Director/PDMR Shareholding

RNS Number : 8679Y

Sainsbury(J) PLC

13 May 2019

 

13 May 2019

J Sainsbury plc

(the 'Company')

Director/PDMR Shareholding

On 9 May 2019, the following Directors and Persons Discharging Managerial Responsibility ('PDMRs') were granted awards under the J Sainsbury plc Long Term Incentive Plan 2016.  The awards were granted as nil-cost options over ordinary shares of 28^4/7 pence each in the Company (the 'Shares') as set out below:

Future Builder Awards ('FBA')

PDMRs	Core Award Number of Shares	Maximum Award Number of Shares
Mike Coupe (Director)	279,635	1,118,540
Kevin O'Byrne (Director)	148,201	592,804
John Rogers (Director)	164,895	659,580
Tim Fallowfield	71,481	285,924
Peter Griffiths	108,305	433,220
Phillip Jordan	109,843	439,372
Paul Mills-Hicks	109,843	439,372
Clodagh Moriarty	73,229	292,916
Angie Risley	90,766	363,064
Simon Roberts	128,046	512,184

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

(2)   The FBA for Mike Coupe, Kevin O'Byrne and John Rogers will normally be subject to an additional holding period meaning that any vested FBA 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 of their Core Award.

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

Deferred Share Awards ('DSA')

PDMRs	Number of Shares
Mike Coupe (Director)	265,379
Kevin O'Byrne (Director)	143,843
John Rogers (Director)	160,045
Tim Fallowfield	68,523
Peter Griffiths	98,159
Phillip Jordan	105,296
Paul Mills-Hicks	105,296
Clodagh Moriarty	66,147
Angie Risley	87,009
Simon Roberts	122,745

(1)   The DSA were granted based on performance during the 2018/19 financial year.

(2)   The DSA vest following a two-year deferral period. 

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

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

This notification is made in accordance with the requirements of Market Abuse Regulation Article 19.

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	Group 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	Ordinary shares of 284/7 pence each
	Identification code	ISIN: GB00B019KW72
b)	Nature of the transaction	Awards 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	1,383,919
d)	Aggregated information	Aggregated price	Aggregated volume
		N/A	N/A
e)	Date of the transaction	09 May 2019
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	Ordinary shares of 284/7 pence each
	Identification code	ISIN: GB00B019KW72
b)	Nature of the transaction	Awards 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	736,647
d)	Aggregated information	Aggregated price	Aggregated volume
		N/A	N/A
e)	Date of the transaction	09 May 2019
f)	Place of the transaction	Outside 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	Ordinary shares of 284/7 pence each
	Identification code	ISIN: GB00B019KW72
b)	Nature of the transaction	Awards 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	819,625
d)	Aggregated information	Aggregated price	Aggregated volume
		N/A	N/A
e)	Date of the transaction	09 May 2019
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	Ordinary shares of 284/7 pence each
	Identification code	ISIN: GB00B019KW72
b)	Nature of the transaction	Awards 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	354,447
d)	Aggregated information	Aggregated price	Aggregated volume
		N/A	N/A
e)	Date of the transaction	09 May 2019
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 plc
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	Ordinary shares of 284/7 pence each
	Identification code	ISIN: GB00B019KW72
b)	Nature of the transaction	Awards 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	531,379
d)	Aggregated information	Aggregated price	Aggregated volume
		N/A	N/A
e)	Date of the transaction	09 May 2019
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	Ordinary shares of 284/7 pence each
	Identification code	ISIN: GB00B019KW72
b)	Nature of the transaction	Awards 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	544,668
d)	Aggregated information	Aggregated price	Aggregated volume
		N/A	N/A
e)	Date of the transaction	09 May 2019
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	Ordinary shares of 284/7 pence each
	Identification code	ISIN: GB00B019KW72
b)	Nature of the transaction	Awards 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	544,668
d)	Aggregated information	Aggregated price	Aggregated volume
		N/A	N/A
e)	Date of the transaction	09 May 2019
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	Clodagh Moriarty
2	Reason for the notification
a)	Position/status	Group Chief Digital 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	Ordinary shares of 284/7 pence each
	Identification code	ISIN: GB00B019KW72
b)	Nature of the transaction	Awards 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	359,063
d)	Aggregated information	Aggregated price	Aggregated volume
		N/A	N/A
e)	Date of the transaction	09 May 2019
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	Ordinary shares of 284/7 pence each
	Identification code	ISIN: GB00B019KW72
b)	Nature of the transaction	Awards 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	450,073
d)	Aggregated information	Aggregated price	Aggregated volume
		N/A	N/A
e)	Date of the transaction	09 May 2019
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	Ordinary shares of 284/7 pence each
	Identification code	ISIN: GB00B019KW72
b)	Nature of the transaction	Awards 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	634,929
d)	Aggregated information	Aggregated price	Aggregated volume
		N/A	N/A
e)	Date of the transaction	09 May 2019
f)	Place of the transaction	Outside a trading venue

 

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