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Pin to quick picksTesco Share News (TSCO)

Share Price Information for Tesco (TSCO)

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Share Price: 307.60
Bid: 307.50
Ask: 307.70
Change: -2.00 (-0.65%)
Spread: 0.20 (0.065%)
Open: 309.90
High: 309.90
Low: 306.70
Prev. Close: 309.60
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DIRECTOR DEALINGS: Darktrace AI chief sells GBP2.3 million in shares

Tue, 25th Jul 2023 11:34

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday and not separately reported by Alliance News:

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Darktrace PLC - Cambridge, England-based cybersecurity - Chief Strategy Officer & AI Officer Nicole Eagan sells 585,425 shares at GBP3.93 each, worth GBP2.3 million, on Thursday last week.

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Tesco PLC - Welwyn Garden City, England-based supermarket chain - Jason Tarry, chief executive officer for UK & Republic of Ireland, sells 76,095 shares at GBP2.60 each, worth GBP198,075 on Friday last week.

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Land Securities Group PLC - London-based commercial property developer - Chair Ian Cheshire buys 14,840 shares at GBP6.69 each, worth GBP99,250, on Monday.

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HICL Infrastructure PLC - London-based investor in infrastructure assets - Edward Hunt, a senior executive of the fund's investment manager, InfraRed Capital Partners Ltd, buys 40,000 shares at GBP1.35 each, worth GBP54,118, on Monday.

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Upland Resources Ltd - oil and gas assets in Malaysia, Tunisia and the UK North Sea - Says a director and senior management of Upland and its joint venture partner in Sarawak Big Oil Ventures Sdn Bhd on Monday buy 13.3 million shares at 0.6 pence each, worth GBP80,000. Doesn't name the buyers.

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By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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18 Jul 2023 08:45

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UK grocery inflation continues downward trajectory -Kantar

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UK grocery inflation was 14.9% in 4 weeks to July 9 -Kantar

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Iceland Foods joins UK supermarket rivals in cutting prices

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UK consumer group calls for government action on grocery prices

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(Sharecast News) - Tesco is leaning on its suppliers so that they pass on savings from falling costs so that it can reduce prices more quickly than rivals and thus lead on price cuts. Among other factors, on Thursday Tesco pointed to a halviing in wholesale electricity prices, a 22% reduction in PET packaging and an 84% fall in the cost of freight. Suppliers however said that other costs had continued to rise - not least wages. And in response to prodding by MPs, Asda co-owner, Mohsin Issa, has cautioned that fixed-term contracts meants that three to nine more month would be needed before customers benefitted from falling prices. - The Sunday Times

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