MARKET TALK: Renumeration An Issue For Tesco - PIRC

22nd Jun 2010 15:40

1440 GMT [Dow Jones] Renumeration levels are an issue for Tesco (TSCO.LN), PRIC analysts say. Says shareholders should oppose the group's remuneration report at the annual general meeting on July 2. Says Terry Leahy's financial renumeration, which last year was the second-highest paid director within the FTSE 100 consumers services sector in terms of salary, is not calculated on a sufficient number of industry comparative criteria. Shares +1.3% at 393p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires June 22, 2010 10:40 ET (14:40 GMT)

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