Director/PDMR Shareholding

RNS Number : 9295A
Sainsbury(J) PLC
16 October 2009
 



16 October 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 15 October 2009 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 15 October 2009 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director

Number of Partnership shares purchased at 315.14 pence per share

Number of Matching Shares allocated

Total holding following notification

Justin King

37

9

1,160,313

Darren Shapland

36

9

787,265





Person Discharging Managerial Responsibility




Gwyn Burr

37

9

80,906

Tim Fallowfield

36

9

332,562

Neil Sachdev

37

9

48,575

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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