IN BRIEF: Sainsbury CEO Simon Roberts sells PS1.6 million in shares

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J Sainsbury PLC - London-based food retailer - Chief Executive Officer Simon Roberts sells 578,500 shares at 283.83 pence each, worth £1.6 million on Thursday. This reduces his total stake in the company to 2.2 million shares.

Current stock price: 282.40p, down 0.5% in London on Friday afternoon

12-month change: up 5.4%

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