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

J SainsburyAnnouncement

10/05/2021 12:05

RNS Number : 0743Y
  
Sainsbury(J) PLC
  
10 May 2021
  
 

 
 10 May 2021
 
J Sainsbury plc
(the 'Company')
 
Directors/PDMRs Shareholding
 
The Company was notified that, on 6 May 2021, the following Directors and Persons Discharging Managerial Responsibility ('PDMRs') exercised Future Builder awards granted under the J Sainsbury plc Long Term Incentive Plan 2016. The awards exercised were granted as nil-cost options over ordinary shares of 284/7 pence each in the Company ('Shares') and vested in two tranches, 50% after three years and 50% after four years, in accordance with the achievement of the performance conditions.    
 



PDMRs


Number of Shares Exercised


Number of Shares sold (1)


Number of Shares retained




Simon Roberts (Director)


279,623


131,687 (2)


147,936




Tim Fallowfield


156,094


156,094


0




Mark Given


63,413


29,864 (2)


33,549




Mike Luck


50,742


33,804 (3)


16,938




Philip Jordan


242,518


114,213 (2)


128,305




Clodagh Moriarty


58,432


27,518 (2)


30,914




Angie Risley


198,207


198,207


0



 
(1)   The Shares were sold on the London Stock Exchange at an average price of £2.4671 per Share.
(2)   Sufficient Shares were sold to cover tax withholding obligations and the balance was retained.
(3)   Some Shares were sold in full. The remaining Shares were sold to cover tax withholding obligations and the balance was retained.
 
The Company was also notified that, on 6 May 2021, the following PDMRs exercised Deferred Share awards granted under the J Sainsbury plc Long Term Incentive Plan 2016. The awards exercised were granted as nil-cost options over Shares and vested after two years.
 



PDMRs


Number of Shares Exercised


Number of Shares sold (1)


Number of Shares retained




Simon Roberts (Director)


135,574


63,848 (2)


71,726




Kevin O'Byrne (Director)


158,880


74,824 (2)


84,056 (3)




Tim Fallowfield


75,685


75,685


0




Mark Given


45,689


21,517 (2)


24,172




Mike Luck


31,566


31,566


0




Philip Jordan


116,302


54,771 (2)


61,531




Clodagh Moriarty


73,060


34,408 (2)


38,652




Angie Risley


96,104


96,104


0



 
(1)   The Shares were sold on the London Stock Exchange at an average price of £2.4671 per Share.
(2)   Sufficient Shares were sold to cover tax withholding obligations and the balance was retained.
(3)   The retained Shares were transferred to a closely associated person.
 
On 6 May 2021, Shares were released to the following PDMRs granted under the J Sainsbury plc Long Term Incentive Plan 2016. There were no performance conditions applicable on the awards. The Shares were released on the date of vesting, with sufficient Shares sold to cover tax withholding obligations only.
 



PDMRs


Number of Shares released


Number of Shares sold (1)(2)


Number of Shares retained




Rhian Bartlett


50,712


23,883


26,829




Mark Given


45,739


21,541


24,198




Mike Luck


8,231


3,876


4,355



 
(1)   The Shares were sold on the London Stock Exchange at an average price of £2.4671 per Share.
(2)   Sufficient Shares were sold to cover tax withholding obligations and the balance was retained.
 
The Company was notified that, on 6 May 2021, the following PDMR had exercised options over Shares at an option price of £1.84 per Share, granted in December 2017 under the J Sainsbury 1980 Savings-Related Share Option Scheme (known as Sharesave).
 



PDMR


Number of Shares Exercised


Number of Shares sold


Number of Shares retained




Clodagh Moriarty


3,032


0


3,032



 
The Company was further notified that, on 6 May 2021, the following PDMR had sold Shares.
 



PDMR


Number of Shares Sold (1)




Angie Risley


250,000



 
(1)   The Shares were sold on the London Stock Exchange at an average price of £2.4724 per Share.
 
The Notification of Dealing Forms for each PDMR can be found below.
 
This notification is made in accordance with the requirements of the UK Market Abuse Regulation.
 
