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Pin to quick picksTesco Regulatory News (TSCO)

Share Price Information for Tesco (TSCO)

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Share Price: 298.90
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Change: 0.70 (0.23%)
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Open: 298.60
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Directorate Change

3 Feb 2020 10:07

RNS Number : 7391B
Tesco Corporate Treasury Services
03 February 2020
 

03 February 2020

 

TESCO CORPORATE TREASURY SERVICES PLC

Tesco Corporate Treasury Services PLC (TCTS) hereby notes the announcement made this morning by its parent company, Tesco PLC, in respect of a statement regarding the update on the CEO Succession (the Announcement).  

TCTS has made this announcement to ensure that holders of its listed securities are fully appraised of Tesco PLC's Announcement.

A copy of the announcement is available at:

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TSCO/14407937.html

To view the Announcement in full, please paste the above URL into the address of your browser.

Statement regarding the update on CEO succession

Further to the CEO Succession announcement dated 2 October 2019, Tesco PLC ("Tesco") confirms that Ken Murphy will take up the role of Group Chief Executive on 1 October 2020 and will join the Board on the same date, after fully respecting his contractual non-compete obligations.

To facilitate a smooth and seamless handover, Dave Lewis has agreed to extend his tenure as Group Chief Executive until 30 September 2020.

 

Enquiries:

Investors: Chris Griffith +44 (0) 1707 912 900

Media: Simon Rew +44 (0) 1707 918 701

Philip Gawith (Teneo) +44 (0) 207 420 3143

 

LEI Number: 21380018AJDKNF3A6712

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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