9th May 2014 15:23
LONDON (Alliance News) - J Sainsbury PLC Friday said outgoing Chief Executive Officer Justin King exercised options over 319,919 shares under the deferred share award scheme. He then sold the shares at a price of GBP3.2836 each Thursday.
Following this transaction, King now holds 1.3 million shares.
Shares in the supermarket chain were up 1.4% at 335.90 pence Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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