19th May 2014 15:43
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; [email protected]; @ArvindBhunjun
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