RNS Number : 6275C
Tesco Corporate Treasury Services
09 February 2024
 

9 February 2024

 

Tesco CORPORATE TREASURY SERVICES PLC

Tesco CORPORATE TREASURY SERVICES EUROPE DAC

Tesco AGREES LONG-TERM STRATEGIC PARTNERSHIP WITH Barclays TO PROVIDE CUSTOMERS WITH Tesco-BRANDED BANKING PRODUCTS AND SERVICES

EXISTING Tesco BANKING OPERATIONS TO BE SOLD TO Barclays WITH MAJORITY OF CASH TO BE RETURNED TO SHAREHOLDERS

Tesco Corporate Treasury Services PLC (TCTS) and Tesco Corporate Treasury Services Europe DAC (TCTSE) hereby note the announcement made by their ultimate parent company, Tesco PLC, in respect of its entry into a long-term strategic partnership with Barclays to provide Tesco-branded banking products and services and the sale of its existing banking operations to Barclays (the Announcement).

TCTS and TCTSE have made this announcement to ensure that holders of the listed securities are fully appraised of Tesco PLC's Announcement.

A copy of the Announcement is available at:

https://www.londonstockexchange.com/news-article/TSCO/strategic-partnership-sale-of-banking-business/16325180

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

 

For enquiries, please contact:

 

Robert Welch, Company Secretary

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

Tel: 07793 222569

 

Tesco Corporate Treasury Services PLC LEI Number: 21380018AJDKNF3A6712

Tesco Corporate Treasury Services Europe DAC LEI Number: 213800ESTST91B3U3P50

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