Sainsbury(J) PLC Director/PDMR Shareholding (4875T)
20 Marzo 2019 - 9:30AM
UK Regulatory
TIDMSBRY
RNS Number : 4875T
Sainsbury(J) PLC
20 March 2019
20 March 2019
J Sainsbury plc
Director/PDMR Shareholding
J Sainsbury plc (the "Company") was notified that, on 18 March
2019, shares were released to the following Person Discharging
Managerial Responsibility ("PDMR") granted under the J Sainsbury
plc Bonus Share Award 2011. The award was granted on 12 May 2016 as
a conditional share award over ordinary shares of 28(4/7) pence
each in the Company (the "Shares"). There were no performance
conditions applicable on the award, vesting was only subject to
Clodagh Moriarty's continued service with the Company. The Shares
were automatically released on the date of vesting, with sufficient
Shares sold to cover tax withholding obligations only.
PDMR Number of Shares Number of Shares Number of Shares
Released sold (1) retained
Clodagh Moriarty 10,711 5,045 (2) 5,666
----------------- ----------------- -----------------
(1) The Shares were sold on the London Stock Exchange at an average price of GBP2.27 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
Article 19 of the Market Abuse Regulation.
For further information please contact:
Lucy Glover
Senior Assistant Company Secretary
+44 (0)20 7695 8066
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
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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 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
---------------------------------------------------------------------------------
a) Description of the financial Ordinary shares of 28(4) /(7) pence each
instrument, type of instrument
----------------------------------- --------------------------------------------
Identification code ISIN: GB00B019KW72
----------------------------------- --------------------------------------------
b) Nature of the transaction Release of shares under the J Sainsbury
plc Bonus Share Award 2011
----------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------------------------------- --------------------- ---------------------
GBP2.271798 10,711
-------------------------------------------------------------- ---------------------
d) Aggregated information Aggregated price Aggregated volume
----------------------------------- --------------------- ---------------------
N/A N/A
-------------------------------------------------------------- ---------------------
e) Date of the transaction 18 March 2019
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f) Place of the transaction London Stock Exchange (XLON)
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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 or visit www.rns.com.
END
DSHCKKDDPBKDANB
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