Director/PDMR Shareholding

RNS Number : 9946J

Sainsbury(J) PLC

11 December 2008

 



11 December 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 11 December 2008 that the following Directors and other Persons Discharging Managerial Responsibility for the Company acquired Shares under the SSPP on 11 December 2008 held through HSDL Nominees Limited - SIP (the 'Trustee'):

Director	Number of Partnership shares purchased at 3.085 pence per share	Number of Matching Shares allocated	Total holding following notification
Justin King	38	10	548,826
Darren Shapland	37	9	442,218
Person Discharging Managerial Responsibility
Gwyn Burr	37	10	80,413
Tim Fallowfield	37	9	178,716
Angela Morrison	38	10	13,192
Neil Sachdev	37	9	24,116

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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