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Tesco PLC Director's Dealing 2017

May 17, 2017

4605_dirs_2017-05-17_c5235ae0-15b7-4cfb-a1f8-d4df6182fc32.html

Director's Dealing

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RNS Number : 4493F

Tesco PLC

17 May 2017

17 May 2017

TESCO PLC (the "Company")

Director Shareholding

The Company has been notified that Byron Grote, Non-executive Director of the Company, has transferred 70,000 American Depositary Receipts in the Company ("ADRs") which were previously held on his behalf in the Depository Trust Company into a registered holding in his own name. 

The ADRs will be held in the Deutsche Bank Global Direct Investor Services Program.  One ADR is equivalent to three Ordinary Shares of 5 pence each in the Company.

The Notification of Dealing Form for this Director can be found below.  This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014

Enquiries: Robert Welch

Company Secretary

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

Tel: 01707 913005
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Byron Grote
2 Reason for the notification
a) Position/status Director (Non-executive Director)
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Tesco PLC
b) Legal Entity Identifier 2138002P5RNKC5W2JZ46
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument

Identification code
American Depositary Receipts (each American Depositary Receipt is equivalent to three Ordinary Shares of 5 pence each in Tesco PLC) 

ISIN: US8815753020
b) Nature of the transaction Transfer of American Depositary Receipts out of Depositary Trust Company and into a registered holding in own name
c) Currency USD
d) Price(s) and volume(s) Price(s)

Nil
Volume(s)

70,000
e) Aggregated information

- Aggregated volume

- Aggregated Price

- Aggregated Total
70,000

Nil

Nil
f) Date of the transaction 2017-05-17
g) Place of the transaction United States (OTC)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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