7th May 2008 17:18
Tesco PLC07 May 2008 7 May 2008 Tesco PLC DIRECTORS' SHAREHOLDINGS On 2 May 2008, the Directors below were granted rights over Ordinary Shares of5p in Tesco PLC (the 'Company') under the Company's Executive Incentive Plan forwhich no payment is required. The number of shares awarded was calculated usingan average market price of 424.05 pence. Director Number of SharesR W Brasher 147,562P A Clarke 147,562A T Higginson 147,562T P Leahy 398,625T J R Mason 295,809L Neville-Rolfe 96,887D T Potts 147,562 Awards have been made in the form of nil cost options with the exception of MrMason, whose award is in the form of an unfunded promise to deliver shares. The number of shares subject to the right will be increased to reflect thedividends that would have accrued on vested shares had they been reinvested inshares in the period between grant and exercise (for awards in the form of nilcost options) or grant and vesting (for awards in the form of an unfundedpromise to deliver shares). The award will vest and options will becomeexercisable on 2 May 2011. This announcement is made in accordance with the requirements of DTR 3.1.4. Enquiries: J LloydCompany SecretaryTesco PLCTel: 01992 632222 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Tesco