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DIRECTOR DEALINGS: Sainsbury's Awarded, Sells Shares

19th May 2014 15:41

LONDON (Alliance News) - J Sainsbury PLC Monday said outgoing Chief Executive Justin King was awarded 295,953 shares under the company share plan and sold 139,378 shares for tax purposes at a price of GBP3.401 each Friday.

Following this transaction, King now holds 1.4 million shares in the supermarket chain.

Shares closed down 0.8% at 345.00 pence Monday.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2014 Alliance News Limited. All Rights Reserved.


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