-
15 May 2025 11:00:01
- Source: Sharecast
15 May 2025
J Sainsbury plc
(the 'Company')
Director/PDMR Shareholding
The Company was notified that, on 14 May 2025, the following Director and Person Discharging Managerial Responsibility ('PDMR') exercised Future Builder awards granted under the J Sainsbury plc Long Term Incentive Plan 2016 (the 'LTIP Plan'). The awards exercised were granted in May 2020 as nil-cost options over ordinary shares of 284/7 pence each in the Company ('Shares'). The Future Builder award vested in two tranches, 50% after three years and 50% after four years, in accordance with the achievement of the performance conditions and was subject to a two-year retention period following the end of the three-year performance period.
|
PDMR |
Number of Shares Exercised |
Number of Shares sold (1) |
Number of Shares retained |
|
Simon Roberts (Director) |
994,658 |
468,427 (2) |
526,231 |
(1) The Shares were sold on the London Stock Exchange at an average price of £2.7686 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 the UK Market Abuse Regulation.
For further information please contact:
Enquiries
Investor Relations: James Collins +44 (0) 20 7695 0080
Media: Rebecca Reilly +44 (0) 20 7695 7295
Notification of dealing form
|
1 |
Details of the person discharging managerial responsibilities / person closely associated
|
||
|
a) |
Name |
Simon Roberts |
|
|
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
|
||
|
|
Transaction 1 |
||
|
a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 284/7 pence each
|
|
|
Identification code |
ISIN: GB00B019KW72
|
||
|
b) |
Nature of the transaction |
Exercise of options granted under the J Sainsbury plc Long Term Incentive Plan 2016 |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
Nil |
994,658 |
||
|
d) |
Aggregated information
|
Aggregated price |
Aggregated volume |
|
N/A |
N/A |
||
|
e) |
Date of the transaction |
14 May 2025 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
|
|
Transaction 2 |
||
|
a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 284/7 pence each
|
|
|
Identification code |
ISIN: GB00B019KW72
|
||
|
b) |
Nature of the transaction |
Sale of sufficient Shares to cover tax withholding obligations arising on exercising the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016 |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
£2.7686 |
468,427 |
||
|
d) |
Aggregated information
|
Aggregated price |
Aggregated volume |
|
£1,296,886.99 |
468,427 |
||
|
e) |
Date of the transaction |
14 May 2025 |
|
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
|
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