Director/PDMR Shareholding

RNS Number : 2414W
Sainsbury(J) PLC
24 July 2009
 



24 July 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 23 July 2009 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 23 July 2009 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director

Number of Partnership shares purchased at 322.00 pence per share

Number of Matching Shares allocated

Total holding following notification

Justin King

36

9

1,160,180

Darren Shapland

36

9

787,131





Person Discharging Managerial Responsibility




Gwyn Burr

36

9

80,773

Tim Fallowfield

36

9

332,428

Angela Morrison

36

9

131,796

Neil Sachdev

35

9

48,440

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
The company news service from the London Stock Exchange
 
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