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B Share redemption

19th Jan 2007 09:31

Sainsbury(J) PLC19 January 2007 19 January 2007 B share scheme - redemption of B shares The registrars have notified J Sainsbury plc of the number of B shares redeemedon 18 January 2007. • 1,849,424 B shares (representing 0.09% of the total number of Bshares issued) were redeemed on 18 January 2007. • 27,502,070 B shares (representing 1.41% of the total number ofB shares issued), remain outstanding to be redeemed on 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 been settled through the CREST system or, for certificated holders, cheques were despatched on 18 January 2007 2. 1,943,173,266 B shares were issued on 19 July 2004. 3. The Company shall be obliged to redeem all B shares remaining in issue on 18 July 2007. This information is provided by RNS The company news service from the London Stock Exchange

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Sainsbury's
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Value8,585.01
Change-17.91