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.
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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 |