Director/PDMR Shareholding

RNS Number : 0285B

Wetherspoon (JD) PLC

19 October 2009

 



JD Wetherspoon plc

("the Company")

Deferred Bonus Scheme

The Company announces that it has been informed that the trustee to the scheme purchased the following ordinary shares to satisfy awards to be made pursuant to the Company's Deferred Bonus Scheme to the under mentioned directors/persons discharging managerial responsibility (PDMRs):

2009 Scheme 

The following shares were purchased on 17 September 2009 at a price of £4.9366. The shares will vest over a three year period. 

Directors	Number of shares purchased
John Hutson	25,121
Keith Down	15,763
Paul Harbottle	13,206
Su Cacioppo	11,915
PDMRs
David Capstick	11,672
Martin Geoghegan	9,437
Rebecca Payton	8,804
Kirk Davis	7,576

The following shares vested under the 2009, 2008 and 2007 schemes: 

	2009 0 Month Vest			2008 12 Month Vest			2007 24 Month vest
Name	No. Vesting	No. sold to cover tax/ni	Extra shares sold	No. Vesting	Number sold to cover tax/ni	Extra shares sold	No. Vesting	Number sold to cover tax/ni	Extra shares sold
John Hutson	8,373	3,433	-	32,576	13,357	-	2,430	997	-
Keith Down	5,254	2,155	3,099	21,493	8,813	-	15,686	6,432	9,254
Paul Harbottle	4,402	1,805	-	16,497	6,764	-	975	400	-
Su Cacioppo	3,971	1,629	-	14,406	5,907	-	1,023	420	-
PDMRs
David Capstick	3,890	1,595	-	15,448	6,334	15,448	1,119	459	-
Martin Geoghegan	3,145	1,290	-	11,816	4,845	-	845	347	-
Rebecca Payton	2,934	1,203	-	10,728	4,399	-	624	256	-
Kirk Davis	2,525	1,036	-	-	-	-	-	-	-

The above shares were all sold on 17 September 2009 at a price of £4.95 per share. 

On 13 October 2009 Keith Down, Finance Director, transferred 10,870 shares to his wife Alison, she then immediately sold them. Keith Down also sold 1,810 shares at the same time. All shares were sold at a price of 504.0p. 

On 12 October 2009, Kirk Davis, a person discharging managerial responsibilities sold 1,489 shares at a sale price of 501.71p. 

Share Incentive Plan

Following the maturity of an unapproved Share Incentive Plan on 29 September 2009, ordinary shares were sold on 30 September 2009 to cover the cost of the tax on the unapproved shares for the under mentioned directors and PDMR's. The sale price for all shares was £4.915:

Director	Shares Matured	No. of Shares Sold to cover tax
John Hutson	5,163	2,123
Paul Harbottle	1,658	686
Su Cacioppo	1,959	810
PDMRs
David Capstick	2,116	871
Martin Geoghegan	1,635	677
Rebecca Payton	1,159	482

  Following the maturity of a 5 year approved Share Incentive Plan on 8 October 2009, ordinary shares were sold on 8 October 2009 for the under mentioned PDMR's. The sale price was £4.87: 

Director	No. Shares Sold
David Capstick	1,214
Rebecca Payton	145

The following SIPS were awarded to the directors and PDMR's on 24 September 2009 at a price of £4.9577:

Director	Approved SIPS	Unapproved SIPS award
John Hutson	605	9,480
Keith Down	605	5,698
Paul Harbottle	605	4,689
Su Cacioppo	605	4,185
PDMRs
David Capstick	605	4,059
Kirk Davis	-	3,277
Martin Geoghegan	605	3,176
Rebecca Payton	605	2,924

Following the above transactions, the directors and PDMR's now hold the following SIPS in trust:

Director	Total Approved SIPS held in Trust	Total Unapproved SIPS held in Trust
John Hutson	6,003	65,532
Keith Down	2,825	33,391
Paul Harbottle	3,761	31,264
Su Cacioppo	5,851	31,991
PDMRs
David Capstick	5,013	29,555
Kirk Davis	0	10,920
Martin Geoghegan	4,938	22,439
Rebecca Payton	4,408	19,278

Following the above transactions, the director's and PDMR's shareholdings in the company are as follows:

John Hutson - 83,003

Paul Harbottle - 34,491

Su Cacioppo - 35,681

Keith Down - 0

David Capstick - 22,828 

Martin Geoghegan - 25,643

Rebecca Payton - 20,645

Kirk Davis - 0 

19 October 2009

 

END

 

 

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