For immediate release
JD Wetherspoon plc
("the Company")
Notification of transactions of directors, persons discharging managerial responsibility (PDMR) or connected parties
Share Incentive Plan
The Company was informed on 11 April 2011, that following the maturity of an unapproved SIP award on 31 March 2011, ordinary shares were sold on 1 April 2011 to cover the cost of the tax and NI on the unapproved shares for the directors and PDMRs listed below. The sale price for all shares was £4.2019 per share:
Shares Matured |
No. of Shares Sold |
|
Director |
||
John Hutson |
17,474 |
17,474 |
Su Cacioppo |
11,185 |
5,708 |
PDMR |
||
David Capstick |
8,081 |
8,081 |
Martin Geoghegan |
6,077 |
3,103 |
Rebecca Payton |
5,072 |
2,481 |
The following shares were awarded under the unapproved Share Incentive Plan to the directors and PDMRs on 31 March 2011 at a price of £4.3565:
Unapproved SIP |
|
Director |
|
John Hutson |
11,764 |
Kirk Davis |
3,970 |
Su Cacioppo |
5,588 |
PDMR |
|
David Capstick |
5,441 |
Martin Geoghegan |
5,000 |
Rebecca Payton |
4,117 |
Following the above transactions, the directors and PDMRs now hold the following SIPS in trust:
Total Approved SIPS held in Trust |
Total Unapproved SIPS held in Trust |
|
Director |
||
John Hutson |
6,936 |
69,064 |
Kirk Davis |
1,272 |
16,518 |
Su Cacioppo |
6,550 |
31,286 |
PDMR |
||
David Capstick |
3,901 |
31,100 |
Martin Geoghegan |
6,090 |
26,123 |
Rebecca Payton |
3,968 |
22,667 |
Following the above transactions, the directors and PDMR's resultant shareholdings in the Company are:
Director
John Hutson - 54,801
Kirk Davis - 0
Su Cacioppo - 36,908
PDMR
David Capstick - 27,140
Martin Geoghegan - 25,298
Rebecca Payton - 11,501
In addition, the Company was informed on 23 March 2011 that, following a change in the total voting rights as a result of the recent share buyback activity, the total holding of Tim Martin and his connected persons now represents 24.94% of voting rights. The total number of shares held by Tim Martin and his connected persons remains unchanged at 32,815,473.
12 April 2011
Enquiries
Sally Kenward, Tel.: 01923 477764
Assistant Company Secretary, JD Wetherspoon plc