Director/PDMR Shareholding -

RNS Number : 2085I
Sainsbury(J) PLC
14 November 2008
 



14 November 2008 replacement for announcement made on 13 November at 15:54 under RNS No
1342I 
.

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 13 November 2008 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 13 November 2008 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director

Number of Partnership shares purchased at 285.0 pence per share

Number of Matching Shares allocated

Total holding following notification

Justin King

40

10

548,778

Darren Shapland

40

10

442,172





Person Discharging Managerial Responsibility




Gwyn Burr

41

10

80,366

Tim Fallowfield

40

10

178,670

Angela Morrison

40

10

13,144

Neil Sachdev

40

10

24,070

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'.


Note

Change to announcement made yesterday was to share purchase price.


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