5th Mar 2009 16:00
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
J Sainsbury plc
2. State whether the notification relates to
(i) a transaction notified in accordance with DR 3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
(i)
3. Name of person discharging managerial responsibilities/director
Neil Sachdev
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
n/a
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Neil Sachdev - J Sainsbury plc Restricted Share Plan
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary Shares 284/7 p each
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
n/a
8 State the nature of the transaction
Release of shares from Restricted Share Plan
9. Number of shares, debentures or financial instruments relating to shares acquired
40,617 shares acquired at nil cost. 16,653 shares sold to cover income tax and National Insurance Contributions with remaining balance of 23,964 shares retained
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
n/a
11. Number of shares, debentures or financial instruments relating to shares disposed
16,653 shares were sold to cover income tax and National Insurance Contributions
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
n/a
13. Price per share or value of transaction
Shares sold at £2.9003
14. Date and place of transaction
4 March 2009
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
48,169
16. Date issuer informed of transaction
5 March 2009
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 Date of grant
18. Period during which or date on which it can be exercised
19. Total amount paid (if any) for grant of the option
20. Description of shares or debentures involved (class and number)
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
22. Total number of shares or debentures over which options held following notification
23. Any additional information
24. Name of contact and telephone number for queries
Hazel Jarvis 0207 695 6378
Name and signature of duly authorised officer of issuer responsible for making notification
Hazel Jarvis
Related Shares:
Sainsbury's