To see your maturity choices, select your plan

Your Sharesave choices

  • Use the Sharesave calculator to see how much your savings could be worth.
  • Submit your choice at oursainsburys.co.uk/shares
  • Instruct to sell your shares between 9am on Monday 3rd March 2025 and 11am Friday 29th August 2025* via oursainsburys.co.uk/shares. Sales will be arranged using the Equiniti Financial Services Limited Share Sale Service.
  • Your sale proceeds will be sent to the bank account into which you receive your pay (or by cheque, if your bank details are not held)
  • If your instruction is made before 11am, where possible your shares will be sold on the same day. If your instruction is received after 11am, where possible, your shares will be sold the next working day. However, if there is a large volume of shares to sell (e.g. in the first week of March), your shares may be sold up to five working days after you provide your instruction
  • Under normal circumstances, you will not have to pay income tax when you buy shares at the discounted share price. If you sell your shares and your profit means your total capital gains exceed the annual allowance, you may need to pay Capital Gains Tax (CGT). The annual CGT allowance in 2024/25 is £3,000. You should consult a qualified independent financial advisor if you would like advice on capital gains tax, or tax more generally.

* If you have missed one or more payments, this date will be later.

Choose this option if:

  • The Sainsbury's share price is above £2.28
  • You'd like an easy way to sell your shares (via oursainsburys.co.uk/shares)
  • You'd like a low dealing fee of £15. Use the Sharesave Calculator to check that your profit will be higher than your dealing fee
  • You'd like to receive your proceeds into the bank account you receive your pay into
  • You are happy for shares to be sold within five working days of your instruction

Remember: If you submit your choice to sell shares via oursainsburys.co.uk/shares before 11am, attempts will be made to arrange the sale the same day. However, if a very large number of colleagues choose to sell at the same time (e.g. in the first week of March), the shares may have to be sold over a number of days. If this happens, the share price will be averaged so that everyone who has sold during that time will have the same price.

  • Use the Sharesave calculator to see how much your savings could be worth.
  • Submit your choice at oursainsburys.co.uk/shares by 5pm on Friday 29th August 2025*
  • Keep your shares to become a Sainsbury's shareholder (receive dividends when they are paid and vote at the Sainsbury's Annual General Meeting)
  • Sell your shares at any time in the future
  • Transfer your shares to a spouse/civil partner by selecting 'transfer to spouse/civil partner' when submitting your maturity choice
  • Keep your shares electronically and manage them through oursainsburys.co.uk/shares

* If you have missed one or more payments, this date will be later.

Choose this option if:

  • You'd like more control over when your shares are sold; or
  • You'd like to give some of your shares to a spouse/civil partner; or
  • You'd like to sell the shares through your own broker (or via the Equiniti Financial Services Limited Share Dealing Service - see FAQs for more information)
  • You're happy to manage your shares via oursainsburys.co.uk/shares or at www.shareview.co.uk
  • You'd like to transfer your shares to a Stocks & Shares ISA (if you transfer shares into a Stocks & Shares ISA within 90 days they will be exempt from Capital Gains Tax); or
  • You'd like to receive your money in a different bank account to the bank account that you receive your pay into
  • Use the Sharesave calculator to see how much your savings could be worth.
  • To take all your savings back (instead of buying shares to keep or sell), call EQ on 0333 207 6545
  • You will receive your savings in the same bank account as your pay, usually within ten working days
  • If you ask for your savings back, you won't be able to buy shares at the discounted share price and could lose the opportunity to make a profit (if the share price at the time you sell is higher than the discounted share price)

* If you have missed one or more payments, this date will be later.

Choose this option if:

  • The share price is lower than £2.28

Remember: You have until Friday 29th August 2025* to make your choice so you can wait to see if the share price increases before taking your savings back.

