Director/PDMR Shareholding

RNS Number : 9462A

Tesco PLC

16 October 2009

 



16 October 2009

Tesco PLC

DIRECTOR/PDMR SHAREHOLDING

On 15 October 2009, a right was granted under the Company's Performance Share Plan to the persons below over Tesco PLC Ordinary shares for which no payment is required, the number of shares being calculated using an average market price of 374.00 pence per share.

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.  

These rights will become exercisable on 15 July 2012, subject to the achievement of performance conditions over three financial years.  

Director        Number of Shares subject to the right

R Brasher                325,668

P Clarke                   325,668

A Higginson             325,668

T Leahy                    565,508

T Mason                   217,112

L Mcilwee                 244,251

L Neville-Rolfe          244,251

D Potts                     325,668

Other PDMR

C Holmes                200,535

Note : Awards have been made in the form of nil cost options with the exception of Mr Mason's award which has been made as a promise over shares that will be released on the vesting date if the performance conditions are met.

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

Enquiries:   J Lloyd

                   Company Secretary

                   Tesco PLC

                   Tel: [phone]

 

END

 

 

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