29th Aug 2006 16:33
Tesco PLC29 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 marketprice of 346.25p) to other executive directors, on 25 August 2006 a right wasgranted under the Plan to Tim Mason over 204,444 Ordinary Shares for which nopayment is required, also calculated using a price of 346.25p. The number ofshares subject to the right will be increased to reflect the dividends thatwould have accrued on vested shares had they been reinvested in shares in theperiod between award and vesting. This award will vest on 20 July 2010, subjectto the achievement of performance conditions over three financial years. Therewill 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 ExchangeRelated Shares:
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