AI assistant
Sainsbury (J) PLC — Director's Dealing 2017
May 12, 2017
5234_dirs_2017-05-12_069ce521-62ee-4503-a7ae-a276f9159252.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.
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
The company news service from the London Stock Exchange
END
DSHOKBDPNBKDOPD