Director/PDMR Shareholding

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 date	Number of ADRs purchased	Price per ADR
15 April 2016	7,000	US$7.69
18 April 2016	3,000	US$7.79

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 Grant	Number of Shares subject 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: [phone]

 

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