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