Director/PDMR Shareholding

RNS Number : 4060O
Sainsbury(J) PLC
05 March 2009
 



5 March 2009

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 March 2009 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on March 2009 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director

Number of Partnership shares 
purchased at 300.75 pence per share

Number of Matching Shares allocated

Total holding following notification

Justin King

39

10

548,962

Darren Shapland

38

10

442,355





Person Discharging Managerial Responsibility




Gwyn Burr

38

10

80,549

Tim Fallowfield

38

10

178,853

Angela Morrison

39

10

13,328

Neil Sachdev

39

10

48,218

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'.


This information is provided by RNS
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