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

J SainsburyAnnouncement

15/05/2025 11:00

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RNS Number : 8260I  Sainsbury(J) PLC  15 May 2025

 

15 May 2025

 

J Sainsbury plc

(the 'Company')

 

Director/PDMR Shareholding

 

The Company was notified that, on 14 May 2025, the following Director and
Person Discharging Managerial Responsibility ('PDMR') exercised Future Builder
awards granted under the J Sainsbury plc Long Term Incentive Plan 2016 (the
'LTIP Plan'). The awards exercised were granted in May 2020 as nil-cost
options over ordinary shares of 28(4)/(7) pence each in the Company
('Shares'). The Future Builder award vested in two tranches, 50% after three
years and 50% after four years, in accordance with the achievement of the
performance conditions and was subject to a two-year retention period
following the end of the three-year performance period.

 

 PDMR                      Number of Shares Exercised  Number of Shares sold ((1))  Number of Shares retained
 Simon Roberts (Director)  994,658                     468,427 ((2))                526,231

 

(1)   The Shares were sold on the London Stock Exchange at an average price
of £2.7686 per Share.

(2)   Sufficient Shares were sold to cover tax withholding obligations and
the balance was retained.

 

 

The Notification of Dealing Form 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                                    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                                                                                                    994,658
 d)  Aggregated information                                       Aggregated price                          Aggregated volume

     N/A                                                                                                    N/A
 e)  Date of the transaction                                      14 May 2025
 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                                    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)
     £2.7686                                                                                                468,427
 d)  Aggregated information                                       Aggregated price                          Aggregated volume

     £1,296,886.99                                                                                          468,427
 e)  Date of the transaction                                      14 May 2025
 f)  Place of the transaction                                     London Stock Exchange (XLON)

 

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