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Sainsbury (J) PLC Director's Dealing 2018

May 14, 2018

5234_dirs_2018-05-14_cc61c3f8-375c-4330-8d1f-09d0966faa5d.html

Director's Dealing

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RNS Number : 9738N

Sainsbury(J) PLC

14 May 2018

14 May 2018

J Sainsbury plc

Director/PDMR Shareholding

J Sainsbury plc (the "Company") announces that on 11 May 2018, the following Directors and Persons Discharging Managerial Responsibility (together ''PDMRs'') were granted awards over ordinary shares of 284/7 pence each in the Company ("Shares") as set out below:

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

PDMRs Core Award Number of Shares Maximum Award Number of Shares
Mike Coupe (Director) 200,065 800,260
Kevin O'Byrne (Director) 106,030 424,120
John Rogers (Director) 117,974 471,896
Tim Fallowfield 51,141 204,564
Peter Griffiths 77,487 309,948
Paul Mills-Hicks 78,587 314,348
Angie Risley 64,939 259,756
Simon Roberts 91,610 366,440
Phillip Jordan 78,587 314,348

(1)   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. 

(2)   The awards for Mike 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. 

(3)   Should maximum vesting be achieved, participants would receive four times the number of Shares in the core award.

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

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

Deferred Share Awards (Nil-cost options)

PDMRs Number of Shares
Mike Coupe (Director) 252,003
Kevin O'Byrne (Director) 136,592
John Rogers (Director) 151,978
Tim Fallowfield 65,069
Peter Griffiths 88,055
Paul Mills-Hicks 101,989
Angie Risley 82,623
Simon Roberts 114,321

(1)   The awards were granted based on performance during the 2017/18 financial year.

(2)   The awards 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:

Bunmi Likinyo

Interim Senior Assistant Company Secretary

+44 (0)20 7695 8172

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

Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 800,260
nil 252,003

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price Aggregate Volume Aggregate

Total
nil 1,052,263 nil

e)

Date of the transaction

11 May 2018

f)

Place of the transaction

Outside a trading venue

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

Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 424,120
nil 136,592

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price Aggregate Volume Aggregate

Total
nil 560,712 nil

e)

Date of the transaction

11 May 2018

f)

Place of the transaction

Outside a trading venue

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

Award of nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 471,896
nil 151,978

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price Aggregate Volume Aggregate

Total
nil 623,874 nil

e)

Date of the transaction

11 May 2018

f)

Place of the transaction

Outside a trading venue

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

Awardof  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 204,564
nil 65,069

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price Aggregate Volume Aggregate

Total
nil 269,633 nil

e)

Date of the transaction

11 May 2018

f)

Place of the transaction

Outside a trading venue

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

Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 309,948
nil 88,055

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price Aggregate Volume Aggregate

Total
nil 398,003 nil

e)

Date of the transaction

11 May 2018

f)

Place of the transaction

Outside a trading venue

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

Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 314,348
nil 101,989

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price Aggregate Volume Aggregate

Total
nil 416,337 nil

e)

Date of the transaction

11 May 2018

f)

Place of the transaction

Outside a trading venue

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

Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 259,756
nil 82,623

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price Aggregate Volume Aggregate

Total
nil 342,379 nil

e)

Date of the transaction

11 May 2018

f)

Place of the transaction

Outside a trading venue

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

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

Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 366,440
nil 114,321

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price Aggregate Volume Aggregate

Total
nil 480,761 nil

e)

Date of the transaction

11 May 2018

f)

Place of the transaction

Outside a trading venue

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Phillip Jordan

2

Reason for the notification

a)

Position/status

Group Chief Information 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

Award of  nil-cost options granted under the J Sainsbury plc Long Term Incentive Plan 2016

c)

Price(s) and volume(s)

Price(s) Volume(s)
nil 314,348

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

11 May 2018

f)

Place of the transaction

Outside a trading venue

This information is provided by RNS

The company news service from the London Stock Exchange

END

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