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Company Tesco PLC
TIDM TSCO
Headline

Director/PDMR Shareholding

Released 13:11 22-Apr-2013
Number 9100C13

RNS Number : 9100C
Tesco PLC
22 April 2013
 



22 April 2013

 

Tesco PLC (the "Company")

 

DIRECTOR/PDMR SHAREHOLDING

 

On 19 April 2013, a right was granted under the Company's Performance Share Plan to Robin Terrell, a PDMR of the Company, over Tesco PLC Ordinary Shares for which no payment is required, the number of shares being calculated using a market price of 365.45 pence per share in accordance with the Plan Rules.

 

The number of shares subject to the right 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.

 

 

Number of shares subject to the right

Vesting details

123,135

These rights will become exercisable on 25 February 2016, subject to continuous employment during this period.

 

 

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: 01992 632222

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Director/PDMR Shareholding - RNS