Director/PDMR Shareholding

RNS Number : 6615J
Sainsbury(J) PLC
01 April 2010
 



1 April 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 1 April 2010 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 1 April 2010 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director

Number of Partnership shares purchased at 328.40 pence per share

Number of Matching Shares allocated

Total holding following notification

Justin King

36

9

1,742,485

Darren Shapland

35

8

873,972

Person Discharging Managerial Responsibility




Gwyn Burr

35

9

439,496

Tim Fallowfield

35

8

372,383

Neil Sachdev

35

9

107,217

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
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