Director/PDMR Shareholding

RNS Number : 7512U
Wetherspoon (JD) PLC
01 April 2019
 

01 April 2019

J D WETHERSPOON PLC

Notification of transactions of directors, persons discharging managerial responsibility (PDMR) or connected persons

 

JD Wetherspoon plc (the "Company") was notified on 01 April 2019 that John Hutson, Chief Executive Officer, and his spouse, Susan Hutson carried out the following transactions on 01 April 2019:

 

·      John Hutson transferred a total of 5,000 Ordinary Shares of 2 pence each in the Company ("Shares") for nil consideration to his spouse, Susan Hutson

·      John Hutson sold 2,500 Shares at a price of 1305p per Share

·      Susan Hutson sold 2,500 Shares at a price of 1305p per Share

 

Following the above transactions, John Hutson's total beneficial holding is 108,918 Shares.

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

John Hutson

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

J D Wetherspoon plc

b)

LEI

213800CHWARFAAN7UB85

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2 pence each

 GB0001638955

b)

Nature of the transaction

Transfer of Shares to Susan Hutson

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil consideration

5,000

 

d)

Aggregated information

-   Aggregated volume

-   Price

 N/A

e)

Date of the transaction

01 April 2019

f)

Place of the transaction

Outside a trading venue

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2 pence each

 GB0001638955

b)

Nature of the transaction

Sale of Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1305p

2,500

 

d)

Aggregated information

-   Aggregated volume

-   Price

2,500

1305p

e)

Date of the transaction

01 April 2019

f)

Place of the transaction

London Stock Exchange

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2 pence each

 GB0001638955

b)

Nature of the transaction

Sale of Shares by Susan Hutson, spouse of

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1305p

2,500

 

d)

Aggregated information

-   Aggregated volume

-   Price

2,500

1305p

e)

Date of the transaction

01 April 2019

f)

Place of the transaction

London Stock Exchange

 

 

Enquiries:

 

John Hutson                  Chief Executive Officer                            01923 477777

Ben Whitley                   Finance Director                                     01923 477777

Eddie Gershon              Company spokesman                             07956 392234

 

 

 

 

Notes to editors

 

 

1.   J D Wetherspoon owns and operates pubs throughout the UK and Ireland. The Company aims to provide customers with good-quality food and drink, served by well-trained and friendly staff, at reasonable prices. The pubs are individually designed, and the Company aims to maintain them in excellent condition.

 

2.   Visit our website: www.jdwetherspoon.com      

 

3.   This announcement has been prepared solely to provide additional information to the shareholders of J D Wetherspoon, to meet the requirements of the FCA's Disclosure and Transparency Rules. It should not be relied on by any other party, for any other purposes. Forward-looking statements have been made by the directors in good faith, using information available up until the date on which they approved this statement. Forward-looking statements should be regarded with caution, because of the inherent uncertainties in economic trends and business risks.

 


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