Director/PDMR Shareholding

RNS Number : 3846N

Sainsbury(J) PLC

08 May 2018

 

8 May 2018

J Sainsbury plc

Director/PDMR Shareholding

J Sainsbury plc (the "Company") was notified that, on 4 May 2018, the following Directors and Persons Discharging Managerial Responsibility (together "PDMRs") exercised awards granted under the J Sainsbury plc Long Term Incentive Plan 2006. The awards exercised were granted in May 2014 and May 2015 as nil-cost options over ordinary shares of 28^4/7 pence each in the Company (the "Shares") and vested in two tranches, 50% after 4 years and 50% after 3 years respectively in accordance with the achievement of the performance conditions.   

PDMRs	Number of Shares Exercised	Number of Shares sold (2)	Number of Shares retained
Mike Coupe (Director)	279,024	131,715(1)	147,309
John Rogers (Director)	154,072	72,747(1)	81,325
Tim Fallowfield	70,947	70,947	0
Peter Griffiths	88,472	41,753(1)	46,719
Paul Mills-Hicks(3)	85,251	40,249(1)	45,002
Angie Risley	96,600	96,600	0

(1)   Sufficient Shares were sold to cover tax withholding obligations and the balance was retained.

(2)   The Shares were sold on the London Stock Exchange at an average price of £3.014 per Share.

(3)   The retained Shares were transferred to a closely associated person.

The Company was notified that, on 4 May 2018, the following PDMRs exercised awards granted under the J Sainsbury plc Deferred Share Award 2009. The awards exercised were granted in May 2016 as nil-cost options over Shares in the Company.

PDMRs	Number of Shares Exercised	Number of Shares sold (2)	Number of Shares retained
Mike Coupe (Director)	329,676	154,948(1)	174,728
John Rogers (Director)	198,820	93,445(1)	105,375
Tim Fallowfield	81,784	81,784	0
Peter Griffiths	92,945	43,685(1)	49,260
Paul Mills-Hicks(3)	106,560	50,0841)	56,476
Angie Risley	111,356	111,356	0

(1)   Sufficient shares were sold to cover tax withholding obligations and the balance was retained.

(2)   The Shares were sold on the London Stock Exchange at an average price of £3.014 per Share.

(3)   The retained shares were transferred to a closely associated person.

The Company was notified that, on 4 May 2018, the following PDMRs exercised options under the Savings-Related Share Option Scheme. The options exercised were granted in December 2014 at an option price of £2.13 per Share.

PDMR	Number of Shares Exercised	Number of Shares sold (1)	Number of Shares retained
Tim Fallowfield	3,042	3,042	0
Angie Risley	4,225	4,225	0

(1)   The Shares were sold on the London Stock Exchange at an average price of £3.0017 per Share.

Following the above transactions, the number of Shares held by the PDMRs is as follows:

PDMRs	Number of Shares
Mike Coupe	1,602,727
John Rogers	937,636
Tim Fallowfield	540,922
Peter Griffiths	156,002
Paul Mills - Hicks	254,600
Angie Risley	105,956

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:

Bunmi Likinyo

Interim 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
Transaction 1
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	Exercise of options granted in May 2014 and May 2015 under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 279,024
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 2
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	Sale of shares sufficient to cover tax withholding obligations arising on exercising the aforesaid options under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 131,715
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	XLON

Transaction 3
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	Exercise of an option granted in May 2016 under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 329,676
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 4
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	Sale of shares sufficient to cover tax withholding obligations arising on exercising the aforesaid option under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 154,948
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
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
Transaction 1
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	Exercise of options granted in May 2014 and May 2015 under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 154,072
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 2
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	Sale of shares sufficient to cover tax withholding obligations arising on exercising the aforesaid options under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 72,747
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	XLON

Transaction 3
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	Exercise of an option granted in May 2016 under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 198,820
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 4
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	Sale of shares sufficient to cover tax withholding obligations arising on exercising the aforesaid option under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 93,445
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
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
Transaction 1
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	Exercise of options granted in May 2014 and May 2015 under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 70,947
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 2
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	Sale of shares following the exercise of the aforesaid options under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 70,947
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	XLON

Transaction 3
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	Exercise of an option granted in May 2016 under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 81,784
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 4
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	Sale of shares following the exercise of the aforesaid option under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 81,784
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	XLON
Transaction 5
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	Exercise of an option granted in December 2014 under the Savings-Related Share Option Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.13 3,042
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 6
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	Sale of shares following the exercise of the aforesaid option under the Savings-Related Share Option Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.0017 3,042
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
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
Transaction 1
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	Exercise of options granted in May 2014 and May 2015 under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 88,472
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 2
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	Sale of shares sufficient to cover tax withholding obligations arising on exercising the aforesaid options under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 41,753
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	XLON

Transaction 3
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	Exercise of an option granted in May 2016 under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 92,945
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 4
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	Sale of shares sufficient to cover tax withholding obligations arising on exercising the aforesaid option under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 43,685
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
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
Transaction 1
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	Exercise of options granted in May 2014 and May 2015 under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 85,251
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 2
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	Sale of shares sufficient to cover tax withholding obligations arising on exercising the aforesaid options under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 40,249
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	XLON

Transaction 3
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	Exercise of an option granted in May 2016 under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 106,560
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 4
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	Sale of shares sufficient to cover tax withholding obligations arising on exercising the aforesaid option under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 50,084
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	XLON
Transaction 5
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	Transfer of Shares to a Closely Associated Person
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 101,478
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue

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
Transaction 1
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	Exercise of options granted in May 2014 and May 2015 under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 96,600
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 2
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	Sale of shares following the exercise of the aforesaid options under the Long Term Incentive Plan 2006
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 96,600
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	XLON
Transaction 3
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	Exercise of an option granted in May 2016 under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £nil 111,356
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 4
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	Sale of shares following the exercise of the aforesaid option under the Deferred Share Award 2009
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.014 111,356
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	XLON
Transaction 5
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	Exercise of an option granted in December 2014 under the Savings-Related Share Option Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) £2.13 4,225
d)	Aggregated information - Aggregated volume - Price	N/A
e)	Date of the transaction	4 May 2018
f)	Place of the transaction	Outside a trading venue
Transaction 6
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	Sale of shares following the exercise of the aforesaid option under the Savings-Related Share Option Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.0017 4,225
d)	Aggregated information - Aggregated volume - Price	N/A
Date of the transaction		4 May 2018
f)	Place of the transaction	XLON

 

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