19th Jul 2005 11:12
Sainsbury(J) PLC19 July 2005 19 July 2005 B share scheme elections and redemption of B shares The registrars have notified J Sainsbury plc of the number of B shares redeemedon 18 July 2005. • 17,920,250 B shares (representing 0.92% of the total number of B shares issued) were redeemed on 18 July 2005. • 43,695,594 B shares (representing 2.25% of the total number of B shares issued), remain outstanding to be redeemed in the future on 18 January or 18 July in each calendar year until 18 July 2007. Enquiries: Investor Relations Media +44 (0) 20 7695 7162 +44 (0) 20 7695 6127Lynda Ashton Pip Wood Notes: 1. Payments in respect of B shares redeemed yesterday have beensettled through the CREST system or, for certificated holders, cheques weredespatched on 18 July 2005 2. The next date on which outstanding B shares may be redeemedis 18 January 2006. Redemption Notices to be received by the Company's registrarby 30 December 2005. 3. 1,943,173,266 B shares were issued on 19 July 2004. 4. The Company shall be obliged to redeem all B sharesremaining in issue on 18 July 2007. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Sainsbury's