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 26September 2014 at a price of 792.3p. Shares were immediately sold to cover tax/ni for the 0 month vest at a price of 801.5 pence per share:
2014 Scheme Award and 0 Month Vest
Directors |
Number of shares purchased |
No. Sold to cover tax/ni |
John Hutson |
7,005 |
1,100 |
Paul Hine |
1,944 |
273 |
Kirk Davis* |
2,488 |
|
Su Cacioppo* |
2,595 |
|
PDMRs |
|
|
David Capstick* |
2,382 |
|
Martin Geoghegan* |
2,058 |
|
Miles Slade* |
1,352 |
|
*Please note these 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.
2013 Scheme - 12 Month Vest
The company was informed on 8 October 2014 that the following shares from the 2013 scheme vested on 29 September 2014 at a price of 797.1052p:
|
2013 Tranche 2 Vest |
|
Directors |
Shares Vesting |
No. sold |
John Hutson |
16,167 |
16,167 |
Kirk Davis |
7,964 |
3,751 |
Su Cacioppo |
8,400 |
8,400 |
PDMRs |
|
|
David Capstick |
8,214 |
8,214 |
Martin Geoghegan |
7,094 |
7,094 |
Paul Hine |
4,293 |
2,022 |
Miles Slade |
4,480 |
4,480 |
2012 Scheme - 24 Month Vest
The following shares from the 2012 scheme vested on 24 September 2014 at a price of 791.5p.
|
2012 24 Month Vest |
|
Directors |
Shares Vesting |
No. sold |
John Hutson |
11,916 |
11,916 |
Kirk Davis |
5,531 |
2,605 |
Su Cacioppo |
6,192 |
6,192 |
PDMRs |
|
|
David Capstick |
6,054 |
6,054 |
Martin Geoghegan |
5,229 |
5,229 |
Paul Hine |
2,661 |
1,254 |
Miles Slade |
2,531 |
2,531 |
SHARE INCENTIVE PLAN AWARD
The Company was informed on 6 October 2014, that the following shares were awarded under the approved and unapproved Share Incentive Plan to the directors and PDMRs on 2 October 2014 at a price of £7.995 per share:
Approved SIP |
Unapproved SIP |
|
Director |
||
John Hutson |
450 |
6,662 |
Kirk Davis |
450 |
3,386 |
Su Cacioppo |
450 |
3,552 |
PDMR |
|
|
David Capstick |
450 |
3,181 |
Martin Geoghegan |
450 |
2,685 |
Paul Hine |
398 |
1,592 |
Miles Slade |
415 |
1,661 |
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 |
2,151 |
65,066 |
20,837 |
57,144 |
Kirk Davis |
2,151 |
30,465 |
10,452 |
9,707 |
Su Cacioppo |
2,151 |
32,612 |
10,996 |
51,886 |
PDMRs |
|
|
|
|
David Capstick |
2,151 |
31,358 |
10,596 |
43,094 |
Martin Geoghegan |
2,151 |
27,162 |
9,152 |
20,796 |
Paul Hine |
2,098 |
14,289 |
5,589 |
6,707 |
Miles Slade |
2,116 |
13,731 |
5,832 |
2,093 |
8 October 2014
Enquiries
Sally Kenward, Tel.: 01923 477764
Deputy Company Secretary, JD Wetherspoon plc