For further information please contact:
 
Enquiries 
 
Investor Relations: James Collins +44 (0) 20 7695 0080 
 
Media: Rebecca Reilly +44 (0) 20 7695 7295 
 
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 


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 


Ordinary shares of 284/7 pence each
 
 




Identification code


ISIN: GB00B019KW72




b) 


Nature of the transaction 


Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£nil


415,197




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021 




f) 


Place of the transaction 


Outside a trading venue








Transaction 2




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 


Sale of sufficient Shares to cover tax withholding obligations arising on exercising the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£2.4671


195,535




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


London Stock Exchange (XLON)













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 
 








Transaction 1




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 


Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016 
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£nil


158,880




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


Outside a trading venue








Transaction 2




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 


Sale of sufficient Shares to cover tax withholding obligations arising on exercising the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£2.4671


74,824




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


London Stock Exchange (XLON)








Transaction 3




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 


Transfer of remaining Shares to a Closely Associated Person




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£nil


84,056




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




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 
 








Transaction 1




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 


Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£nil


231,779




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


Outside a trading venue








Transaction 2




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 


Sale of Shares following the exercise of the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£2.4671


231,779




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


London Stock Exchange (XLON)



Notification of dealing form



1 


Details of the person discharging managerial responsibilities / person closely associated
 




a) 


Name 


Mark Given 




2 


Reason for the notification 
 




a) 


Position/status 


Chief Marketing 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 


Ordinary shares of 284/7 pence each
 
 




Identification code


ISIN: GB00B019KW72




b) 


Nature of the transaction 


Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£nil


109,102




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021 




f) 


Place of the transaction 


Outside a trading venue








Transaction 2




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 


Sale of sufficient Shares to cover tax withholding obligations arising on exercising the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£2.4671


51,381




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


London Stock Exchange (XLON)








Transaction 3




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 


Release of Shares under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£nil


45,739




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


Outside a trading venue








Transaction 4




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 


Sale of sufficient Shares to cover tax withholding obligations arising on the aforesaid release of Shares under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£2.4671


21,541




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


London Stock Exchange (XLON)



Notification of dealing form



1 


Details of the person discharging managerial responsibilities / person closely associated
 




a) 


Name 


Mike Luck 




2 


Reason for the notification 
 




a) 


Position/status 


General Merchandise & Clothing 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 


Ordinary shares of 284/7 pence each
 
 




Identification code


ISIN: GB00B019KW72




b) 


Nature of the transaction 


Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£nil


82,308




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021 




f) 


Place of the transaction 


Outside a trading venue








Transaction 2




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 


Sale of Shares following the exercise of the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£2.4671


65,370




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


London Stock Exchange (XLON)








Transaction 3




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 


Release of Shares under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£nil


8,231




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


Outside a trading venue








Transaction 4




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 


Sale of sufficient Shares to cover tax withholding obligations arising on the aforesaid release of Shares under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£2.4671


3,876




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


London Stock Exchange (XLON)



Notification of dealing form



1 


Details of the person discharging managerial responsibilities / person closely associated
 




a) 


Name 


Philip Jordan




2 


Reason for the notification 
 




a) 


Position/status 


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 
 








Transaction 1




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 


Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£nil


358,820




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


Outside a trading venue








Transaction 2




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 


Sale of sufficient Shares to cover tax withholding obligations arising on exercising the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£2.4671


168,984




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


London Stock Exchange (XLON)



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 
 








Transaction 1




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 


Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£nil


131,492




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


Outside a trading venue








Transaction 2




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 


Sale of sufficient Shares to cover tax withholding obligations arising on exercising the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£2.4671


61,926




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


London Stock Exchange (XLON)








Transaction 3




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 


Exercise of options granted in December 2017 under the J Sainsbury 1980 Savings-Related Share Option Scheme
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£1.84


3,032




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




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 
 








Transaction 1




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 


Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£nil


294,311




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


Outside a trading venue








Transaction 2




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 


Sale of Shares following the exercise of the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016
 




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£2.4671


294,311




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


London Stock Exchange (XLON)








Transaction 3




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 


Sale of Ordinary shares




c) 


Price(s) and volume(s) 


Price(s)


Volume(s)




£2.4724


250,000




d) 


Aggregated information
 


Aggregated price


Aggregated volume




N/A


N/A




e) 


Date of the transaction 


6 May 2021
 




f) 


Place of the transaction 


London Stock Exchange (XLON)



 

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