Director/PDMR Shareholding

RNS Number : 3236T

Sainsbury(J) PLC

03 June 2009

 



3 June 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 3 June 2009 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 28 May 2009 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director	Number of Partnership shares purchased at 332.00 pence per share	Number of Matching Shares allocated	Total holding following notification
Justin King	35	8	549,094
Darren Shapland	36	9	442,488
Person Discharging Managerial Responsibility
Gwyn Burr	35	8	80,681
Tim Fallowfield	36	9	180,211
Angela Morrison	35	8	13,460
Neil Sachdev	36	9	48,350

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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