Director/PDMR Shareholding

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'.

 

END

 

 

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