30th Jul 2008 15:00
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
Timothy Fallowfield
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 interest1
Timothy Fallowfield
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
Timothy Fallowfield
8. State the nature of the transaction
Exercise of a long term incentive scheme and the sale of shares to fund the income tax and National Insurance liability.
Shares released to participant at nil cost.
Of the 119,791 ordinary shares released into the name of Timothy Fallowfield 25,000 will be sold on Thursday 31 July 2008 into the J Sainsbury Self Invested Pension Plan.
9. Number of shares, debentures or financial instruments relating to shares acquired
203,257 ordinary shares
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
83,466 ordinary shares sold to fund the income tax and National Insurance liability
70 shares has been transferred as a gift at nil value
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
83,466 shares sold at 320.0 pence
14. Date and place of transaction
29 July 2008
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
178,453 ordinary shares
16. Date issuer informed of transaction
30 July 2008
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
Of the 119,791 ordinary shares released into the name of Timothy Fallowfield 25,000 will be sold on Thursday 31 July 2008 into the J Sainsbury Self Invested Pension Plan.
The total holding will remain at 178,453 ordinary shares following these transactions.
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
30 July 2008
Related Shares:
Sainsbury's