Director/PDMR Shareholding

RNS Number : 5212R
Sainsbury(J) PLC
30 April 2009
 



30 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 30 April 2009 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 30 April 2009 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director

Number of 
Partnership 
shares 
purchased at 
329.50 pence 
per share

Number of 
Matching Shares allocated

Total holding following notification

Justin King

35

9

549,051

Darren Shapland

35

8

442,443





Person Discharging Managerial Responsibility




Gwyn Burr

35

9

80,638

Tim Fallowfield

35

8

180,166

Angela Morrison

35

9

13,417

Neil Sachdev

35

9

48,305

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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