leadf
logo-loader
RNS
viewJ Sainsbury PLC

Sainsbury(J) PLC - Director/PDMR Shareholding

RNS Number : 4293L
Sainsbury(J) PLC
12 January 2021
 

12 January 2021

 

 

 

 

J Sainsbury plc

 

Director/PDMR Shareholding

 

J Sainsbury plc (the "Company") was notified that, on 11 January 2021, shares were released to the following Person Discharging Managerial Responsibility ("PDMR") granted under the J Sainsbury plc Long Term Incentive Plan 2016. The award was granted on 11 May 2018 over ordinary shares of 284/7 pence each in the Company (the "Shares"). There were no performance conditions applicable on the award; vesting was only subject to Clodagh Moriarty's continued service with the Company. The Shares were automatically released on the date of vesting, with sufficient Shares sold to cover tax withholding obligations only.

 

PDMR

Number of Shares Released

 

Number of Shares sold (1)

Number of Shares retained

Clodagh Moriarty

43,174

20,333 (2)

22,841

 

 

(1)   The Shares were sold on the London Stock Exchange at an average price of £2.4001 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:

 

Dan Sek

Assistant Company Secretary

+44 (0)20 7695 2707

 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Clodagh Moriarty

 

2

Reason for the notification

 

a)

Position/status

Retail and Digital 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

Ordinary shares of 284/7 pence each

 

 

Identification code

ISIN: GB00B019KW72

 

b)

Nature of the transaction

Release of shares under the J Sainsbury plc Long Term Incentive Plan 2016

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£2.4001

43,174

d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A

N/A

e)

Date of the transaction

11 January 2021

 

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHDKBBBBBKDNDD

Quick facts: J Sainsbury PLC

Price: -

Market: LSE
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

4 min read