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Sainsbury (J) PLC Director's Dealing 2021

May 10, 2021

5234_pos_2021-05-10_70bc460f-9011-44ac-812c-c4d5f7c81d9d.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 0743Y

Sainsbury(J) PLC

10 May 2021

10 May 2021

J Sainsbury plc

(the 'Company')

Directors/PDMRs Shareholding

The Company was notified that, on 6 May 2021, the following Directors and Persons Discharging Managerial Responsibility ('PDMRs') exercised Future Builder awards granted under the J Sainsbury plc Long Term Incentive Plan 2016. The awards exercised were granted as nil-cost options over ordinary shares of 284/7 pence each in the Company ('Shares') and vested in two tranches, 50% after three years and 50% after four years, in accordance with the achievement of the performance conditions.   

PDMRs Number of Shares Exercised Number of Shares sold (1) Number of Shares retained
Simon Roberts (Director) 279,623 131,687 (2) 147,936
Tim Fallowfield 156,094 156,094 0
Mark Given 63,413 29,864 (2) 33,549
Mike Luck 50,742 33,804 (3) 16,938
Philip Jordan 242,518 114,213 (2) 128,305
Clodagh Moriarty 58,432 27,518 (2) 30,914
Angie Risley 198,207 198,207 0

(1)   The Shares were sold on the London Stock Exchange at an average price of £2.4671 per Share.

(2)   Sufficient Shares were sold to cover tax withholding obligations and the balance was retained.

(3)   Some Shares were sold in full. The remaining Shares were sold to cover tax withholding obligations and the balance was retained.

The Company was also notified that, on 6 May 2021, the following PDMRs exercised Deferred Share awards granted under the J Sainsbury plc Long Term Incentive Plan 2016. The awards exercised were granted as nil-cost options over Shares and vested after two years.

PDMRs Number of Shares Exercised Number of Shares sold (1) Number of Shares retained
Simon Roberts (Director) 135,574 63,848 (2) 71,726
Kevin O'Byrne (Director) 158,880 74,824 (2) 84,056 (3)
Tim Fallowfield 75,685 75,685 0
Mark Given 45,689 21,517 (2) 24,172
Mike Luck 31,566 31,566 0
Philip Jordan 116,302 54,771 (2) 61,531
Clodagh Moriarty 73,060 34,408 (2) 38,652
Angie Risley 96,104 96,104 0

(1)   The Shares were sold on the London Stock Exchange at an average price of £2.4671 per Share.

(2)   Sufficient Shares were sold to cover tax withholding obligations and the balance was retained.

(3)   The retained Shares were transferred to a closely associated person.

On 6 May 2021, Shares were released to the following PDMRs granted under the J Sainsbury plc Long Term Incentive Plan 2016. There were no performance conditions applicable on the awards. The Shares were released on the date of vesting, with sufficient Shares sold to cover tax withholding obligations only.

PDMRs Number of Shares released Number of Shares sold (1)(2) Number of Shares retained
Rhian Bartlett 50,712 23,883 26,829
Mark Given 45,739 21,541 24,198
Mike Luck 8,231 3,876 4,355

(1)   The Shares were sold on the London Stock Exchange at an average price of £2.4671 per Share.

(2)   Sufficient Shares were sold to cover tax withholding obligations and the balance was retained.

The Company was notified that, on 6 May 2021, the following PDMR had exercised options over Shares at an option price of £1.84 per Share, granted in December 2017 under the J Sainsbury 1980 Savings-Related Share Option Scheme (known as Sharesave).

PDMR Number of Shares Exercised Number of Shares sold Number of Shares retained
Clodagh Moriarty 3,032 0 3,032

The Company was further notified that, on 6 May 2021, the following PDMR had sold Shares.

PDMR Number of Shares Sold (1)
Angie Risley 250,000

(1)   The Shares were sold on the London Stock Exchange at an average price of £2.4724 per Share.

The Notification of Dealing Forms for each PDMR 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 415,197
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
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)
£2.4671 195,535
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction London Stock Exchange (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
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 158,880
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
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)
£2.4671 74,824
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction London Stock Exchange (XLON)
Transaction 3
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 Transfer of remaining Shares to a Closely Associated Person
c) Price(s) and volume(s) Price(s) Volume(s)
£nil 84,056
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
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
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 231,779
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
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 Shares following the exercise of the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£2.4671 231,779
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction London Stock Exchange (XLON)

Notification of dealing form

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Mark Given
2 Reason for the notification
a) Position/status Chief Marketing 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 109,102
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
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)
£2.4671 51,381
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction London Stock Exchange (XLON)
Transaction 3
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)
£nil 45,739
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction Outside a trading venue
Transaction 4
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 the aforesaid release of Shares under the J Sainsbury plc Long Term Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£2.4671 21,541
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction London Stock Exchange (XLON)

Notification of dealing form

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Mike Luck
2 Reason for the notification
a) Position/status General Merchandise & Clothing 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
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 82,308
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
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 Shares following the exercise of the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£2.4671 65,370
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction London Stock Exchange (XLON)
Transaction 3
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)
£nil 8,231
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction Outside a trading venue
Transaction 4
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 the aforesaid release of Shares under the J Sainsbury plc Long Term Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£2.4671 3,876
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction London Stock Exchange (XLON)

Notification of dealing form

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Philip Jordan
2 Reason for the notification
a) Position/status 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
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 358,820
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
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)
£2.4671 168,984
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction London Stock Exchange (XLON)

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 Group Chief Digital 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 131,492
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
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)
£2.4671 61,926
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction London Stock Exchange (XLON)
Transaction 3
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 in December 2017 under the J Sainsbury 1980 Savings-Related Share Option Scheme
c) Price(s) and volume(s) Price(s) Volume(s)
£1.84 3,032
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
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
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 294,311
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
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 Shares following the exercise of the aforesaid options under the J Sainsbury plc Long Term Incentive Plan 2016
c) Price(s) and volume(s) Price(s) Volume(s)
£2.4671 294,311
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction London Stock Exchange (XLON)
Transaction 3
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 Ordinary shares
c) Price(s) and volume(s) Price(s) Volume(s)
£2.4724 250,000
d) Aggregated information Aggregated price Aggregated volume
N/A N/A
e) Date of the transaction 6 May 2021
f) Place of the transaction London Stock Exchange (XLON)

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