Introducing

TESCO SHARE ACCOUNT

The easy and modern way to hold
your Tesco shares.
WELCOME

I would like to invite you to join Tesco Share Account.

As a valued colleague, Tesco Share Account provides
you with a secure, modern and easy way to hold your
Tesco shares.
What is Tesco Share Account?
We are pleased to offer Tesco shareholders a new service to help you hold and manage your Tesco
shares in a safe and simple way.
By transferring your Tesco shares into Tesco Share Account, you can enjoy the convenience and
reassurance of holding shares electronically, avoiding the need to hold paper share certificates
which can be lost or stolen and expensive to replace.
Tesco Share Account also offers shareholders access to preferential dealing rates and up-to-date
market information through the Equiniti Shareview Dealing service. You can track your shares online
and you will also receive an annual statement detailing your shareholding and trading activity.

How does it work?

Tesco Share Account is a sponsored nominee service operated for Tesco by Equiniti Financial Services
Limited (“Equiniti”), which is authorised and regulated by the Financial Conduct Authority. When
you join Tesco Share Account, your shares are registered in the name of Equiniti Corporate Nominees
Limited and held on your behalf on a private register. You remain the beneficial owner of your shares
and continue to have the right to receive shareholder communications, vote at general meetings and
to receive any dividends paid on your shares.

What does it cost to participate?

It is completely free to participate in Tesco Share Account and there are no annual fees to pay.
You can also leave at any time, subject to a £10 administration charge.

How do I participate?
In order to participate in Tesco Share Account, you simply need to transfer your existing Tesco ordinary
shares into the facility. If you would like to join, please complete the enclosed application form and
return it to Equiniti with your existing Tesco share certificates in the reply-paid envelope provided.
If you have any questions about Tesco Share Account, please contact Equiniti’s UK helpline on
0371 384 2977* or +44 121 415 7053** from outside the UK.
Yours faithfully,

Paul Moore
Company Secretary

* Calls from the UK to 03 numbers cost no more than a national rate call to a 01 or 02 number. Lines are open 8:30am to 5:30pm UK time, Monday to
Friday, excluding public holidays in England and Wales.
**Call costs may vary. Please check with your service provider. Equiniti may record calls to both numbers in order to monitor the quality of its service
and for security purposes.
Tesco PLC is registered in England & Wales under No. 445790. Registered Office: Tesco House, Delamare Road, Cheshunt, Hertfordshire, EN8 9SL.
Equiniti Financial Services Limited is registered in England & Wales under No. 6208699 and is authorised and regulated by the Financial Conduct
Authority No. 468631. Registered Office: Aspect House, Spencer Road, Lancing, West Sussex, BN99 6DA, United Kingdom.
HOLDING YOUR TESCO SHARES
COULDN’T BE EASIER WITH
TESCO SHARE ACCOUNT

In Tesco Share Account your shares are held electronically,

NO CERTIFICATES like money in a bank account. This means there will be no
TO LOSE risk of loss or theft of certificates, which can be expensive
to replace.

You will continue to have the right to vote at general

SHAREHOLDER RIGHTS meetings and you will remain the beneficial holder of
your shares with the right to receive any dividends
paid on them.

Once you join, you will be able to manage your shares

TRACK YOUR SHARES online at www.shareview.co.uk/Tesco with free access
ONLINE AND RECEIVE to up-to-date market information at a click. We will
AN ANNUAL STATEMENT also send you an annual statement providing an ‘at a
glance’ review of your investment activity for the year.

PRIVATE REGISTER Tesco Share Account is a separate private register,

KEEPING YOUR which means that your information is not available
for public inspection, as is the case when shares are
INFORMATION SAFE
held in your name on the Tesco ordinary share register.

