Director/PDMR Shareholding

RNS Number : 4060O

Sainsbury(J) PLC

05 March 2009

 



5 March 2009

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 5 March 2009 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 5 March 2009 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director	Number of Partnership shares  purchased at 300.75 pence per share	Number of Matching Shares allocated	Total holding following notification
Justin King	39	10	548,962
Darren Shapland	38	10	442,355
Person Discharging Managerial Responsibility
Gwyn Burr	38	10	80,549
Tim Fallowfield	38	10	178,853
Angela Morrison	39	10	13,328
Neil Sachdev	39	10	48,218

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'.

 

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