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Sainsbury(J) PLC (SBRY)

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Monday 13 May, 2019

Sainsbury(J) PLC

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 284/7 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

+44 (0)207 695 8066

 

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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