Director/PDMR Shareholding

RNS Number : 1342I

Sainsbury(J) PLC

13 November 2008

 



13 November 2008

J Sainsbury plc

Purchase of ordinary shares of 28 4/7 pence in J Sainsbury plc ('Shares' and the 'Company', respectively) by Directors of the Company and Persons Discharging Managerial Responsibility (PDMRs) under the Sainsbury's Share Purchase Plan ('SSPP').

The Company was notified on 13 November 2008 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 13 November 2008 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director	Number of Partnership shares purchased at 253.05 pence per share	Number of Matching Shares allocated	Total holding following notification
Justin King	40	10	548,778
Darren Shapland	40	10	442,172
Person Discharging Managerial Responsibility
Gwyn Burr	41	10	80,366
Tim Fallowfield	40	10	178,670
Angela Morrison	40	10	13,144
Neil Sachdev	40	10	24,070

The SSPP operates as follows

• Each month the Trustee uses participants' contributions (which may not exceed £115 per participant per four weekly period) to purchase Shares in the market. These shares are called 'Partnership Shares'.

• At the same time the Company allocated to participants via the Trustee one share for every four Partnership Shares purchased that four weekly period. These shares are called 'Matching Shares'.

 

END

 

 

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