News Releases
15th June 2007
STATEMENT BY DELTA (TWO) LIMITED REGARDING J SAINSBURY PLC
Delta (Two) Limited ("Delta Two") confirms that it acquired today 123,000,000 ordinary shares in J Sainsbury plc (the "Company") at a price of 595 pence per share. This equates to an interest of 7.068 per cent. of the issued ordinary share capital of the Company.
Together with the interest of 300,000 ordinary shares in the Company held by His Excellency Sheikh Hamad bin Jassim bin Jaber Al Thani (who is deemed to be acting in concert with Delta Two) and Delta Two's interest relating to 311,864,241 ordinary shares in the Company acquired through a total return swap, under the terms of which Delta Two may elect for physical delivery of the shares, Delta Two is interested in 435,164,241 ordinary shares in the Company . This equates to an interest of 25.007 per cent. of the issued ordinary share capital of the Company in aggregate.
Percentages (rounded to three decimal places) of ordinary share capital in this announcement have been calculated using the issued ordinary share capital number (1,740,155,743) as at 31 May 2007, as disclosed on the Company's website on 4 June 2007.
