J Sainsbury plc announced that three Persons Discharging Managerial Responsibilities (PDMRs) acquired ordinary shares in the company through their participation in the Share Incentive Plan. Jim Brown, the Chief Executive Officer of Sainsbury's Bank, acquired 46 shares, Tim Fallowfield, the Company Secretary and Corporate Services Director, acquired 45 shares, and Mark Given, the Chief Marketing Officer, acquired 46 shares. The shares were purchased at £2.5157 each on 15 February 2024, and the transactions took place on the London Stock Exchange (XLON).
The notification of the transactions by the PDMRs was made in accordance with the requirements of the UK Market Abuse Regulation. Each PDMR's details, including their position/status and the nature of the transaction, were provided in the notification. The ordinary shares purchased under the J Sainsbury plc Share Incentive Plan were of 284/7 pence each, with the ISIN code GB00B019KW72.
The Company Secretarial Assistant, Karen Garrod, was listed as the contact for further information regarding the transactions. The notification included the details of the person discharging managerial responsibilities, the issuer, and the specific details of the transactions, including the price, volume, date, and place of the transaction for each PDMR.