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  2. Share Prices
  3. Sainsbury's Share Price
  4. Sainsbury's Share Regulatory News
  5. Update on Sainsbury’s Bank

Pin to quick picksSainsbury's Regulatory News (SBRY)

Sainsbury's Information

Share Price Information for Sainsbury's (SBRY)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 283.60
Bid: 283.80
Ask: 284.20
Change: 1.40 (0.50%)
Spread: 0.40 (0.141%)
Open: 282.00
High: 284.40
Low: 281.80
Prev. Close: 282.20
SBRY Live PriceLast checked at -

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Update on Sainsbury’s Bank

22 Oct 2021 07:00

RNS Number : 8791P
Sainsbury(J) PLC
22 October 2021
 

22 October 2021

 THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

J Sainsbury plc

Update on Sainsbury's Bank

On 17 November 2020, J Sainsbury plc ("Sainsbury's") announced that it had received some expressions of interest in a possible acquisition of Sainsbury's Bank.

Whilst the Board of Sainsbury's believe that it was in the best interests of shareholders to explore these expressions of interest, it has concluded that these do not offer better value for shareholders than will be realised through retaining Sainsbury's Bank. Accordingly, all such discussions have now ended.

We continue to make progress strengthening and simplifying our Financial Services business in line with our strategy and we remain comfortable with consensus profit forecasts for the division1.

 

1Current analyst consensus for Financial Services Underlying Operating Profit: FY21/22 £26m, FY22/23 £43m, FY23/24 £49m.

Tim Fallowfield, Company Secretary and Corporate Services Director, was responsible for the disclosure of this announcement.

 

For further information, please contact:

Investor Relations Enquiries

James Collins +44 (0) 7801 813 074

Media Enquiries:

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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Date   Source Headline
1st May 20203:30 pmRNSTotal Voting Rights
30th Apr 202010:00 amRNSBoard Committee Memberships
30th Apr 20207:00 amRNSFinal Results
27th Apr 20206:34 pmRNSDisclosure of Rights attached to Ordinary Shares
17th Apr 20205:45 pmRNSDirector/PDMR Shareholding
1st Apr 20203:00 pmRNSTotal Voting Rights
20th Mar 20204:50 pmRNSDirector/PDMR Shareholding
18th Mar 20207:00 amRNSBusiness Rates
2nd Mar 202010:25 amRNSTotal Voting Rights
26th Feb 20205:05 pmRNSDirector/PDMR Shareholding
21st Feb 202012:00 pmRNSDirector/PDMR Shareholding
12th Feb 20207:00 amRNSDirectorate Change - Sainsbury's Bank
3rd Feb 20202:30 pmRNSBlock listing Interim Review
3rd Feb 20202:30 pmRNSTotal Voting Rights
28th Jan 20207:00 amRNSJ Sainsbury plc to become Net Zero by 2040
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22nd Jan 20207:00 amRNSDirectorate Changes
20th Jan 202012:30 pmRNSDirector/PDMR Shareholding
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8th Jan 20207:00 amRNSQ3 Trading Statement
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14th Nov 201912:30 pmRNSAdjustment of Conversion Price
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7th Nov 20197:00 amRNSHalf-year Report
1st Nov 20192:00 pmRNSTotal Voting Rights
1st Nov 201912:00 pmRNSDirector/PDMR Shareholding
30th Oct 20197:00 amRNSDirectorate Changes
16th Oct 20197:00 amRNS2018/19 Financial Statements restated for IFRS 16
4th Oct 20191:15 pmRNSDirector/PDMR Shareholding
1st Oct 201912:15 pmRNSTotal Voting Rights
1st Oct 20197:00 amRNSJ Sainsbury plc Management Update
25th Sep 20195:00 pmRNSCapital Markets Day
25th Sep 20197:00 amRNSQ2 Trading Statement
10th Sep 201911:00 amRNSManagement Update
6th Sep 20191:00 pmRNSDirector/PDMR Shareholding
2nd Sep 20194:50 pmRNSTotal Voting Rights
9th Aug 20191:31 pmRNSDirector/PDMR Shareholding
1st Aug 20192:03 pmRNSBlock listing Interim Review
1st Aug 20191:50 pmRNSTotal Voting Rights
12th Jul 20192:08 pmRNSDirector/PDMR Shareholding
4th Jul 20193:05 pmRNSResult of AGM
3rd Jul 20197:00 amRNSQ1 Trading Statement
1st Jul 20193:10 pmRNSTotal Voting Rights
14th Jun 20192:01 pmRNSDirector/PDMR Shareholding
11th Jun 20197:00 amRNSJ Sainsbury plc Management Update
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