PREFERENTIAL You will have access to facilities to buy or sell shares

at preferential dealing rates* from Equiniti with quicker
DEALING FACILITY
settlement periods.*

OPPORTUNITY TO GO You can elect to receive all standard shareholder

communications by email rather than by hard copy
GREEN
to help reduce our impact on the environment.(+)

Any future dividends will be paid directly into your bank

DIVIDENDS PAID account, which means there are no cheques to lose(+).
Alternatively, you can use any cash dividends to buy
ELECTONICALLY
additional Tesco shares through the Tesco Dividend
Reinvestment Plan.

JOIN NOW

Step 1 Step 2
Complete the enclosed application form. Return it in the reply-paid envelope
(A copy of the full terms and conditions can be found with your relevant Tesco share certificate(s).
at www.shareview.co.uk/Tesco)

You should find the answer to any queries you have, as well as the full terms and conditions, online at www.shareview.co.uk/Tesco. However, if you
would like to speak to someone then you can call Equiniti’s UK helpline on 0371 384 2977 or +44 121 415 7053 from outside the UK. Calls from the UK to
03 numbers cost no more than a national rate call to a 01 or 02 number.
Lines are open 8:30am to 5:30pm UK time Monday to Friday excluding public holidays in England and Wales. Alternatively, you can write to us at
Equiniti, Aspect House, Spencer Road, Lancing, West Sussex, BN99 6DA, UK.
* When compared to dealing rates and settlement periods for certificated transactions.
(+) You can opt to receive hard copy documents at any time by contacting Equiniti.
FREQUENTLY
Frequently Asked Questions
ASKED QUESTIONS
1. I already have Tesco share certificates.
How do I transfer these shares into Tesco
Share Account?
If you hold Tesco ordinary shares in your name and
you are resident in the UK or European Economic
Area (EEA), you can arrange to transfer these
shares into Tesco Share Account by completing
the enclosed application form and returning it with
your existing Tesco share certificates. Please note
that shares held through Tesco share plans such as
‘Shares in Success’ and ‘Buy As You Earn’ schemes
will continue to be held separately under the terms
of those plans.
2. Who will be the registered holder of
my shares?
Your shares will be held on your behalf in the
name of Equiniti Corporate Nominees Limited,
on a separate register which is not open to public
inspection. You will continue to be the beneficial
owner of your shares.
3. Will my shares be safe?
Holding shares electronically eliminates the risk
of share certificates being lost or stolen. Equiniti
Financial Services Limited is regulated and
authorised by the Financial Conduct Authority
and has substantial experience of operating
nominee facilities for many listed companies.
4. Will I still be able to vote at general meetings
and receive shareholder documents and
dividends?
Yes. You will still be able to attend and vote,
or appoint a proxy to vote, at general meetings.
You can receive the same communications as
other shareholders and you will continue to
have the same dividend entitlements.
(See the Terms and Conditions at www.shareview.co.uk/Tesco where you can also find further information).
5. How will I know how many shares I have in
Tesco Share Account?
You will receive a statement as soon as you join
Tesco Share Account and then at least once every
12 months.
If you have an existing login for the Tesco Employee
Share Plans Portal at www.shareview.co.uk/Tesco,
you can check your details at any time. If you do not
already have a login you can obtain one by clicking
the ‘Register’ link. You will need to have your
employee and shareholding information to hand.
6. How do I buy or sell shares through Tesco
Share Account?
Tesco has made arrangements to allow participants
to buy or sell Tesco shares through Equiniti Financial
Services Limited at preferential rates to those it
provides for certificated transactions. Further
details can be found at www.shareview.co.uk
7. Can I use another share dealing service
provider if I don’t want to use Equiniti?
To sell shares through an alternative share dealing
provider, you will firstly need to transfer the shares
out of Tesco Share Account to another nominee
provider or arrange for a share certificate to be
issued to you. Please note there may be a charge
for this service.
8. Will I be able to leave Tesco Share Account?
Yes, you can leave at any time, subject to a £10
administration charge. You can arrange to transfer
your Tesco shares out of Tesco Share Account to
another nominee provider or arrange for a share
certificate to be issued to you by completing a
Transfer Form. Please contact Equiniti to obtain
a form.