Tesco Corporate Treasury Services Tesco PLC Statement Regarding Asia
December 09 2019 - 2:30AM
Dow Jones News
TIDM17EW TIDMTSCO
RNS Number : 1215W
Tesco Corporate Treasury Services
08 December 2019
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM
ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
8 December 2019
TESCO CORPORATE TREASURY SERVICES PLC
Tesco Corporate Treasury Services PLC (TCTS) hereby notes the
announcement made by its parent company, Tesco PLC, in respect of a
statement regarding the Asia businesses (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 below and also available at
https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/company-news.html?fourWayKey=GB0008847096GBGBXSET1.
To view the Announcement in full, please paste the above URL into
the address of your browser.
Statement Regarding Asia
Tesco PLC ("Tesco") confirms that, following inbound interest,
it has commenced a review of the strategic options for its
businesses in Thailand and Malaysia, including an evaluation of a
possible sale of these businesses.
The evaluation of strategic options is at an early stage, no
decisions concerning the future of Tesco Thailand or Malaysia have
been taken, and there can be no assurance that any transaction will
be concluded. A further announcement will be made if and when
appropriate.
Enquiries:
Investors: Chris Griffith +44 (0) 1707 912 900
Media: Simon Rew +44 (0) 1707 918 701
Philip Gawith (Teneo) +44 (0) 7887 954 048
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.
END
MSCFSLFEAFUSESE
(END) Dow Jones Newswires
December 09, 2019 02:15 ET (07:15 GMT)
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