Director/PDMR Shareholding

RNS Number : 9469D

Tesco PLC

23 May 2012

 



DIRECTOR / PDMR SHAREHOLDING

23 May 2012

On 21 May 2012, the Directors and PDMRs below received Ordinary shares of 5p each in Tesco PLC upon their release at the end of the three-year holding period from the Tesco Executive Incentive Plan and the Tesco Group Bonus Plan. The share price on release was 311.125p per share. With the exception of T Mason, these awards were taxed on award (19 May 2009).  Dividend equivalents which have accrued between grant and vesting are taxable on release and a proportion of the shares released have been retained to cover the taxes due. The figures below represent the net number of shares at award plus the gross number of dividend equivalent shares that have since accrued. T Mason's award was taxable on release and a proportion of the shares released have been retained to cover the taxes due.  The figure below for T Mason represents the gross number of shares released.

Director	Number of shares
P Clarke	139,361
A Higginson	139,361
T Mason	286,676
L McIlwee	52,208
L Neville-Rolfe	97,551

PDMR	Number of shares
G Fryett K Grace	99,900 41,350
A Horner	29,819
T Masters	45,159
M McNamara	21,345
N Robbins	50,055
K Towle	64,732

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: [phone]

 

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