Director/PDMR Shareholding

RNS Number : 2160O

Sainsbury(J) PLC

24 June 2010

 



24 June 2010

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 24 June 2010 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 24 June 2010 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director	Number of Partnership shares purchased at 328.50 pence per share	Number of Matching Shares allocated	Total holding following notification
Justin King	35	9	1,742,616
Darren Shapland	35	9	874,104
Person Discharging Managerial Responsibility
Gwyn Burr	35	9	193,327
Tim Fallowfield	35	9	327,705
Neil Sachdev	35	8	72,781

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'.

 

END

 

 

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