Sainbury's King sells options
A round-up of the biggest director deals today so far.
Sainsbury's chief executive Justin King has sold around £1.8m worth of options in the supermarket chain.
King exercised an award of 898,000 shares under the J Sainsbury Share Plan 2005. He sold 369,000 of those shares at 318p each to fund the tax and national insurance liability from the exercise of the award and retained the remaining shares.
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King now holds 1.16m shares in the group.
Trading director Mike Coupe also sold some options in the supermarket chain.
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