TIDMSBRY

RNS Number : 8614P

Sainsbury(J) PLC

22 November 2016

22 November 2016

J Sainsbury plc

Director/PDMR Shareholding

J Sainsbury plc (the 'Company') provides notification of the release of the first tranche of a Conditional Share Award granted to Edward Barker, Interim Chief Financial Officer, under the J Sainsbury plc Conditional Share Award Plan. The Conditional Share Award was granted to Edward Barker on 20 November 2014 over 41,384 ordinary shares of 28(4) /(7) pence each in the Company ('Shares').

 
 PDMR             Number of        Number of 
                   Shares Vested    Shares Sold 
---------------  ---------------  ------------- 
 Edward Barker            41,384         41,384 
---------------  ---------------  -------------

(1) 19,490 Shares were sold on 21 November 2016 to cover tax withholdings. The Shares were sold on the London Stock Exchange at an average price of GBP2.345 per Share.

(2) Edward Barker sold the remaining 21,894 Shares on 22 November 2016 on the London Stock Exchange at a price of GBP2.37 per Share.

The Notification of Dealing Forms can be found below.

This notification is made in accordance with the EU Market Abuse Regulation.

For further information please contact:

Lucy Glover

Senior Assistant Company Secretary

Tel: +44 (0)20 7695 8066

Notification of dealing forms

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------- 
 a)   Name                   Edward Barker 
---  ---------------------  ------------------------------------------ 
 2    Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position/status        Interim Chief Financial Officer 
---  ---------------------  ------------------------------------------ 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------- 
 a)   Name                   J Sainsbury plc 
---  ---------------------  ------------------------------------------ 
 b)   LEI                    N/A 
---  ---------------------  ------------------------------------------ 
 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              Ordinary shares of 28(4) /(7) 
       of the financial         pence each 
       instrument, 
       type of instrument       ISIN: GB00B019KW72 
       Identification 
       code 
---  -----------------------  ---------------------------------------- 
 b)   Nature of the            Release of a Conditional Share 
       transaction              Award. Sale of shares to cover 
                                tax withholdings. 
---  -----------------------  ---------------------------------------- 
 c)   Price(s) and               Price(s)    Volume(s) 
       volume(s)                 ----------  ---------- 
                                  GBP2.345    19,490 
                                 ----------  ---------- 
---  -----------------------  ---------------------------------------- 
 d)   Aggregated                 Aggregate   Aggregate   Aggregate 
       information                 Price       Volume      Total 
                                 ----------  ----------  ------------- 
       - Aggregated               GBP2.345    19,490      GBP45,704.05 
       volume                    ----------  ----------  ------------- 
 
       - Price 
---  -----------------------  ---------------------------------------- 
 e)   Date of the              21 November 2016 (UTC +1) 
       transaction 
---  -----------------------  ---------------------------------------- 
 f)   Place of the             XLON 
       transaction 
---  -----------------------  ---------------------------------------- 
 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------- 
 a)   Name                   Edward Barker 
---  ---------------------  ------------------------------------------ 
 2    Reason for the notification 
---  ----------------------------------------------------------------- 
 a)   Position/status        Interim Chief Financial Officer 
---  ---------------------  ------------------------------------------ 
 b)   Initial notification   Initial notification 
       /Amendment 
---  ---------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------- 
 a)   Name                   J Sainsbury plc 
---  ---------------------  ------------------------------------------ 
 b)   LEI                    N/A 
---  ---------------------  ------------------------------------------ 
 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              Ordinary shares of 28(4) /(7) 
       of the financial         pence each 
       instrument, 
       type of instrument       ISIN: GB00B019KW72 
       Identification 
       code 
---  -----------------------  ---------------------------------------- 
 b)   Nature of the            Sale of shares following the 
       transaction              release of a Conditional Share 
                                Award. 
---  -----------------------  ---------------------------------------- 
 c)   Price(s) and               Price(s)    Volume(s) 
       volume(s)                 ----------  ---------- 
                                  GBP2.37     21,894 
                                 ----------  ---------- 
---  -----------------------  ---------------------------------------- 
 d)   Aggregated                 Aggregate   Aggregate   Aggregate 
       information                 Price       Volume      Total 
                                 ----------  ----------  ------------- 
       - Aggregated               GBP2.37     21,894      GBP51,888.78 
       volume                    ----------  ----------  ------------- 
 
       - Price 
---  -----------------------  ---------------------------------------- 
 e)   Date of the              22 November 2016 (UTC +1) 
       transaction 
---  -----------------------  ---------------------------------------- 
 f)   Place of the             XLON 
       transaction 
---  -----------------------  ----------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 22, 2016 10:10 ET (15:10 GMT)

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