Director/PDMR Shareholding

RNS Number : 9738N

Sainsbury(J) PLC

14 May 2018

 

14 May 2018

J Sainsbury plc

Director/PDMR Shareholding

J Sainsbury plc (the "Company") announces that on 11 May 2018, the following Directors and Persons Discharging Managerial Responsibility (together ''PDMRs'') were granted awards over ordinary shares of 28^4/7 pence each in the Company ("Shares") as set out below:

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

PDMRs	Core Award Number of Shares	Maximum Award Number of Shares
Mike Coupe (Director)	200,065	800,260
Kevin O'Byrne (Director)	106,030	424,120
John Rogers (Director)	117,974	471,896
Tim Fallowfield	51,141	204,564
Peter Griffiths	77,487	309,948
Paul Mills-Hicks	78,587	314,348
Angie Risley	64,939	259,756
Simon Roberts	91,610	366,440
Phillip Jordan	78,587	314,348

(1)   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. 

(2)   The awards for Mike 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. 

(3)   Should maximum vesting be achieved, participants would receive four times the number of Shares in the core award.

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

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

Deferred Share Awards (Nil-cost options)

PDMRs	Number of Shares
Mike Coupe (Director)	252,003
Kevin O'Byrne (Director)	136,592
John Rogers (Director)	151,978
Tim Fallowfield	65,069
Peter Griffiths	88,055
Paul Mills-Hicks	101,989
Angie Risley	82,623
Simon Roberts	114,321

(1)   The awards were granted based on performance during the 2017/18 financial year.

(2)   The awards 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:

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
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		Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 800,260 nil 252,003
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 1,052,263 nil
e)	Date of the transaction		11 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	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		Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 424,120 nil 136,592
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 560,712 nil
e)	Date of the transaction		11 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	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		Award of nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 471,896 nil 151,978
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 623,874 nil
e)	Date of the transaction		11 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	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		Awardof  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 204,564 nil 65,069
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 269,633 nil
e)	Date of the transaction		11 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	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		Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 309,948 nil 88,055
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 398,003 nil
e)	Date of the transaction		11 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	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		Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 314,348 nil 101,989
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 416,337 nil
e)	Date of the transaction		11 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
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		Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 259,756 nil 82,623
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 342,379 nil
e)	Date of the transaction		11 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	Simon Roberts
2	Reason for the notification
a)	Position/status	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		Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 366,440 nil 114,321
d)	Aggregated information - Aggregated volume - Price		Aggregate Price Aggregate Volume Aggregate Total nil 480,761 nil
e)	Date of the transaction		11 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	Phillip Jordan
2	Reason for the notification
a)	Position/status	Group Chief Information 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		Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016
c)	Price(s) and volume(s)		Price(s) Volume(s) nil 314,348
d)	Aggregated information - Aggregated volume - Price		N/A
e)	Date of the transaction		11 May 2018
f)	Place of the transaction		Outside a trading venue

 

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