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 28 4 /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) |
|
|||||||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
|
|||||||||
|
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 28 4 /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) |
|
|||||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
|
|||||||
|
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 28 4 /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) |
|
|||||||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
|
|||||||||
|
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 28 4 /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) |
|
|||||||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
|
|||||||||
|
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 28 4 /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) |
|
|||||||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
|
|||||||||
|
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 28 4 /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) |
|
|||||||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
|
|||||||||
|
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 28 4 /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) |
|
|||||||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
|
|||||||||
|
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 28 4 /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) |
|
|||||||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
|
|||||||||
|
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 28 4 /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) |
|
|||||||
|
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 |
|||||||