J Sainsbury plc has announced that three Persons Discharging Managerial Responsibilities (PDMRs) have acquired ordinary shares in the company through their participation in the Share Incentive Plan. The shares were purchased at £2.8597 each. Jim Brown, Chief Executive Officer of Sainsbury's Bank, acquired 40 shares, Tim Fallowfield, Company Secretary and Corporate Services Director, acquired 41 shares, and Mark Given, Chief Marketing Officer, acquired 40 shares. The transactions took place on 18 January 2024 at the London Stock Exchange (XLON).
This notification is in compliance with the UK Market Abuse Regulation. For further information, individuals can contact Caroline Phelan, Senior Company Secretarial Assistant at 0207 695 7959.
The details of each transaction, including the names of the PDMRs, the nature of the transaction, the price and volume of shares acquired, and the date and place of the transaction, have been provided in the notification. The company has also included the Notification of Dealing Forms for each PDMR for reference.
This announcement provides transparency regarding the acquisition of shares by PDMRs at J Sainsbury plc and ensures adherence to regulatory requirements.