RNS Number : 7383Y

Tesco PLC

17 January 2022

Tesco PLC

Transaction in own shares

Tesco PLC (the "Company") announces that on 17 January 2022 it has purchased, in accordance with the authority granted by shareholders at the 2021 Annual General Meeting of the Company, the following number of ordinary shares of 6 1/3 pence pursuant to its up to GBP500 million share buyback programme, the details of which were announced on 18 October 2021.

The purchased shares will be cancelled.

 Description of shares:         Tesco PLC - ordinary shares 
                                 of 6 1/3 pence 
 Date of transaction            17 January 2022 
 Number of Shares purchased:    189,646 
 Average price paid 
  per Share (pence):            289.49p 
 Highest price paid 
  per Share (pence):            290.90p 
 Lowest price paid per 
  Share (pence):                287.15p 
 Broker:                        Citigroup Global Markets 

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 7,654,314,672. The Company does not hold any ordinary shares in Treasury.

The figure of 7,654,314,672 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 as it applies in the UK (the Market Abuse Regulation), a full breakdown of the individual purchases is attached to this announcement.

Further enquiries:

   Investor relations:        Chris Griffith              01707 940 900 
   Media:                         Christine Heffernan   0330 678 0639 

Tesco PLC's LEI number is: 2138002P5RNKC5W2JZ46


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(END) Dow Jones Newswires

January 18, 2022 02:00 ET (07:00 GMT)

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