Director/PDMR Shareholding

RNS Number : 4327N
Wetherspoon (JD) PLC
28 September 2012
 



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):

 

2011/12 Scheme

 

The following shares were purchased on 24 September 2012 at a price of £4.724. The shares will vest over a two year period*.

 

 

 

Directors

Number of shares purchased

John Hutson

23,831

Kirk Davis

11,063

Su Cacioppo

12,383

PDMRs


David Capstick

12,108

Martin Geoghegan

15,686

Paul Hine

5,321

Miles Slade

5,063



The following shares vested under the scheme:

 


2011/12

Initial Month Vest

Name

No. Vesting

No. sold to cover tax/ni

Extra shares sold

Sale Price on 24 September 2012

Martin Geoghegan

5,229

2,725

-

£4.74

 

*Please note the other directors and PDMRs chose to take their first award as a cash bonus rather than shares.

 


Share Incentive Plan

 

The Company was informed on 26 September 2012, that following the maturity of an unapproved SIP award on 24 September 2012, ordinary shares were sold on 24 September 2012 to cover either the cost of the tax and NI or sell the whole of the share vest on the unapproved shares for the directors and PDMRs listed below. The sale price for all shares was £4.74 per share:

 

Shares Matured

No. of Shares Sold

Director

John Hutson

9,480

4,933

Kirk Davis

3,277

1,675

Su Cacioppo

4,185

4,185

PDMR

David Capstick

4,059

4,059

Martin Geoghegan

3,176

1,655

Paul Hine

1,248

654

Miles Slade

1,168

1,168

 

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

 

Director

Total Approved SIPS held in Trust

Total Unapproved SIPS held in Trust

Shareholding

John Hutson

8,200

57,276

43,103

Kirk Davis

2,005

21,058

3,256

Su Cacioppo

7,636

26,945

44,532

PDMRs




David Capstick

5,165

26,223

38,199

Martin Geoghegan

7,354

23,669

25,468

Paul Hine

4,879

8,604

808

Miles Slade

2,653

7,876

-

 

 

28 September 2012

 

Enquiries

Sally Kenward, Tel.:  01923 477764

Assistant Company Secretary, JD Wetherspoon plc

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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