Your Sharesave choices

  • Use the Sharesave calculator to see how much your savings could be worth.
  • Submit your choice at oursainsburys.co.uk/shares
  • Instruct to sell your shares between 9am on Monday 3rd March 2025 and 11am Friday 29th August 2025* via oursainsburys.co.uk/shares. Sales will be arranged using the Equiniti Financial Services Limited Share Sale Service.
  • Your sale proceeds will be sent to the bank account into which you receive your pay (or by cheque, if your bank details are not held)
  • If your instruction is made before 11am, where possible your shares will be sold on the same day. If your instruction is received after 11am, where possible, your shares will be sold the next working day. However, if there is a large volume of shares to sell (e.g. in the first week of March), your shares may be sold up to five working days after you provide your instruction
  • Under normal circumstances, you will not have to pay income tax when you buy shares at the discounted share price. If you sell your shares and your profit means your total capital gains exceed the annual allowance, you may need to pay Capital Gains Tax (CGT). The annual CGT allowance in 2024/25 is £3,000. You should consult a qualified independent financial advisor if you would like advice on capital gains tax, or tax more generally.

* If you have missed one or more payments, this date will be later.

Choose this option if:

  • The Sainsbury's share price is above £1.61
  • You'd like an easy way to sell your shares (via oursainsburys.co.uk/shares)
  • You'd like a low dealing fee of £15. Use the Sharesave Calculator to check that your profit will be higher than your dealing fee
  • You'd like to receive your proceeds into the bank account you receive your pay into
  • You are happy for shares to be sold within five working days of your instruction

Remember: If you submit your choice to sell shares via oursainsburys.co.uk/shares before 11am, attempts will be made to arrange the sale the same day. However, if a very large number of colleagues choose to sell at the same time (e.g. in the first week of March), the shares may have to be sold over a number of days. If this happens, the share price will be averaged so that everyone who has sold during that time will have the same price.

  • Use the Sharesave calculator to see how much your savings could be worth.
  • Submit your choice at oursainsburys.co.uk/shares by 5pm on Friday 29th August 2025*
  • Keep your shares to become a Sainsbury's shareholder (receive dividends when they are paid and vote at the Sainsbury's Annual General Meeting)
  • Sell your shares at any time in the future
  • Transfer your shares to a spouse/civil partner by selecting 'transfer to spouse/civil partner' when submitting your maturity choice
  • Keep your shares electronically and manage them through oursainsburys.co.uk/shares

* If you have missed one or more payments, this date will be later.

Choose this option if:

  • You'd like more control over when your shares are sold; or
  • You'd like to give some of your shares to a spouse/civil partner; or
  • You'd like to sell the shares through your own broker (or via the Equiniti Financial Services Limited Share Dealing Service - see FAQs for more information)
  • You're happy to manage your shares via oursainsburys.co.uk/shares or at www.shareview.co.uk
  • You'd like to transfer your shares to a Stocks & Shares ISA (if you transfer shares into a Stocks & Shares ISA within 90 days they will be exempt from Capital Gains Tax); or
  • You'd like to receive your money in a different bank account to the bank account that you receive your pay into
  • Use the Sharesave calculator to see how much your savings could be worth.
  • To take all your savings back (instead of buying shares to keep or sell), call EQ on 0333 207 6545
  • You will receive your savings in the same bank account as your pay, usually within ten working days
  • If you ask for your savings back, you won't be able to buy shares at the discounted share price and could lose the opportunity to make a profit (if the share price at the time you sell is higher than the discounted share price)

* If you have missed one or more payments, this date will be later.

Choose this option if:

  • The share price is lower than £1.61

Remember: You have until Friday 29th August 2025* to make your choice so you can wait to see if the share price increases before taking your savings back.

Key dates

Now

Check oursainsburys.co.uk/shares to see if you have any missed payments

9am Monday 3rd March 2025*

Make your choice from this date (the 'Maturity' date)

Friday 29th August 2025*

Final date to make your choice

11am: Deadline to submit an instruction if you wish to buy and sell your shares

5pm: Deadline to submit an instruction if you wish to buy and keep your shares

* These dates will be delayed if you have missed any payments

Watch our short videos

Important note

You have six months from your maturity date to make your choice. Share prices can go down as well as up. You should check the Sainsbury's share price on www.about.sainsburys.co.uk before making a decision. If you are unsure about your choice, you should seek advice from an Independent Financial Advisor.

If you do not make your instruction before the deadline, your savings will be automatically returned to the same bank account as your pay, or via cheque to your home address if we don't hold bank details for you.

Still have questions about Sharesave?

Contact EQ's Helpline on 0333 207 6545

For deaf and speech impaired participants, we welcome calls via Relay UK. Please see www.relayuk.bt.com for more information.

Your Sharesave questions answered

Need a different format?

