Director/PDMR Shareholding

RNS Number : 6440Z

Sainsbury(J) PLC

22 July 2008

 



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    

Darren Mark Shapland

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 

Darren Mark Shapland

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

Darren Mark Shapland

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 at nil cost to participant.

Of the 252,729 shares retained, 58,000 shares will be sold on Wednesday 23 July 2008 into the J Sainsbury Self Invested Pension Plan.

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

428,811 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    

176,082 shares sold to fund the income tax and National Insurance liability

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        

295.5p

14. Date and place of transaction 

21 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) 

 442,025 shares

16. Date issuer informed of transaction 

22 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 252,729 shares released into the name of Darren Mark Shapland, 58,000 shares will be sold on Wednesday 23 July 2008 into the J Sainsbury Self Invested Pension Plan.

The total holding will remain at 442,025 following this transaction.

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

22 July 2008

 

END

 

 

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