Director/PDMR Shareholding

RNS Number : 0412F
Sainsbury(J) PLC
12 May 2017
 

12 May 2017

 

J Sainsbury plc

 

Director/PDMR Shareholding

 

J Sainsbury plc (the Company) announces the following awards made to Directors of the Company and Persons Discharging Managerial Responsibility (PDMRs) on 11 May 2017.

 

 Future Builder awards - long-term incentive awards (Nil-cost options)

 

PDMRs

Core Award Number of Shares

Maximum Award Number of Shares

Michael Coupe (Director)3

220,773

883,092

Kevin O'Byrne (Director)3

117,006

468,024

John Rogers (Director)3

130,186

520,744

Timothy Fallowfield

56,435

225,740

Peter Griffiths

85,508

342,032

Jon Hartland

20,605

82,420

Paul Mills-Hicks

76,957

307,828

Angela Risley

71,660

286,640

Richard Newsome

21,377

85,508

 

(1)   The awards were granted over ordinary shares of 28 4/7 pence each in the Company (Shares).

(2)   The awards are subject to performance conditions measured over three financial years. The awards will normally vest in two tranches, 50% after 3 years and 50% after 4 years, subject to the achievement of the performance conditions. 

(3)   The awards for Michael Coupe, Kevin O'Byrne and John Rogers will normally be subject to an additional holding period meaning that any vested awards will be released five years after the date of grant. 

(4)   A core award of Shares was granted on 11th May 2017. Should maximum vesting be achieved, participants would receive four times the number of Shares in the core award.

(5)   Dividend equivalents may be delivered (either in cash or shares) in respect of dividends accrued on any shares which subsequently vest.

(6)   The awards granted under the J Sainsbury plc Long Term Incentive Plan 2016.

 

Deferred Share Awards (Nil-cost options)

 

PDMRs

Number of Shares

Michael Coupe (Director)

267,973

John Rogers (Director)

161,610

Timothy Fallowfield

69,192

Peter Griffiths

93,604

Jon Hartland

34,105

Paul Mills-Hicks

94,353

Angela Risley

89,177

Richard Newsome

36,894

 

(1)   The awards were granted based on performance during the 2016/17 financial year.

(2)   The awards were granted on 11th May 2017 and become exercisable following a two year retention period. 

(3)   Dividend equivalents may be delivered (either in cash or shares) in respect of dividends accrued on any shares which subsequently vest.

(4)   The awards were granted under the J Sainsbury plc Long Term Incentive Plan 2016

 

 

The Notification of Dealing Forms for each PDMR can be found below.

 

This notification is made in accordance with the requirements 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

Mike Coupe

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

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 instrument, type of instrument

Identification code

Ordinary shares of 284/7 pence each

 

ISIN: GB00B019KW72

b)

Nature of the transaction

Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

nil

883,092

nil

267,973



d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate

Total

nil

1,151,065

nil

e)

Date of the transaction

11 May 2017

 

f)

Place of the transaction

XLON

 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Kevin O'Byrne

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

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 instrument, type of instrument

Identification code

Ordinary shares of 284/7 pence each

 

ISIN: GB00B019KW72

b)

Nature of the transaction

Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

nil

468,024



d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate

Total

nil

468,024

nil

e)

Date of the transaction

11 May 2017

 

f)

Place of the transaction

XLON

 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Rogers

2

Reason for the notification

a)

Position/status

Executive Director

b)

Initial notification /Amendment

Initial notification

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 instrument, type of instrument

Identification code

Ordinary shares of 284/7 pence each

 

ISIN: GB00B019KW72

b)

Nature of the transaction

Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

nil

520,744

nil

161,610



d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate

Total

nil

682,354

nil

e)

Date of the transaction

11 May 2017

 

f)

Place of the transaction

XLON

 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Tim Fallowfield

2

Reason for the notification

a)

Position/status

Company Secretary and Corporate Services Director

 

b)

Initial notification /Amendment

Initial notification

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 instrument, type of instrument

Identification code

Ordinary shares of 284/7 pence each

 

ISIN: GB00B019KW72

b)

Nature of the transaction

Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

nil

225,740

nil

69,192



d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate

Total

nil

294,932

nil

e)

Date of the transaction

11 May 2017

 

f)

Place of the transaction

XLON

 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter Griffiths

2

Reason for the notification

a)

Position/status

CEO of Sainsbury's Bank

b)

Initial notification /Amendment

Initial notification

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 instrument, type of instrument

Identification code

Ordinary shares of 284/7 pence each

 

ISIN: GB00B019KW72

b)

Nature of the transaction

Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

nil

342,032

nil

93,604



d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate

Total

nil

435,636

nil

e)

Date of the transaction

11 May 2017

 

f)

Place of the transaction

XLON

 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jon Hartland

2

Reason for the notification

a)

Position/status

Acting Retail and Operations Director

b)

Initial notification /Amendment

Initial notification

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 instrument, type of instrument

Identification code

Ordinary shares of 284/7 pence each

 

ISIN: GB00B019KW72

b)

Nature of the transaction

Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

nil

82,420

nil

34,105



d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate

Total

nil

116,525

nil

e)

Date of the transaction

11 May 2017

 

f)

Place of the transaction

XLON

 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Mills-Hicks

2

Reason for the notification

a)

Position/status

Food Commercial Director

b)

Initial notification /Amendment

Initial notification

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 instrument, type of instrument

Identification code

Ordinary shares of 284/7 pence each

 

ISIN: GB00B019KW72

b)

Nature of the transaction

Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

nil

307,828

nil

94,353



d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate

Total

nil

402,181

nil

e)

Date of the transaction

11 May 2017

 

f)

Place of the transaction

XLON

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Angie Risley

2

Reason for the notification

a)

Position/status

Group HR Director

b)

Initial notification /Amendment

Initial notification

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 instrument, type of instrument

Identification code

Ordinary shares of 284/7 pence each

 

ISIN: GB00B019KW72

b)

Nature of the transaction

Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

nil

286,640

nil

86,177



d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate

Total

nil

372,817

nil

e)

Date of the transaction

11 May 2017

 

f)

Place of the transaction

XLON

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Newsome

2

Reason for the notification

a)

Position/status

Acting Digital and Technology Director

b)

Initial notification /Amendment

Initial notification

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 instrument, type of instrument

Identification code

Ordinary shares of 284/7 pence each

 

ISIN: GB00B019KW72

b)

Nature of the transaction

Acceptance of a nil-cost option granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

nil

85,508

nil

36,894



d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate

Total

nil

122,402

nil

e)

Date of the transaction

11 May 2017

 

f)

Place of the transaction

XLON

 

 

 


This information is provided by RNS
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