Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Director/PDMR Shareholding

23rd Jul 2009 15:01

RNS Number : 1910W
Sainsbury(J) PLC
23 July 2009
 



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) 

(iii) both (i) and (ii)

3. Name of person discharging managerial responsibilities/director

Justin Matthew King

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

Justin Matthew King

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares 28 4/7p each

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Justin Matthew King

8. State the nature of the transaction 

Exercise of an award of 898,701 shares under the J Sainsbury plc Share Plan 2005 to maximise the number of shares to be held by Mr King following payment of tax and national insurance

369,026 shares sold to fund the tax and national insurance liability from the exercise of the award and 529,675 shares retained. 

Exercise of an award of 201,106 shares and sale of the shares released under the Long Term Incentive Scheme 2006 (Value Builder Share Plan) 

9. Number of shares, debentures or financial instruments relating to shares acquired

 898,701 shares released on the exercise of an award under the J Sainsbury plc Share Plan 2005

201,106 shares released on the exercise of an award under the Long term Incentive Scheme 2006 (Value Builder Share Plan)

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

369,026 shares sold under the J Sainsbury plc Share Plan 2005 to fund the tax and national insurance liability from the exercise of the award.

201,106 shares sold under the Long term Incentive Scheme 2006 (Value Builder Share Plan)

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

 369,026 shares sold under the J Sainsbury plc Share Plan 2005 at  318.0 pence

201,106 shares sold under the Long term Incentive Scheme 2006 (Value Builder Share Plan) at 318.0 pence

14. Date and place of transaction 

23 July 2009

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 

1,160,135 shares

16. Date issuer informed of transaction 

23 July 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 or issuer responsible for making notification

Hazel Jarvis

DATE OF NOTIFICATION 23 July 2009

  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) 

(iii) both (i) and (ii)

3. Name of person discharging managerial responsibilities/director

Michael Coupe

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

Michael Coupe

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares 28 4/7p each

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Michael Coupe

8. State the nature of the transaction 

Exercise of an award under the J Sainsbury plc Share Plan 2005 to maximise the number of shares to be held by Mr Coupe following payment of tax and national insurance. 

204,949 shares sold to fund the tax and national insurance liability from the exercise of the award and 294,165 shares retained. 

Exercise of an award under the Long Term Incentive Scheme 2006 (Value Builder Share Plan) to maximise the number of shares to be held by Mr Coupe following payment of tax and national insurance. 

39,426 shares sold to fund the tax and national insurance liability from the exercise of the award and 56,579 shares retained.

9. Number of shares, debentures or financial instruments relating to shares acquired

499,114 shares acquired under the J Sainsbury plc Share Plan 2005

96,005 shares acquired under the Long term Incentive Scheme 2006 (Value Builder Share Plan)

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

204,949 shares sold under the J Sainsbury plc Share Plan 2005

39,426 shares sold under the Long term Incentive Scheme 2006 (Value Builder Share Plan)

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

204,949 shares sold under the J Sainsbury plc Share Plan 2005 at 321.75 pence

39,426 shares sold under the Long term Incentive Scheme 2006 (Value Builder Share Plan) at 321.75 pence

14. Date and place of transaction 

22 July 2009

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 

785,527

16. Date issuer informed of transaction 

22 July 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 or issuer responsible for making notification

Hazel Jarvis

DATE OF NOTIFICATION 23 July 2009

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSCKNKKQBKDKOB

Related Shares:

Sainsbury's
FTSE 100 Latest
Value8,600.37
Change103.57