucy Neville-Rolfe	24 May 2007 2 May 2008	78,915 100,636	24 May 2010 2 May 2011

PSP

Director	Date of Grant	Number of Shares	End of Retention Period
Richard Brasher	20 July 2006	187,748	20 July 2010
Sir Terry Leahy	20 July 2006	352,789	20 July 2010

This announcement is made in accordance with the requirements of DTR 3.1.4.

Enquiries:

J Lloyd Company Secretary Tesco PLC Delamare Road Cheshunt Hertfordshire EN8 9SL Tel: [phone]

 

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