Director/PDMR Shareholding

RNS Number : 0353G
Sainsbury(J) PLC
16 October 2008
 



16 October 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 16 October 2008 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 16 October 2008 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director

Number of Partnership shares purchased at 253.05 pence per share

Number of Matching Shares allocated

Total holding following notification

Justin King

45

11

548,728

Darren Shapland

46

11

442,122





Person Discharging Managerial Responsibility




Gwyn Burr

46

11

80,315

Tim Fallowfield

46

11

178,620

Angela Morrison

46

11

13,094

Neil Sachdev

45

11

24,020

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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