Edition:
United Kingdom

J Sainsbury PLC (SBRY.L)

SBRY.L on London Stock Exchange

196.10GBp
19 Jun 2019
Change (% chg)

-2.50 (-1.26%)
Prev Close
198.60
Open
198.00
Day's High
199.20
Day's Low
193.75
Volume
9,535,823
Avg. Vol
9,967,990
52-wk High
341.80
52-wk Low
192.70

Latest Key Developments (Source: Significant Developments)

J Sainsbury Appoints Jim Brown As CEO Of Sainsbury's Bank
Tuesday, 11 Jun 2019 

June 11 (Reuters) - J Sainsbury PLC ::J SAINSBURY PLC MANAGEMENT UPDATE.APPOINTED JIM BROWN AS CHIEF EXECUTIVE OFFICER ('CEO') OF SAINSBURY'S BANK.JIM WILL JOIN AS CEO DESIGNATE.JIM WILL JOIN AS CEO DESIGNATE ON 19(TH) JUNE AND WILL WORK WITH PETER GRIFFITHS FOR A SHORT PERIOD OF HANDOVER..JIM WORKED FOR ROYAL BANK OF SCOTLAND PLC ('RBS') FROM 2015-2017 AS CHIEF EXECUTIVE OF WILLIAMS AND GLYN.  Full Article

British Land Exchanges On Disposal Of 429 Mln Stg Of Sainsbury's Superstores
Tuesday, 23 Apr 2019 

April 23 (Reuters) - British Land Company PLC ::BRITISH LAND CO PLC - DISPOSAL OF SAINSBURY'S SUPERSTORES.BRITISH LAND COMPANY PLC - BRITISH LAND EXCHANGES ON DISPOSAL OF £429M OF SAINSBURY'S SUPERSTORES.BRITISH LAND COMPANY PLC - BRITISH LAND EXCHANGES ON DISPOSAL OF £429M OF SAINSBURY'S SUPERSTORES.BRITISH LAND COMPANY PLC - SHARE OF PROCEEDS WILL BE £193.5M REPRESENTING A MODEST PREMIUM TO SEPTEMBER 2018 BOOK VALUE..BRITISH LAND COMPANY - EXPECT RETAIL TO COMPRISE C.30-35% OF ASSETS OF OUR BUSINESS, DOWN FROM AROUND HALF TODAY..BRITISH LAND COMPANY PLC - NET PROCEEDS TO BRITISH LAND ARE EXPECTED TO BE C.£95M FOLLOWING REPAYMENT OF DEBT AND ASSOCIATED BREAK COSTS..BRITISH LAND - ONCE DEAL COMPLETES, SUPERSTORES EXPOSURE TO FALL TO 1.3% OF PORTFOLIO BASED ON SEPT 2018 VALUATIONS WITH 6 STANDALONE STORES REMAINING.BRITISH LAND - EXCHANGED ON SALE OF 12 SUPERSTORES FROM ITS JV WITH SAINSBURY'S FOR £429M, REPRESENTING A NET INITIAL YIELD OF 5.0%.  Full Article

Realty Income Announces International Expansion With £429 Mln Sale-Leaseback Transaction With Sainsbury's
Monday, 22 Apr 2019 

April 22 (Reuters) - Realty Income Corp ::REALTY INCOME ANNOUNCES INTERNATIONAL EXPANSION: £429 MILLION SALE-LEASEBACK TRANSACTION WITH SAINSBURY'S.REALTY INCOME CORP - TO ACQUIRE, FROM A JV OF AFFILIATES OF J SAINSBURY PLC AND BRITISH LAND PLC, 12 PROPERTIES FOR £429 MILLION.REALTY INCOME CORP - INCREASING OUR 2019 AFFO PER SHARE GUIDANCE TO $3.28 - $3.33 FROM $3.25 - $3.31.REALTY INCOME CORP - SEES 2019 FFO PER SHARE $3.26 - $3.31.REALTY INCOME CORP - SEES 2019 NET INCOME PER SHARE $1.39 - $1.44.  Full Article

