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

J SainsburyAnnouncement

13/05/2019 16:15

RNS Number : 8679Y
Sainsbury(J) PLC
13 May 2019
 


13 May 2019
 
J Sainsbury plc
(the 'Company')
 
Director/PDMR Shareholding
 
On 9 May 2019, the following Directors and Persons Discharging Managerial Responsibility ('PDMRs') were granted awards under the J Sainsbury plc Long Term Incentive Plan 2016.  The awards were granted as nil-cost options over ordinary shares of 284/7 pence each in the Company (the 'Shares') as set out below:
 
Future Builder Awards ('FBA')
 



PDMRs


Core Award Number of Shares


Maximum Award Number of Shares




Mike Coupe (Director)


279,635


1,118,540




Kevin O'Byrne (Director)


148,201


592,804




John Rogers (Director)


164,895


659,580




Tim Fallowfield


71,481


285,924




Peter Griffiths


108,305


433,220




Phillip Jordan


109,843


439,372




Paul Mills-Hicks


109,843


439,372




Clodagh Moriarty


73,229


292,916




Angie Risley


90,766


363,064




Simon Roberts


128,046


512,184



 
(1)   The FBA are subject to performance conditions measured over three financial years. The FBA will normally vest in two tranches, 50% after three years and 50% after four years, subject to the achievement of the performance conditions. 
(2)   The FBA for Mike Coupe, Kevin O'Byrne and John Rogers will normally be subject to an additional holding period meaning that any vested FBA 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 of their Core Award.
(4)   Dividend equivalents may be delivered (either in cash or Shares) in respect of dividends accrued on any Shares which subsequently vest.
 
Deferred Share Awards ('DSA')
 



PDMRs


Number of Shares




Mike Coupe (Director)


265,379




Kevin O'Byrne (Director)


143,843




John Rogers (Director)


160,045




Tim Fallowfield


68,523




Peter Griffiths


98,159




Phillip Jordan


105,296




Paul Mills-Hicks


105,296




Clodagh Moriarty


66,147




Angie Risley


87,009




Simon Roberts


122,745



 
(1)   The DSA were granted based on performance during the 2018/19 financial year.
(2)   The DSA vest following a two-year deferral period. 
(3)   Dividend equivalents may be delivered (either in cash or Shares) in respect of dividends accrued on any Shares which subsequently vest.
 
The Notification of Dealing Forms for each PDMR can be found below.
 
This notification is made in accordance with the requirements of Market Abuse Regulation Article 19.
 
For further information please contact:
 
Lucy Glover
Senior Assistant Company Secretary
+44 (0)207 695 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


Group 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


Ordinary shares of 284/7 pence each
 
 




Identification code


ISIN: GB00B019KW72




b)


Nature of the transaction


Awards 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
 


1,383,919




d)


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e)


Date of the transaction


09 May 2019
 




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


Ordinary shares of 284/7 pence each
 




Identification code


ISIN: GB00B019KW72




b)


Nature of the transaction


Awards 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
 


736,647
 




d)


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e)


Date of the transaction


09 May 2019
 




f)


Place of the transaction


Outside 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


Ordinary shares of 284/7 pence each
 




Identification code


ISIN: GB00B019KW72
 




b)


Nature of the transaction


Awards 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
 


819,625
 




d)


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e)


Date of the transaction


09 May 2019
 




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


Ordinary shares of 284/7 pence each
 




Identification code


ISIN: GB00B019KW72




b)


Nature of the transaction


Awards 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
 


354,447
 




d)


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e)


Date of the transaction


09 May 2019
 




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 plc




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


Ordinary shares of 284/7 pence each
 




Identification code


ISIN: GB00B019KW72




b)


Nature of the transaction


Awards 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
 


531,379
 




d)


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e)


Date of the transaction


09 May 2019
 




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


Ordinary shares of 284/7 pence each
 




Identification code


ISIN: GB00B019KW72




b)


Nature of the transaction


Awards 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
 


544,668
 




d)


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e)


Date of the transaction


09 May 2019
 




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


Ordinary shares of 284/7 pence each
 
 




Identification code


ISIN: GB00B019KW72
 




b)


Nature of the transaction


Awards 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
 


544,668
 




d)


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e)


Date of the transaction


09 May 2019
 




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


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
 




a)


Description of the financial instrument, type of instrument


Ordinary shares of 284/7 pence each
 




Identification code


ISIN: GB00B019KW72




b)


Nature of the transaction


Awards 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
 


359,063
 




d)


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e)


Date of the transaction


09 May 2019
 




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


Ordinary shares of 284/7 pence each
 




Identification code


ISIN: GB00B019KW72




b)


Nature of the transaction


Awards 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
 


450,073




d)


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e)


Date of the transaction


09 May 2019
 




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


Ordinary shares of 284/7 pence each
 




Identification code


ISIN: GB00B019KW72




b)


Nature of the transaction


Awards 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
 


634,929
 




d)


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e)


Date of the transaction


09 May 2019
 




f)


Place of the transaction


Outside a trading venue



 




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