Picture of J Sainsbury logo

SBRY J Sainsbury News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer DefensivesBalancedLarge CapSuper Stock

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

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240604:nRSD0301Ra&default-theme=true

RNS Number : 0301R  Sainsbury(J) PLC  04 June 2024

4 June 2024

 

J Sainsbury plc

(the 'Company')

 

Directors/PDMRs Shareholding

 

On 31 May 2024, 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:

 

Next Level incentive plan ('NLips')

 

 PDMRs                         Number of Shares
 Simon Roberts (Director)      881,818
 Bláthnaid Bergin (Director)   608,570
 Rhian Bartlett                561,757
 Graham Biggart                524,306
 Mark Given                    533,669
 Prerana Issar                 468,131
 Clodagh Moriarty              561,757

 

(1)  The NLips are subject to performance conditions measured over three
financial years. The NLips 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 NLips for Simon Roberts and Bláthnaid Bergin will be subject to an
additional retention period, meaning that any vested NLips 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.

 

The PDMRs were also granted Shares under the LTIP as set out below:

 

Bonus Share Awards ('BSAs')

 

 PDMRs                         Number of Shares
 Simon Roberts (Director)      369,765
 Bláthnaid Bergin (Director)   206,445
 Rhian Bartlett                172,848
 Graham Biggart                150,245
 Tim Fallowfield               112,370
 Mark Given                    155,078
 Prerana Issar                 118,687
 Clodagh Moriarty              172,848

 

(1)  The BSAs were granted based on performance during the 2023/24 financial
year.

(2)  The BSAs will vest 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 share price to determine the number of Shares awarded was based on
the five dealing days average Share price prior to the grant date.

 

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                                    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                                                                                                 881,818
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                                                                                 369,765
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                    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                                                                                                 608,570
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                                                                                 206,445
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                              Chief Food Commercial 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 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                                                                                                 561,757
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                                                                                 172,848
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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 & General Merchandise Commercial 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 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                                                                                                 524,306
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                                                                                 150,245
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                    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                                                                                                 112,370
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                    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                                                                                                 533,669
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                                                                                 155,078
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                                         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 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                                                                                                 468,131
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                                                                                 118,687
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                    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                                                                                                 561,757
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 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                                                                                                 172,848
 d)  Aggregated information                                       Aggregated price                        Aggregated volume

     N/A                                                                                                  N/A
 e)  Date of the transaction                                      31 May 2024

 f)  Place of the transaction                                     Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHQKQBDFBKKKAK

Recent news on J Sainsbury

See all news