Director/PDMR Shareholding

RNS Number : 0412F

Sainsbury(J) PLC

12 May 2017

 

12 May 2017

J Sainsbury plc

Director/PDMR Shareholding

J Sainsbury plc (the Company) announces the following awards made to Directors of the Company and Persons Discharging Managerial Responsibility (PDMRs) on 11 May 2017.

 Future Builder awards - long-term incentive awards (Nil-cost options)

PDMRs	Core Award Number of Shares	Maximum Award Number of Shares
Michael Coupe (Director)3	220,773	883,092
Kevin O'Byrne (Director)3	117,006	468,024
John Rogers (Director)3	130,186	520,744
Timothy Fallowfield	56,435	225,740
Peter Griffiths	85,508	342,032
Jon Hartland	20,605	82,420
Paul Mills-Hicks	76,957	307,828
Angela Risley	71,660	286,640
Richard Newsome	21,377	85,508

(1)   The awards were granted over ordinary shares of 28 4/7 pence each in the Company (Shares).

(2)   The awards are subject to performance conditions measured over three financial years. The awards will normally vest in two tranches, 50% after 3 years and 50% after 4 years, subject to the achievement of the performance conditions. 

(3)   The awards for Michael Coupe, Kevin O'Byrne and John Rogers will normally be subject to an additional holding period meaning that any vested awards will be released five years after the date of grant. 

(4)   A core award of Shares was granted on 11th May 2017. Should maximum vesting be achieved, participants would receive four times the number of Shares in the core award.

(5)   Dividend equivalents may be delivered (either in cash or shares) in respect of dividends accrued on any shares which subsequently vest.

(6)   The awards granted under the J Sainsbury plc Long Term Incentive Plan 2016.

Deferred Share Awards (Nil-cost options)

PDMRs	Number of Shares
Michael Coupe (Director)	267,973
John Rogers (Director)	161,610
Timothy Fallowfield	69,192
Peter Griffiths	93,604
Jon Hartland	34,105
Paul Mills-Hicks	94,353
Angela Risley	89,177
Richard Newsome	36,894

(1)   The awards were granted based on performance during the 2016/17 financial year.

(2)   The awards were granted on 11th May 2017 and become exercisable following a two year retention period. 

(3)   Dividend equivalents may be delivered (either in cash or shares) in respect of dividends accrued on any shares which subsequently vest.

(4)   The awards were granted under the J Sainsbury plc Long Term Incentive Plan 2016

The Notification of Dealing Forms for each PDMR can be found below.

This notification is made in accordance with the requirements of the Market Abuse Regulation.

For further information please contact:

Lucy Glover

Senior Assistant Company Secretary

[phone]

Notification of dealing form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mike Coupe
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	J Sainsbury plc
b)	LEI	213800VGZAAJIKJ9Y484
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 284/7 pence each ISIN: GB00B019KW72
b)	Nature of the transaction		Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 883,092 nil 267,973
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 1,151,065 nil
e)	Date of the transaction		11 May 2017
f)	Place of the transaction		XLON

Notification of dealing form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin O'Byrne
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	J Sainsbury plc
b)	LEI	213800VGZAAJIKJ9Y484
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 284/7 pence each ISIN: GB00B019KW72
b)	Nature of the transaction		Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 468,024
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 468,024 nil
e)	Date of the transaction		11 May 2017
f)	Place of the transaction		XLON

Notification of dealing form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Rogers
2	Reason for the notification
a)	Position/status	Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	J Sainsbury plc
b)	LEI	213800VGZAAJIKJ9Y484
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 284/7 pence each ISIN: GB00B019KW72
b)	Nature of the transaction		Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 520,744 nil 161,610
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 682,354 nil
e)	Date of the transaction		11 May 2017
f)	Place of the transaction		XLON

Notification of dealing form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Tim Fallowfield
2	Reason for the notification
a)	Position/status	Company Secretary and Corporate Services Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	J Sainsbury plc
b)	LEI	213800VGZAAJIKJ9Y484
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 284/7 pence each ISIN: GB00B019KW72
b)	Nature of the transaction		Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 225,740 nil 69,192
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 294,932 nil
e)	Date of the transaction		11 May 2017
f)	Place of the transaction		XLON

Notification of dealing form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Griffiths
2	Reason for the notification
a)	Position/status	CEO of Sainsbury's Bank
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	J Sainsbury plc
b)	LEI	213800VGZAAJIKJ9Y484
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 284/7 pence each ISIN: GB00B019KW72
b)	Nature of the transaction		Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 342,032 nil 93,604
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 435,636 nil
e)	Date of the transaction		11 May 2017
f)	Place of the transaction		XLON

Notification of dealing form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jon Hartland
2	Reason for the notification
a)	Position/status	Acting Retail and Operations Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	J Sainsbury plc
b)	LEI	213800VGZAAJIKJ9Y484
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 284/7 pence each ISIN: GB00B019KW72
b)	Nature of the transaction		Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 82,420 nil 34,105
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 116,525 nil
e)	Date of the transaction		11 May 2017
f)	Place of the transaction		XLON

Notification of dealing form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Mills-Hicks
2	Reason for the notification
a)	Position/status	Food Commercial Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	J Sainsbury plc
b)	LEI	213800VGZAAJIKJ9Y484
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 284/7 pence each ISIN: GB00B019KW72
b)	Nature of the transaction		Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 307,828 nil 94,353
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 402,181 nil
e)	Date of the transaction		11 May 2017
f)	Place of the transaction		XLON

Notification of dealing form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Angie Risley
2	Reason for the notification
a)	Position/status	Group HR Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	J Sainsbury plc
b)	LEI	213800VGZAAJIKJ9Y484
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 284/7 pence each ISIN: GB00B019KW72
b)	Nature of the transaction		Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 286,640 nil 86,177
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 372,817 nil
e)	Date of the transaction		11 May 2017
f)	Place of the transaction		XLON

Notification of dealing form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Newsome
2	Reason for the notification
a)	Position/status	Acting Digital and Technology Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	J Sainsbury plc
b)	LEI	213800VGZAAJIKJ9Y484
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code		Ordinary shares of 284/7 pence each ISIN: GB00B019KW72
b)	Nature of the transaction		Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 85,508 nil 36,894
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 122,402 nil
e)	Date of the transaction		11 May 2017
f)	Place of the transaction		XLON

 

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