Morrisons says UK consumers "remain cautious"
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Morrisons ::CEO SAYS UK CONSUMERS "REMAIN CAUTIOUS".CEO SAYS HAS SEEN "SMALL AMOUNT" OF STOCKPILING AHEAD OF BREXIT, FOR EXAMPLE PAIN KILLERS AND TOILET ROLLS.  Full Article

J Sainsbury Plc Says Martin Scicluna To Be Appointed Chairman
Friday, 8 Mar 2019 

March 8 (Reuters) - J Sainsbury Plc ::SAINSBURY(J) PLC - DIRECTORATE CHANGE.IN LINE WITH PREVIOUS ANNOUNCEMENTS ON 11 JULY 2018 AND 1 NOVEMBER 2018, DAVID TYLER WILL BE STEPPING DOWN FROM BOARD ON 9 MARCH 2019 .MARTIN SCICLUNA WILL BE APPOINTED AS CHAIRMAN ON 10 MARCH 2019. .  Full Article

Sainsbury Issues Statement On UK CMA's Findings Related To Asda Merger
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - J Sainsbury PLC ::STATEMENT RE CMA PROVISIONAL FINDINGS."FUNDAMENTALLY DISAGREE" WITH PROVISIONAL FINDINGS BY CMA.J SAINSBURY PLC SAYS "COMBINING SAINSBURY'S AND ASDA WOULD CREATE SIGNIFICANT COST SAVINGS WHICH WOULD ALLOW US TO LOWER PRICES" .WILL BE WORKING TO UNDERSTAND RATIONALE BEHIND CMA'S FINDINGS AND WILL CONTINUE TO MAKE CO'S CASE IN COMING WEEKS.  Full Article

Britain's CMA Extends Reference Period for Sainsbury's-Asda deal
Monday, 11 Feb 2019 

Feb 11 (Reuters) - J Sainsbury PLC ::BRITAIN'S CMA SAYS HAS EXTENDED REFERENCE PERIOD FOR SAINSBURY'S - ASDA DEAL TO APRIL 30.BRITAIN'S CMA SAYS NEEDS TO CONSIDER ISSUES RAISED BY THE MAIN PARTIES’ AND THIRD PARTIES’ SUBMISSIONS OVER THE DEAL.  Full Article

Uk Competition Appeal Tribunal on Sainsbury's Asda deal
Friday, 18 Jan 2019 

Jan 18 (Reuters) - Competition Appeal Tribunal judgment on timetable for inquiry into J.Sainsbury/Asda deal. :.  Full Article

J Sainsbury Says Its CFO Appointed As Non-Executive Director Of Centrica
Tuesday, 15 Jan 2019 

Jan 16 (Reuters) - J Sainsbury PLC ::DIRECTOR DECLARATION.KEVIN O'BYRNE, CHIEF FINANCIAL OFFICER, HAS BEEN APPOINTED AS A NON-EXECUTIVE DIRECTOR OF CENTRICA PLC.  Full Article

Sainsbury's Hunts Successor To Veteran Bank Chief - Sky News
Thursday, 3 Jan 2019 

Jan 3 (Reuters) - :SAINSBURY'S HUNTS SUCCESSOR TO VETERAN BANK CHIEF - SKY NEWS.PETER GRIFFITHS, WHO HAS RUN SAINSBURY'S BANK SINCE 2012, IS TO STEP DOWN FROM THE ROLE NEXT YEAR - SKY NEWS.  Full Article

J Sainsbury PLC News

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Online and discounters to drive 12.5% growth in UK grocery by 2024

LONDON Britain's food and grocery industry is forecast to grow by 12.5% to 217.7 billion pounds by 2024, driven by the online and discounter channels, researcher IGD said on Thursday.

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