Director/PDMR Shareholding

RNS Number : 3452R
Sainsbury(J) PLC
19 August 2010
 



19 August 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 19 August 2010 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 19 August 2010 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director

Number of Partnership shares purchased at 356.70 pence per share

Number of Matching Shares allocated

Total holding following notification

Justin King

32

8

1,442,697

Darren Shapland

32

8

916,763





Person Discharging Managerial Responsibility




Helen Buck

32

8

165,772

Gwyn Burr

32

8

193,408

Tim Fallowfield

32

8

345,249

Neil Sachdev

33

8

72,864

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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