Tesco PLC
29 August 2006
29 August 2006
Tesco PLC
DIRECTORS' SHAREHOLDINGS
Further to the awards made under the Company's Performance Share Plan (the
'Plan') on 20 July 2006 (the number of shares being calculated using a market
price of 346.25p) to other executive directors, on 25 August 2006 a right was
granted under the Plan to Tim Mason over 204,444 Ordinary Shares for which no
payment is required, also calculated using a price of 346.25p. 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 award and vesting. This award will vest on 20 July 2010, subject
to the achievement of performance conditions over three financial years. There
will be no additional retention period.
This announcement is made in accordance with the requirements of DR 3.1.4 R(1)
(a) and DR 3.1.4 R(1)(b).
Enquiries: J Lloyd
Deputy Company Secretary
Tesco PLC
Tel: 01992 632222
This information is provided by RNS
The company news service from the London Stock Exchange
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