TIDMSBRY

RNS Number : 9911B

Sainsbury(J) PLC

15 June 2021

15 June 2021

J Sainsbury plc

(the 'Company')

Directors/PDMRs Shareholding

On 14 June 2021, Paula Nickolds, a Person Discharging Managerial Responsibility ('PDMR'), was granted awards under the J Sainsbury plc Long Term Incentive Plan 2016 as set out below.

Win In Food Award ('WIF')

Paula was granted nil-cost options over ordinary shares of 28 (4) / (7) pence each in the Company ('Shares') as set out below:

 
 PDMR                     Core Award   Maximum Award Number 
                    Number of Shares              of Shares 
 Paula Nickolds              116,984                467,936 
                  ------------------  --------------------- 
 

(1) The WIF is subject to performance conditions measured over three financial years. The WIF will normally vest after three years, subject to the achievement of the performance conditions.

(2) Should maximum vesting be achieved, Paula would receive four times the number of Shares of her core award.

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

Share Award

As part of Paula's joining arrangements, she was also granted a share award over 57,883 Shares. The award will vest in two tranches, 50% in June 2022 and 50% in June 2023.

The Notification of Dealing Forms 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                                 Paula Nickolds 
      -----------------------------------  -------------------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------------------- 
 a)    Position/status                      General Merchandise and Clothing Commercial 
                                             Director 
      -----------------------------------  -------------------------------------------------- 
 b)    Initial notification                 Initial notification 
        /Amendment 
      -----------------------------------  -------------------------------------------------- 
 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         Ordinary shares of 28 (4) /(7) pence each 
        instrument, type of instrument 
      -----------------------------------  -------------------------------------------------- 
       Identification code                  ISIN: GB00B019KW72 
      -----------------------------------  -------------------------------------------------- 
 b)    Nature of the transaction            Awards 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) 
      -----------------------------------  ------------------------  ------------------------ 
   GBPnil                                                             467,936 
  -----------------------------------------------------------------  ------------------------ 
 d)    Aggregated information               Aggregated price          Aggregated volume 
      -----------------------------------  ------------------------  ------------------------ 
                                            N/A                       N/A 
      -----------------------------------  ------------------------  ------------------------ 
 e)    Date of the transaction              14 June 2021 
      -----------------------------------  -------------------------------------------------- 
 f)    Place of the transaction             Outside a trading venue 
      -----------------------------------  -------------------------------------------------- 
       Transaction 2 
      --------------------------------------------------------------------------------------- 
 a)    Description of the financial         Ordinary shares of 28 (4) /(7) pence each 
        instrument, type of instrument 
      -----------------------------------  -------------------------------------------------- 
       Identification code                  ISIN: GB00B019KW72 
      -----------------------------------  -------------------------------------------------- 
 b)    Nature of the transaction            Awards of Shares granted under the J Sainsbury 
                                             plc Long Term Incentive Plan 2016 
      -----------------------------------  -------------------------------------------------- 
 c)    Price(s) and volume(s)               Price(s)                  Volume(s) 
      -----------------------------------  ------------------------  ------------------------ 
   GBPnil                                                             57,883 
  -----------------------------------------------------------------  ------------------------ 
 d)    Aggregated information               Aggregated price          Aggregated volume 
      -----------------------------------  ------------------------  ------------------------ 
   N/A                                                                N/A 
  -----------------------------------------------------------------  ------------------------ 
 e)    Date of the transaction              14 June 2021 
      -----------------------------------  -------------------------------------------------- 
 f)    Place of the transaction             Outside a trading venue 
      -----------------------------------  -------------------------------------------------- 
 

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