Tesco Announces Director/PDMR Shareholding
Why we think this is neutral
This RNS announcement is related to a director/PDMR shareholding change, which is a routine regulatory disclosure and does not contain any significant business updates or financial information. As such, the sentiment is considered neutral.
Key Points
- Ken Murphy and Imran Nawaz have purchased 11,961 shares each in Tesco PLC
- The shares were purchased at a price of £4.18 per share
Summary
The retailer has announced that two of its senior executives have purchased a combined 23,922 ordinary shares in the company.
Tesco PLC has announced that its Group Chief Executive, Ken Murphy, and Chief Financial Officer, Imran Nawaz, have each purchased 11,961 ordinary shares in the company at a price of £4.18 per share.
DIRECTOR DEALINGS