24th Aug 2007 16:45
Tesco PLC24 August 2007 24 August 2007 Tesco PLC DIRECTORS' SHAREHOLDINGS The Director below, on 23 August 2007, was granted a right over Ordinary Sharesof 5p in Tesco PLC (the 'Company') under the Company's Executive Incentive Planfor which no payment is required. The number of shares awarded was calculatedusing an average market price of 401.9 pence. 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 award and vesting. The award will vest on 24 May2010. Director No. of Shares T J R Mason 176,135 This award was granted further to the awards made under the Executive IncentivePlan on 24 May 2007 to other executive directors. The Company was notified that on 23 August 2007 the following Directorsexercised options over Ordinary Shares of 5p each in the Company under thePerformance Share Plan at an option price of nil pence per share andsubsequently sold these options at the price shown below. Director No. of Shares Option Price Sale Price T J R Mason 85,343 0p 405.0p This announcement is made in accordance with the requirements of DTR 3.1.4 R(1)(a) and DTR 3.1.4 R(1)(b). Enquiries: J Lloyd Company Secretary Tesco PLC Delamare Road Cheshunt Hertfordshire EN8 9SL Tel: 01992 632222 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Tesco