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

J SainsburyAnnouncement

17/05/2017 09:45

RNS Number : 4088F
Sainsbury(J) PLC
17 May 2017
17 May 2017
J Sainsbury plc
Director/PDMR Shareholding
J Sainsbury plc (the Company) was notified of the following exercises of awards on 16 May 2017 granted under the J Sainsbury plc Long Term Incentive Plan 2006 by Directors of the Company and Persons Discharging Managerial Responsibility (PDMRs). The awards exercised were granted on 15 May 2014 as nil-cost options over ordinary shares of 284/7 pence each in the Company (the Shares) and vest in two tranches, 50% after 3 years and 50% after 4 years, in accordance with the achievement of the performance conditions. 
PDMRs
Number of Shares Exercised
Number of Shares sold (1)
Number of Shares retained
Mike Coupe (Director)
77,392
36,448
40,944
John Rogers (Director)
46,371
21,839
24,532
Tim Fallowfield
21,353
21,353
0
Peter Griffiths
25,039
11,792
13,247
Jon Hartland
11,360
11,360
0
Paul Mills-Hicks(2)
20,866
9,827
11,039
Angie Risley
29,074
13,693
15,381
Richard Newsome
10,819
5,096
5,723
(1) Sufficient shares were sold to cover tax withholdings. The Shares were sold on the London Stock Exchange at an average price of 2.66 per Share.
(2) The retained shares were transferred to their spouse.
(3) The number of shares over which each award became exercisable was increased in respect of dividends accrued on the shares which vested.
Following the above transactions John Rogers and Michael Coupe held 750,333 Shares and 1,280,690 Shares respectively.
The Notification of Dealing Forms for each PDMR can be found below.
This notification is made in accordance with the requirements of the Market Abuse Regulation.
For further information please contact:
Lucy Glover
Senior Assistant Company Secretary
+44 (0)20 7695 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 
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 
Identification code 
Ordinary shares of 284/7 pence each
ISIN: GB00B019KW72
b) 
Nature of the transaction 
Exercise of options under the Long Term Incentive Plan 2006
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
nil
77,392
d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
Transaction 2
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 to cover tax withholdings arising on exercising options under the Long Term Incentive Plan 2006
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
2.66
36,448
d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
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 
Transaction 1
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 
Exercise of options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
nil
46,371


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
Transaction 2
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 to cover tax withholdings arising on exercising options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
2.66
21,839


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
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 
Identification code 
Ordinary shares of 284/7 pence each
ISIN: GB00B019KW72
b) 
Nature of the transaction 
Exercise of options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
nil
21,353


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
Transaction 2
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 exercise of options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
2.66
21,353


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
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
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 
Identification code 
Ordinary shares of 284/7 pence each
ISIN: GB00B019KW72
b) 
Nature of the transaction 
Exercise of options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
nil
25,039


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
Transaction 2
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 to cover tax withholdings arising on exercising options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
2.66
11,792


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
Notification of dealing form
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Jon Hartland
2 
Reason for the notification 
a) 
Position/status 
Acting 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 
Transaction 1
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 
Exercise of options under the Long Term Incentive Plan 2006 and sale of shares.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
nil
11,360


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
Transaction 2
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 exercise of options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
2.66
11,360


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
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 
Transaction 1
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 
Exercise of options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
nil
20,866


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
Transaction 2
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 to cover tax withholdings arising on exercising options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
2.66
9,827


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
Transaction 3
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 
Transfer of the remaining shares to spouse.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
nil
11,039


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
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 
Identification code 
Ordinary shares of 284/7 pence each
ISIN: GB00B019KW72
b) 
Nature of the transaction 
Exercise of options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
nil
29,074


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
Transaction 2
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 to cover tax withholdings arising on exercising options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
2.66
13,693


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
Notification of dealing form
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
Richard Newsome
2 
Reason for the notification 
a) 
Position/status 
Acting Digital and Technology 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 
Identification code 
Ordinary shares of 284/7 pence each
ISIN: GB00B019KW72
b) 
Nature of the transaction 
Exercise of options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
nil
10,819


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON
Transaction 2
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 to cover tax withholdings arising on exercising options under the Long Term Incentive Plan 2006.
c) 
Price(s) and volume(s) 
Price(s)
Volume(s)
2.66
5,096


d) 
Aggregated information
- Aggregated volume 
- Price 
N/A
e) 
Date of the transaction 
16 May 2017
f) 
Place of the transaction 
XLON

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