Statement Regarding Asia

RNS Number : 1214W

Tesco PLC

09 December 2019

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

8 December 2019

Tesco PLC ("Tesco")

Statement Regarding Asia

Tesco PLC ("Tesco") confirms that, following inbound interest, it has commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation of a possible sale of these businesses.

The evaluation of strategic options is at an early stage, no decisions concerning the future of Tesco Thailand or Malaysia have been taken, and there can be no assurance that any transaction will be concluded. A further announcement will be made if and when appropriate.

Enquiries:

Investors:               Chris Griffith                       [phone]

Media:                    Simon Rew                          [phone]

     Philip Gawith (Teneo)         [phone]

LEI Number: 2138002P5RNKC5W2JZ46

 

END

 

 

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