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SBRY Sainsbury (j) Plc

256.60
-11.40 (-4.25%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sainsbury (j) Plc LSE:SBRY London Ordinary Share GB00B019KW72 ORD 28 4/7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -11.40 -4.25% 256.60 254.80 255.00 266.40 254.60 263.20 13,126,885 16:35:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Grocery Stores 31.49B 207M 0.0878 29.04 6.01B

Sainsbury(J) PLC Response to press speculation (6033F)

17/11/2020 12:00pm

UK Regulatory


Sainsbury (j) (LSE:SBRY)
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RNS Number : 6033F

Sainsbury(J) PLC

17 November 2020

17 November 2020

J Sainsbury plc

Response to press speculation

We note recent media speculation regarding a possible sale of Sainsbury's Bank. We set out a clear five year plan for Sainsbury's Bank at our Capital Markets Day in September 2019 and confirmed this plan as part of our Interim results and strategy update on 5(th) November 2020. We are on track to deliver that plan despite the impact of COVID-19 and expect to deliver a profit in the second half of this financial year. We have received some very preliminary expressions of interest in the Bank, but this does not mean anything will come of these discussions. Our management team remains focused on delivering the plan.

Enquiries

Investor Relations: James Collins +44 (0) 7801 813 074

Media: Rebecca Reilly +44 (0) 20 7695 7295

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

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(END) Dow Jones Newswires

November 17, 2020 07:00 ET (12:00 GMT)

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