Email sainsburys@equiniti.com for a large print, Braille or audio version of this document.

Sharesave 2024 is open to all colleagues in the UK who started employment on or before 25th August 2024.

target icon

Apply

You decide to save between £5 and £250* per pay period.

£250 is the maximum you can save across all Sharesave schemes per pay period.

hand with coins icon

Save

We'll take the money directly from your pay after tax for three years (36 payments in total).

calendar icon

Choose

At the end of three years, you can either buy Sainsbury's shares at a 20% discounted share price, then:

  • Keep the shares and become a Sainsbury's shareholder; or
  • Sell your shares to receive the cash and any profit

Or you could choose to take all your savings (+ bonus) back as cash if the share price isn't high enough to make a profit.

Need a break?

Pause your savings for up to 12 pay periods, or cancel at any time to have all your savings back

Your savings are safe

Your savings are held with Lloyds Bank plc and are protected by the Financial Services Compensation Scheme (FSCS)

Tax-free bonus

Your savings will be boosted by a tax-free bonus. See How much could my savings be worth? section for details

* We have a set number of shares available. We'll let you know in January 2025 if we need to reduce the amount you can save.

Watch our short video on how Sharesave works

The HMRC bonus rate for Sharesave 2024 is 0.9 so your savings after three years will be boosted with a tax-free bonus equivalent to 0.9 x one pay period's payment. The bonus rate is set by HMRC. You can use this bonus to buy shares (to keep or sell), or take your savings and bonus as cash.

After three years:

Amount you save per pay period Your savings after three years Bonus (0.9 x one pay period's savings) Total
icon piggy bank icon chart icon present icon note
£5 £180 £4.50 £184.50
£20 £720 £18 £738
£50 £1,800 £45 £1,845
arrow
Savings example

If you saved £20 per pay period…
Your savings (+ bonus) after three years:
£738
Number of shares you could buy at the discounted share price of £2.00:
369 shares (£738 / £2.00)
If the Sainsbury's share price in three years' time is £2.65, your shares would be worth:
£977.85 (369 x £2.65)
Potential profit in this example:
£239.85 (£977.85 - £738)

This is an illustrative example to help you understand what profit you could make. The share price of £2.65 in three years' time is not guaranteed for Sharesave 2024. The share price can go down as well as up.

Apply by 5pm on Wednesday 11th December 2024. You'll need your account number (listed on your invitation letter or email) to apply via text or phone.

Online

Available 24 hours a day, 7 days a week.

Phone

Call 0333 207 6545 to confirm:

  • Your account number
  • Your National Insurance number
  • The savings amount per pay period
  • Your phone number (in case of queries)

Available 24 hours a day, 7 days a week for applications

Top tip: Write down your reference number!

Text

Text 84247 with:

JSSAYE
JSSAYE
Your account number
12121212121
Your NI number
AB123456C
Your savings amount (£30 in this example)
30
Confirm you accept Sharesave Ts and Cs
Y
Confirm you've received the FSCS Information Sheet
Y

Top tip: Remember to add spaces in between!

JSSAYE 12121212121 AB123456C 30 Y Y

Available 24 hours a day, 7 days a week. Charged at standard rate.

The fine print

Read the following documents carefully on oursainsburys.co.uk/shares before you sign up:

  • Sharesave Terms and Conditions
  • Bank Prospectus
  • FSCS Information Sheet

Watch our short videos on how to register and apply

Save these dates to your calendar

Apply

25th
November
2024

Earliest date you can apply

to

11th
December
2024

Don't miss this deadline

You can apply until 5pm on Wednesday 11th December 2024

Save

February
2025

Your first payment

to

October
2027*

Your last payment

For monthly paid colleagues, your last payment will be in January 2028

Choose

1st
March
2028*

Make your choice from this date

to

31st
August
2028*

Final date to make your choice

We'll be in touch beforehand to guide you through the options.
See How Sharesave works for details

* These dates will be delayed if you have missed any payments.

Still have questions about Sharesave?

Contact EQ's Employee Helpline on 0333 207 6545

For deaf and speech impaired participants, we welcome calls via Relay UK.

Please see www.relayuk.bt.com for more information.

Your Sharesave questions answered

Need a different format?

Email sainsburys@equiniti.com for a large print, Braille or audio version of this document.