Information  X 
Enter a valid email address

Sainsbury(J) PLC (SBRY)

  Print          Annual reports

Monday 10 May, 2021

Sainsbury(J) PLC

Director/PDMR Shareholding

RNS Number : 0743Y
Sainsbury(J) PLC
10 May 2021
 

 

 10 May 2021

 

J Sainsbury plc

(the 'Company')

 

Directors/PDMRs Shareholding

 

The Company was notified that, on 6 May 2021, the following Directors and Persons Discharging Managerial Responsibility ('PDMRs') exercised Future Builder awards granted under the J Sainsbury plc Long Term Incentive Plan 2016. The awards exercised were granted as nil-cost options over ordinary shares of 284/7 pence each in the Company ('Shares') and vested in two tranches, 50% after three years and 50% after four years, in accordance with the achievement of the performance conditions. 

 

PDMRs

Number of Shares Exercised

Number of Shares sold (1)

Number of Shares retained

Simon Roberts (Director)

279,623

131,687 (2)

147,936

Tim Fallowfield

156,094

156,094

0

Mark Given

63,413

29,864 (2)

33,549

Mike Luck

50,742

33,804 (3)

16,938

Philip Jordan

242,518

114,213 (2)

128,305

Clodagh Moriarty

58,432

27,518 (2)

30,914

Angie Risley

198,207

198,207

0

 

(1)  The Shares were sold on the London Stock Exchange at an average price of £2.4671 per Share.

(2)  Sufficient Shares were sold to cover tax withholding obligations and the balance was retained.

(3)  Some Shares were sold in full. The remaining Shares were sold to cover tax withholding obligations and the balance was retained.

 

The Company was also notified that, on 6 May 2021, the following PDMRs exercised Deferred Share awards granted under the J Sainsbury plc Long Term Incentive Plan 2016. The awards exercised were granted as nil-cost options over Shares and vested after two years.

 

PDMRs

Number of Shares Exercised

Number of Shares sold (1)

Number of Shares retained

Simon Roberts (Director)

135,574

63,848 (2)

71,726

Kevin O'Byrne (Director)

158,880

74,824 (2)

84,056 (3)

Tim Fallowfield

75,685

75,685

0

Mark Given

45,689

21,517 (2)

24,172

Mike Luck

31,566

31,566

0

Philip Jordan

116,302

54,771 (2)

61,531

Clodagh Moriarty

73,060

34,408 (2)

38,652

Angie Risley

96,104

96,104

0

 

(1)  The Shares were sold on the London Stock Exchange at an average price of £2.4671 per Share.

(2)  Sufficient Shares were sold to cover tax withholding obligations and the balance was retained.

(3)  The retained Shares were transferred to a closely associated person.

 

On 6 May 2021, Shares were released to the following PDMRs granted under the J Sainsbury plc Long Term Incentive Plan 2016. There were no performance conditions applicable on the awards. The Shares were released on the date of vesting, with sufficient Shares sold to cover tax withholding obligations only.

 

PDMRs

Number of Shares released

Number of Shares sold (1)(2)

Number of Shares retained

Rhian Bartlett

50,712

23,883

26,829

Mark Given

45,739

21,541

24,198

Mike Luck

8,231

3,876

4,355

 

(1)  The Shares were sold on the London Stock Exchange at an average price of £2.4671 per Share.

(2)  Sufficient Shares were sold to cover tax withholding obligations and the balance was retained.

 

The Company was notified that, on 6 May 2021, the following PDMR had exercised options over Shares at an option price of £1.84 per Share, granted in December 2017 under the J Sainsbury 1980 Savings-Related Share Option Scheme (known as Sharesave).

 

PDMR

Number of Shares Exercised

Number of Shares sold

Number of Shares retained

Clodagh Moriarty

3,032

0

3,032

 

The Company was further notified that, on 6 May 2021, the following PDMR had sold Shares.

 

PDMR

Number of Shares Sold (1)

Angie Risley

250,000

 

(1)  The Shares were sold on the London Stock Exchange at an average price of £2.4724 per Share.

 

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

 

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

 

For further information please contact:

 

Enquiries  

 

Investor Relations: James Collins +44 (0) 20 7695 0080  

 

Media: Rebecca Reilly +44 (0) 20 7695 7295  

 

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

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

 


Transaction 1

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

415,197

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

f)

Place of the transaction

Outside a trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

 

b)

Nature of the transaction

Sale of sufficient Shares to cover tax withholding obligations arising on exercising the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4671

195,535

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)



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

 


Transaction 1

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

158,880

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

Outside a trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

 

b)

Nature of the transaction

Sale of sufficient Shares to cover tax withholding obligations arising on exercising the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4671

74,824

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)


Transaction 3

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Transfer of remaining Shares to a Closely Associated Person

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

84,056

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

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

 


Transaction 1

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

231,779

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

Outside a trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Sale of Shares following the exercise of the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4671

231,779

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Mark Given

2

Reason for the notification

 

a)

Position/status

Chief Marketing 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

 


Transaction 1

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

109,102

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

f)

Place of the transaction

Outside a trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

 

b)

Nature of the transaction

Sale of sufficient Shares to cover tax withholding obligations arising on exercising the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4671

51,381

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)


Transaction 3

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

 

b)

Nature of the transaction

Release of Shares under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

45,739

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

Outside a trading venue


Transaction 4

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

 

b)

Nature of the transaction

Sale of sufficient Shares to cover tax withholding obligations arising on the aforesaid release of Shares under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4671

21,541

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Mike Luck

2

Reason for the notification

 

a)

Position/status

General Merchandise & Clothing 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

 


Transaction 1

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

82,308

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

f)

Place of the transaction

Outside a trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

 

b)

Nature of the transaction

Sale of Shares following the exercise of the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4671

65,370

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)


Transaction 3

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

 

b)

Nature of the transaction

Release of Shares under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

8,231

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

Outside a trading venue


Transaction 4

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

 

b)

Nature of the transaction

Sale of sufficient Shares to cover tax withholding obligations arising on the aforesaid release of Shares under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4671

3,876

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Philip Jordan

2

Reason for the notification

 

a)

Position/status

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

 


Transaction 1

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

358,820

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

Outside a trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Sale of sufficient Shares to cover tax withholding obligations arising on exercising the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4671

168,984

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)

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

 


Transaction 1

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

131,492

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

Outside a trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Sale of sufficient Shares to cover tax withholding obligations arising on exercising the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4671

61,926

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)


Transaction 3

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Exercise of options granted in December 2017 under the J Sainsbury 1980 Savings-Related Share Option Scheme

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.84

3,032

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

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

 


Transaction 1

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£nil

294,311

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

Outside a trading venue


Transaction 2

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Sale of Shares following the exercise of the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4671

294,311

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)


Transaction 3

a)

Description of the financial instrument, type of instrument

Ordinary shares of 28 4 /7 pence each

 

Identification code

ISIN: GB00B019KW72

b)

Nature of the transaction

Sale of Ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4724

250,000

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

6 May 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHDKKBPFBKKNPD

a d v e r t i s e m e n t