Director/PDMR Shareholding

RNS Number : 2187T

Sainsbury(J) PLC

01 October 2014

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1. Name of the issuer

J Sainsbury plc

2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). 

(i)

3. Name of person discharging managerial responsibilities/director

Jon Rudoe

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N.A.

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest¹

Jon Rudoe

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares 28 ⁴/₇p each

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Jon Rudoe

8. State the nature of the transaction

Automatic exercise by the issuer of share awards.  Shares sold to fund income tax and National Insurance liabilities, and the balance of shares retained under the following share plan:

Conditional Share Award - granted in 2012 and released in 2014: 29,721 shares

Total shares acquired 29,721 shares of which 13,997 have been sold to fund income tax and National Insurance liabilities. 15,724 Shares have been retained.

9. Number of shares, debentures or financial instruments relating to shares acquired          

Total shares acquired 29,721 shares of which 13,997 have been sold to fund income tax and National Insurance liabilities. 15,724 Shares have been retained.

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N.A.

11. Number of shares, debentures or financial instruments relating to shares disposed        

 13,997 shares have been sold to fund income tax and National Insurance liabilities.   

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N.A.

13. Price per share or value of transaction                       

£2.50

14. Date and place of transaction

26 September 2014, London

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

34,329 shares

16. Date issuer informed of transaction

30 September 2014

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant                                               

18. Period during which or date on which it can be exercised

19. Total amount paid (if any) for grant of the option

20. Description of shares or debentures involved (class and number)

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22. Total number of shares or debentures over which options held following notification

23. Any additional information                            

24. Name of contact and telephone number for queries

Hazel Jarvis     020 7695 6378

Name and signature of duly authorised officer or issuer responsible for making notification

Hazel Jarvis

DATE OF NOTIFICATION 1 October 2014

 

END

 

 

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