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RNS Number : 0192M
Sainsbury(J) PLC
10 July 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 dischargingmanagerial responsibilities/director
Michael Andrew Coupe
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
Michael Andrew Coupe
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
Michael Andrew Coupe
8. State the nature of the transaction
Awards have been granted under J Sainsbury Long term incentive plan 2006.
9. Number of shares, debentures or financial instruments relating to shares
acquired
N.A.
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
N.A.
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
N.A.
14. Date and place of transaction
N.A.
15. Total holding following notification and total percentage holding
following notification (any treasury shares should not be taken into account
when calculating percentage)
960,487 shares (remains unchanged following this announcement)
16. Date issuer informed of transaction
N.A.
If a person discharging managerial responsibilities has been granted options
by the issuer complete the following boxes
17. Date of grant
10 July 2014
18. Period during which or date on which it can be exercised
May 2017 - May 2019
19. Total amount paid (if any) for grant of the option
nil
20. Description of shares or debentures involved (class and number)
Ordinary shares 28 4/7p each
Core award 62,045 shares, maximum award 248,180 shares
21. Exercise price (if fixed at time of grant) or indication that price is to
be fixed at the time of exercise
nil
22. Total number of shares or debentures over which options held following
notification
23. Any additional information
· Awards have been granted under J Sainsbury Long term incentive plan
2006 which is a nil cost option plan.
· A core award of shares is granted, which would become exercisable if
the performance conditions are met in full at the end of the performance
period. The core award could be multiplied up to four times.
· The notification that we were to make this award was made within the
stock exchange announcement made on 29 January 2014 and within the Annual
Report and Financial Statements 2014.
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 10 July 2014
This information is provided by RNS
The company news service from the London Stock Exchange