REG - Sainsbury(J) PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">SBRY.L</Origin>

J SainsburyAnnouncement

22/11/2016 15:10

RNS Number : 8614P
Sainsbury(J) PLC
22 November 2016
22 November 2016
J Sainsbury plc
Director/PDMR Shareholding
J Sainsbury plc (the 'Company') provides notification of the release of the first tranche of a Conditional Share Award granted to Edward Barker, Interim Chief Financial Officer, under the J Sainsbury plc Conditional Share Award Plan. The Conditional Share Award was granted to Edward Barker on 20 November 2014 over 41,384 ordinary shares of 284/7pence each in the Company ('Shares').
PDMR
Number of Shares Vested
Number of Shares Sold 
Edward Barker
41,384
41,384
(1) 19,490 Shares were sold on 21 November 2016 to cover tax withholdings. The Shares were sold on the London Stock Exchange at an average price of 2.345 per Share. 
(2) Edward Barker sold the remaining 21,894 Shares on 22 November 2016 on the London Stock Exchange at a price of 2.37 per Share.
The Notification of Dealing Forms can be found below.
This notification is made in accordance with the EU Market Abuse Regulation.
For further information please contact:
Lucy Glover
Senior Assistant Company Secretary
Tel: +44 (0)20 7695 8066
Notification of dealing forms
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Edward Barker
2 
Reason for the notification 
a) 
Position/status 
Interim 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 
N/A
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 
Identification code 
Ordinary shares of 284/7 pence each
ISIN: GB00B019KW72
b) 
Nature of the transaction 
Release of a Conditional Share Award. Sale of shares to cover tax withholdings.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
2.345
19,490
d) 
Aggregated information
- Aggregated volume 
- Price 
Aggregate Price
Aggregate Volume
Aggregate Total
2.345
19,490
45,704.05
e) 
Date of the transaction 
21 November 2016 (UTC +1)
f) 
Place of the transaction 
XLON
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Edward Barker
2 
Reason for the notification 
a) 
Position/status 
Interim 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 
N/A
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 
Identification code 
Ordinary shares of 284/7 pence each
ISIN: GB00B019KW72
b) 
Nature of the transaction 
Sale of shares following the release of a Conditional Share Award.
 
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
2.37
21,894
d) 
Aggregated information
- Aggregated volume 
- Price 
Aggregate Price
Aggregate Volume
Aggregate Total
2.37
21,894
51,888.78
e) 
Date of the transaction 
22 November 2016 (UTC +1)
f) 
Place of the transaction 
XLON

This information is provided by RNS
The company news service from the London Stock Exchange
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