Director/PDMR Shareholding

RNS Number : 0365Q

Sainsbury(J) PLC

02 April 2009

 



2 April 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 2 April 2009 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 2 April 2009 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director	Number of Partnership shares purchased at 320.26 pence per share	Number of Matching Shares allocated	Total holding following notification
Justin King	36	9	549,007
Darren Shapland	36	9	442,400
Person Discharging Managerial Responsibility
Gwyn Burr	36	9	80,594
Tim Fallowfield	36	9	180,193
Angela Morrison	36	9	13,373
Neil Sachdev	35	8	48,261

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'.

 

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