REG - Sainsbury(J) PLC - Director/PDMR Shareholding

J SainsburyAnnouncement

14/05/2018 11:10

RNS Number : 9738N
Sainsbury(J) PLC
14 May 2018
 

14 May 2018
 
J Sainsbury plc
 
Director/PDMR Shareholding
 
J Sainsbury plc (the "Company") announces that on 11 May 2018, the following Directors and Persons Discharging Managerial Responsibility (together ''PDMRs'') were granted awards over ordinary shares of 284/7 pence each in the Company ("Shares") as set out below:
 
 Future Builder Awards - long-term incentive awards (Nil-cost options)
 




PDMRs


Core Award Number of Shares


Maximum Award Number of Shares




Mike Coupe (Director)


200,065


800,260




Kevin O'Byrne (Director)


106,030


424,120




John Rogers (Director)


117,974


471,896




Tim Fallowfield


51,141


204,564




Peter Griffiths


77,487


309,948




Paul Mills-Hicks


78,587


314,348




Angie Risley


64,939


259,756




Simon Roberts


91,610


366,440




Phillip Jordan


78,587


314,348




 
 
(1)   The awards are subject to performance conditions measured over three financial years. The awards will normally vest in two tranches, 50% after 3 years and 50% after 4 years, subject to the achievement of the performance conditions. 
(2)   The awards for Mike Coupe, Kevin O'Byrne and John Rogers will normally be subject to an additional holding period meaning that any vested awards 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 in the core award.
(4)   Dividend equivalents may be delivered (either in cash or Shares) in respect of dividends accrued on any Shares which subsequently vest.
(5)   The awards were granted under the J Sainsbury plc Long Term Incentive Plan 2016.
 
Deferred Share Awards (Nil-cost options)
 




PDMRs


Number of Shares




Mike Coupe (Director)


252,003




Kevin O'Byrne (Director)


136,592




John Rogers (Director)


151,978




Tim Fallowfield


65,069




Peter Griffiths


88,055




Paul Mills-Hicks


101,989




Angie Risley


82,623




Simon Roberts


114,321




 
(1)   The awards were granted based on performance during the 2017/18 financial year.
(2)   The awards become exercisable following a two year retention period. 
(3)   Dividend equivalents may be delivered (either in cash or Shares) in respect of dividends accrued on any Shares which subsequently vest.
(4)   The awards were granted under the J Sainsbury plc Long Term Incentive Plan 2016.
 
 
 
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:
 
Bunmi Likinyo
Interim Senior Assistant Company Secretary
+44 (0)20 7695 8172
 
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




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


Award 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


800,260




nil


252,003



















d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Aggregate Price


Aggregate Volume


Aggregate
Total




nil


1,052,263


nil









e)


Date of the transaction


11 May 2018
 




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
Identification code


Ordinary shares of 284/7 pence each
 
ISIN: GB00B019KW72




b)


Nature of the transaction


Award 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


424,120




nil


136,592









d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Aggregate Price


Aggregate Volume


Aggregate
Total




nil


560,712


nil









e)


Date of the transaction


11 May 2018
 




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


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
Identification code


Ordinary shares of 284/7 pence each
 
ISIN: GB00B019KW72




b)


Nature of the transaction


Award 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


471,896




nil


151,978



















d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Aggregate Price


Aggregate Volume


Aggregate
Total




nil


623,874


nil









e)


Date of the transaction


11 May 2018
 




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
Identification code


Ordinary shares of 284/7 pence each
 
ISIN: GB00B019KW72




b)


Nature of the transaction


Awardof  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


204,564




nil


65,069



















d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Aggregate Price


Aggregate Volume


Aggregate
Total




nil


269,633


nil









e)


Date of the transaction


11 May 2018
 




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




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
Identification code


Ordinary shares of 284/7 pence each
 
ISIN: GB00B019KW72




b)


Nature of the transaction


Award 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


309,948




nil


88,055



















d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Aggregate Price


Aggregate Volume


Aggregate
Total




nil


398,003


nil









e)


Date of the transaction


11 May 2018
 




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
Identification code


Ordinary shares of 284/7 pence each
 
ISIN: GB00B019KW72




b)


Nature of the transaction


Award 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


314,348




nil


101,989



















d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Aggregate Price


Aggregate Volume


Aggregate
Total




nil


416,337


nil









e)


Date of the transaction


11 May 2018
 




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
Identification code


Ordinary shares of 284/7 pence each
 
ISIN: GB00B019KW72




b)


Nature of the transaction


Award 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


259,756




nil


82,623



















d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Aggregate Price


Aggregate Volume


Aggregate
Total




nil


342,379


nil









e)


Date of the transaction


11 May 2018
 




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
Identification code


Ordinary shares of 284/7 pence each
 
ISIN: GB00B019KW72




b)


Nature of the transaction


Award 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


366,440




nil


114,321



















d)


Aggregated information
 
- Aggregated volume
 
- Price
 


 




Aggregate Price


Aggregate Volume


Aggregate
Total




nil


480,761


nil









e)


Date of the transaction


11 May 2018
 




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
Identification code


Ordinary shares of 284/7 pence each
 
ISIN: GB00B019KW72




b)


Nature of the transaction


Award 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


314,348



















d)


Aggregated information
 
- Aggregated volume
 
- Price
 


                 
  N/A
 




e)


Date of the transaction


11 May 2018
 




f)


Place of the transaction


 Outside a trading venue










 
 
 



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