J Sainsbury Plc: Who, Where, How Much?

From Powerbase
Jump to: navigation, search


J Sainsbury Plc, Holborn Place, 33 Holborn, London EC1N 2HT Tel: 0207 695 6000

Company Structure/ Ownership

Share Value: www.j-sainsbury.co.uk/index.cfm


Judith Portrait, Sainsbury's solicitors, holds a blind trust for Lord Sainsbury of Turville, as well as other settlements. At the end of May 2001 the total holding of these trusts amounted to 28 per cent of the Company’s share capital[10]. According to the directors' report of 2001, "Christopher Stone, Andrew Cahn and John Rosenheim are trustees of various settlements, including charitable settlements. As at 29 May 2001 the total holdings of the trusts of which the above are trustees amounted to 5 per cent, 5 per cent and 3 per cent respectively." Christopher Stone is Chief Executive of Diatech, the biotechnology company of which Lord Sainsbury of Turville owns a large proportion.

The report continues: "As at 29 May 2001 the interests, beneficially and as trustees of charitable and other trusts of Lord Sainsbury of Preston Candover KG, the Hon. Simon Sainsbury and the Rt. Hon. Sir Timothy Sainsbury were 4 per cent, 3 per cent and 3 per cent respectively. All the above include duplications. Franklin Resources Inc. has a notifiable interest of 3 per cent."[11] Franklin Resources Inc.'s web page can be found at: http://pub.franklintempleton.com/public/corporate/

Annual Turnover: Sales for 2000 were £18 441 000 000, including VAT and US Sales Tax[12].





Sainsbury's Supermarkets, Shaw's, Sainsbury's Bank, J Sainsbury Developments, Sainsbury's Property Co.

Joint Ventures

In October 2001 Sainsbury's launched a venture with ScottishPower[15] to supply Sainsbury's customers with electricity. The scheme is currently being piloted in six stores.

In July 2001, the two groups unveiled a joint venture in which Boots would take over the health-and-beauty aisles in six Sainsbury's out-of-town superstores, with the first due early in 2002[16].

In September 2001, Sainsbury's signed an energy management contract with Enron to reduce energy consumption by 12 per cent. [Sainsbury's Signs Energy Management Contract with Enron to Reduce Energy Consumption by 12 per cent, 19 September 2001[17]. In the light of Enron's demise it is unclear what will happen to this venture.


  1. ^ www.j-sainsbury.co.uk/anrpt01/financial/directors.htm
  2. ^ www.j-sainsbury.co.uk/anrpt01/financial/directors.htm
  3. ^ J Sainsbury PLC Annual Report and Financial Statement 2001, p.1
  4. ^ www.j-sainsbury.co.uk/anrpt01/whoweare/board.htm http://yahoo.marketguide.com/mgi/biograph.asp?rt=biograph&rn=A2276
  5. ^ J Sainsbury PLC Annual Report and Financial Statement 2001, p. 16/17
  6. ^ www.j-sainsbury.co.uk/media/news_view.cfm?article=192
  7. ^ Mail on Sunday, 16th September 2001 www.thisismoney.com/20010916/nm37683.html
  8. ^ Sainsbury's Signs Energy Management Contract with Enron to Reduce Energy Consumption by 12 per cent, 19 September 2001 www.j-sainsbury.co.uk/media/news_view.cfm?article=188