REG - Sainsbury(J) PLC - Director/PDMR Shareholding
06/06/2023 16:00
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RNS Number : 8493B Sainsbury(J) PLC 06 June 2023
6 June 2023
J Sainsbury plc
(the 'Company')
Directors/PDMRs Shareholding
On 2 June 2023, the following Directors and Persons Discharging Managerial
Responsibility ('PDMRs') were granted awards under the J Sainsbury plc Long
Term Incentive Plan 2016 ('LTIP'). The awards were granted as nil-cost options
over ordinary shares of 28(4)/(7) pence each in the Company ('Shares') as set
out below:
Leaders' Share Award ('LSAs')
PDMRs Number of Shares
Simon Roberts (Director) 862,500
Bláthnaid Bergin (Director) 535,714
Rhian Bartlett 377,142
Graham Biggart 342,857
Jim Brown 345,660
Tim Fallowfield 266,142
Mark Given 354,857
Prerana Issar 329,670
Clodagh Moriarty 395,604
Paula Nickolds 354,857
(1) The LSAs are subject to performance conditions measured over three
financial years. The LSAs will normally vest after three years, subject to the
achievement of the performance conditions.
(2) The maximum potential number of shares were awarded at the date of
grant. The final number of shares will be adjusted against a performance
outturn of between 0% and 100% at the end of the three-year performance
period.
(3) The LSAs for Simon Roberts and Bláthnaid Bergin will be subject to an
additional retention period, meaning that any vested LSAs will be released
five years after the date of grant.
(4) Dividend equivalents may be delivered (either in cash or Shares) in
respect of dividends accrued on any Shares which subsequently vest.
(5) The share price to determine the number of Shares awarded was based on
the five dealing day average Share price prior to the grant date.
(6) To comply with PRA and FCA banking regulations, the number of shares
awarded to Jim Brown will not be increased to reflect any dividends accrued
during the award's vesting period. However, a one-time fair value adjustment
to his award was made at the point of grant based on a forecasted dividend
yield over the vesting period to reflect the absence of dividend equivalents
accrued during the vesting period.
The PDMRs were also granted Shares under the LTIP as set out below:
Bonus Share Awards ('BSAs')
PDMRs Number of Shares
Simon Roberts (Director) 311,368
Bláthnaid Bergin (Director) 79,716
Rhian Bartlett 141,992
Graham Biggart 127,472
Jim Brown 45,817
Tim Fallowfield 96,259
Mark Given 131,656
Clodagh Moriarty 141,992
Paula Nickolds 131,054
(1) The BSAs were granted based on performance during the 2022/23 financial
year.
(2) The BSAs will vest following a two-year retention period, except for Jim
Brown's award, which will vest after a three-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 share price to determine the number of Shares awarded was based on
the five dealing days average Share price prior to the grant date.
(5) To comply with PRA and FCA banking regulations, the number of shares
awarded to Jim Brown will not be increased to reflect any dividends accrued
during the award's retention period. However, a one-time fair value adjustment
to his award was made at the point of grant based on a forecasted dividend
yield over the retention period to reflect the absence of dividend equivalents
accrued during the retention period.
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 28(4)/(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 862,500
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 311,368
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
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 Bláthnaid Bergin
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 28(4)/(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 535,714
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 79,716
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
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 Rhian Bartlett
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 Ordinary shares of 28(4)/(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 377,142
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 141,992
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
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 Graham Biggart
2 Reason for the notification
a) Position/status Chief Transformation 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 28(4)/(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 342,857
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 127,472
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
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 Jim Brown
2 Reason for the notification
a) Position/status Chief Executive Officer, 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 Ordinary shares of 28(4)/(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 345,660
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 45,817
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
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 28(4)/(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 266,142
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 96,259
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
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 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 28(4)/(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 354,857
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 131,656
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
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 Prerana Issar
2 Reason for the notification
a) Position/status Chief People 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 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 329,670
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
f) Place of the transaction Outside a trading venue
Notification of 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 Chief Retail and Technology 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 28(4)/(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 395,604
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 141,992
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
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 Paula Nickolds
2 Reason for the notification
a) Position/status General Merchandise 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 28(4)/(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 354,857
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
f) Place of the transaction Outside a trading venue
Transaction 2
a) Description of the financial instrument, type of instrument Ordinary shares of 28(4)/(7) pence each
Identification code ISIN: GB00B019KW72
b) Nature of the transaction Award of Shares granted under the J Sainsbury plc Long Term Incentive Plan
2016
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 131,054
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 2 June 2023
f) Place of the transaction Outside a trading venue
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