JD Wetherspoon plc
("the Company")
Deferred Bonus Scheme
The Company announces that it has today 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) on Friday 27 September 2013 at a price of 738.2p:
2013 Scheme*
Directors |
Number of shares purchased |
John Hutson |
32,334 |
Kirk Davis |
15,928 |
Su Cacioppo |
16,800 |
PDMRs |
|
David Capstick |
16,428 |
Martin Geoghegan |
14,188 |
Paul Hine |
8,586 |
Miles Slade |
8,960 |
*Please note the directors and PDMRs chose to take their first award as a cash bonus rather than shares and the above relates to the second and third tranches of the scheme which will vest over the next 2 years.
2012 Scheme - 12 Month Vest
The following shares from the 2012 scheme vested on 24 September 2013 at a price of £7.375.
|
2012 Tranche 2 Vest |
|
Directors |
Shares Vesting |
No. sold |
John Hutson |
11,916 |
5,612 |
Kirk Davis |
5,531 |
5,531 |
Su Cacioppo |
6,192 |
6,192 |
PDMRs |
|
|
David Capstick |
6,054 |
6,054 |
Martin Geoghegan |
5,229 |
5,229 |
Paul Hine |
2,661 |
1,120 |
Miles Slade |
2,531 |
2,531 |
Share Incentive Plan - Unapproved Vest
The Company was informed on 26 September 2013, that following the maturity of an unapproved SIP award on 23 September 2013, ordinary shares were sold on 23 September 2013 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 £7.394308 per share:
Shares Matured |
No. of Shares Sold |
|
Director |
||
John Hutson |
10,959 |
5,153 |
Kirk Davis |
3,235 |
3,235 |
Su Cacioppo |
4,838 |
4,838 |
PDMR |
||
David Capstick |
4,693 |
4,963 |
Martin Geoghegan |
4,255 |
2,002 |
Paul Hine |
1,442 |
608 |
Miles Slade |
1,399 |
1,399 |
Following the above transactions, the directors and PDMR's now hold the following:
Director |
Total Approved SIPS held in Trust (less than 3 years |
Total Unapproved SIPS held in Trust |
Total Deferred Bonus Scheme held in Trust |
Shareholding including SIPS held in trust (over 3 years) |
John Hutson |
2,316 |
56,571 |
44,250 |
49,611 |
Kirk Davis |
1,292 |
24,302 |
21,459 |
2,568 |
Su Cacioppo |
1,904 |
27,593 |
22,992 |
51,082 |
PDMRs |
|
|
|
|
David Capstick |
2,506 |
26,900 |
22,482 |
41,711 |
Martin Geoghegan |
2,535 |
23,732 |
19,417 |
20,605 |
Paul Hine |
2,666 |
10,615 |
11,247 |
3,580 |
Miles Slade |
2,134 |
10,179 |
11,621 |
1,337 |
30 September 2013
Enquiries
Sally Kenward, Tel.: 01923 477764
Assistant Company Secretary, JD Wetherspoon plc