14th May 2014 13:07
TESCO PLC PERFORMANCE SHARE PLAN 2011 (the "Plan")
14 May 2014
Tesco PLC (the "Company")
PDMR SHAREHOLDING
On 14 May 2014, the persons listed below were granted nil-cost options over Tesco PLC Ordinary Shares under the Plan, the number of shares being calculated using a market price of 293.52 pence per share in accordance with the rules of the Plan.
The number of shares subject to option in each case will be increased to reflect the dividends that would have accrued on vested shares had they been reinvested in shares in the period between grant and exercise. 50% of the shares subject to the option will vest and become exercisable on 19 June 2014 and the remainder will vest and become exercisable on 19 June 2017.
PDMR | Number of Shares subject to option | |
M Atkinson | 89,261 | |
C Bush | 133,892 | |
J Easterbrook | 80,335 | |
K Grace | 107,113 | |
B Higgins | 203,812 | |
D Hobbs | 65,160 | |
A Horner | 89,261 | |
T Masters | 155,143 | |
M McNamara | 80,335 | |
A Morris | 76,479 | |
S Rigby | 206,050 | |
R Shelley | 71,409 | |
R Terrell | 81,942 | |
K Towle | 107,113 | |
This announcement is made in accordance with the requirements of DTR 3.1.4.
Enquiries: J Lloyd
Company Secretary
Tesco PLC
Tel: 01992 632222
Related Shares:
Tesco