18th Sep 2008 16:32
RNS Number : 7925D
Sainsbury(J) PLC
18 September 2008
J Sainsbury plc
Purchase of ordinary shares of 28 4/7 pence in J Sainsbury plc ('Shares' and the 'Company', respectively) by Directors of the Company and Persons Discharging Managerial Responsibility (PDMRs) under the Sainsbury’s Share Purchase Plan ('SSPP').
The Company was notified on 18 September 2008 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 18 September 2008 held through HSDL Nominees Limited – SIP the ‘Trustee’):
|
Director
|
Number of Partnership shares purchased at 354 pence per share
|
Number of Matching Shares allocated
|
Total holding following notification
|
|
Justin King
|
33
|
8
|
548,672
|
|
Darren Shapland
|
32
|
8
|
442,065
|
|
|
|
|
|
|
Person Discharging Managerial Responsibility
|
|
|
|
|
Gwyn Burr
|
32
|
8
|
80,258
|
|
Tim Fallowfield
|
32
|
8
|
178,563
|
|
Angela Morrison
|
32
|
8
|
13,037
|
The SSPP operates as follows
·; Each month the Trustee uses participants' contributions (which may not exceed £115 per participant per four weekly period) to purchase Shares in the market. These shares are called 'Partnership Shares'.
·; At the same time the Company allocated to participants via the Trustee one share for every four Partnership Shares purchased that four weekly period. These shares are called 'Matching Shares'.
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
Sainsbury's