Director/PDMR Shareholding

RNS Number : 0675K

Tesco PLC

24 July 2013

 



TESCO PLC PERFORMANCE SHARE PLAN 2011 (the "Plan")

24 July 2013

Tesco PLC (the "Company")

DIRECTOR/PDMR SHAREHOLDING

On 23 July 2013, the persons listed below were granted nil-cost options over Tesco PLC Ordinary Shares under the Plan, the number of shares being calculated using a market price of 364.84 pence per share in accordance with the rules of the Plan.

The number of shares subject to option in each case will be increased to reflect the dividends that would have accrued on vested shares had they been reinvested in shares in the period between grant and exercise. These nil-cost options will become exercisable on 25 July 2016, subject to the achievement of performance conditions over three financial years. Details of the performance conditions can be found in the Tesco PLC Annual Report and Financial Statements 2013.

Director	Number of Shares subject to option
P Clarke	863,049
L McIlwee	546,662
PDMR	Number of Shares subject to option
M Atkinson	308,354
C Bush	462,531
J Easterbrook	277,518
G Fryett	383,716
K Grace	370,025
B Higgins	471,782
A Horner	308,354
T Masters	535,944
M McNamara	277,518
A Morris	264,198
R Shelley	246,683
R Terrell	283,069
K Towle	370,025

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

Enquiries:         J Lloyd

                        Company Secretary

                        Tesco PLC

                        Tel: [phone]

 

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