Director/PDMR Shareholding

RNS Number : 4052O

Sainsbury(J) PLC

05 March 2009

 



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

Neil Sachdev

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 interest

Neil Sachdev - J Sainsbury plc Restricted Share Plan 

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary Shares 284/7 p each

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

n/a

8 State the nature of the transaction

Release of shares from Restricted Share Plan

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

40,617 shares acquired at nil cost. 16,653 shares sold to cover income tax and National Insurance Contributions with remaining balance of 23,964 shares retained

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

16,653 shares were sold to cover income tax and National Insurance Contributions

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

Shares sold at £2.9003

14. Date and place of transaction

4 March 2009

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

48,169

16. Date issuer informed of transaction

5 March 2009

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

24. Name of contact and telephone number for queries

Hazel Jarvis 0207 695 6378

Name and signature of duly authorised officer of issuer responsible for making notification

Hazel Jarvis

 

END

 

 

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