For immediate release
JD Wetherspoon plc
("the Company")
Notification of transactions of directors, persons discharging managerial responsibility (PDMR) or connected parties
Share Incentive Plan
Following the maturity of an unapproved FreeShare award on 30 March 2010, ordinary shares were sold on 30 March 2010 to cover the cost of the tax and NI on the unapproved shares for the directors and PDMRs listed below. The sale price for all shares was £5.1725 per share:
Shares Matured |
No. of Shares Sold |
|
Director |
||
John Hutson |
5,748 |
2,363 |
Paul Harbottle |
2,093 |
864 |
Su Cacioppo |
2,447 |
1,010 |
PDMR |
||
David Capstick |
2,667 |
1,097 |
Martin Geoghegan |
1,966 |
812 |
Rebecca Payton |
1,216 |
505 |
The following FreeShares were awarded under the SIP scheme to the directors and PDMRs on 31 March 2010 at a price of £5.2317:
Approved FreeShares |
Unapproved FreeShares |
|
Director |
||
John Hutson |
0 |
9,557 |
Keith Down |
0 |
5,973 |
Paul Harbottle |
0 |
5,017 |
Su Cacioppo |
0 |
4,539 |
PDMR |
||
David Capstick |
0 |
4,420 |
Kirk Davis |
573 |
2,652 |
Martin Geoghegan |
0 |
4,061 |
Rebecca Payton |
0 |
3,344 |
Following the above transactions, the directors and PDMRs now hold the following SIPS in trust:
Total Approved FreeShares held in Trust |
Total Unapproved FreeShares held in Trust |
|
Director |
||
John Hutson |
6,003 |
69,341 |
Keith Down |
2,825 |
39,364 |
Paul Harbottle |
3,761 |
34,188 |
Su Cacioppo |
5,851 |
34,083 |
PDMR |
||
David Capstick |
3,799 |
31,308 |
Kirk Davis |
573 |
9,313 |
Martin Geoghegan |
4,938 |
24,534 |
Rebecca Payton |
4,263 |
21,406 |
Deferred Bonus Scheme - Correction
The release made on 22 March 2010 incorrectly disclosed the number of shares sold; below is the updated information. As previously announced, the shares (sold at 517.8506p per share) were solely to cover crystallised income tax and national insurance contribution liabilities; the retained shares are restricted until September 2010.
2008 Scheme Sold |
Retained |
2009 Scheme Sold |
Retained |
2007 Scheme Sold |
Retained |
|
Director |
||||||
John Hutson |
13,357 |
19,220 |
3,433 |
4,940 |
0 |
0 |
Keith Down |
8,813 |
12,682 |
2,155 |
3,099 |
19,294 |
27,764 |
Paul Harbottle |
6,764 |
9,733 |
1,805 |
2,597 |
0 |
0 |
Su Cacioppo |
5,908 |
8,500 |
1,629 |
2,342 |
0 |
0 |
PDMR |
||||||
David Capstick |
6,334 |
9,114 |
1,595 |
2,295 |
0 |
0 |
Kirk Davis |
1,554 |
2,232 |
1,036 |
1,489 |
0 |
0 |
Martin Geoghegan |
4,845 |
6,971 |
1,290 |
1,855 |
0 |
0 |
Rebecca Payton |
4,399 |
6,330 |
1,203 |
1,731 |
0 |
0 |
Following the above transactions, the directors's and PDMRs's resultant shareholdings in the Company are:
Director
John Hutson - 111,628
Keith Down - 43,545
Paul Harbottle - 38,559
Su Cacioppo - 48,137
PDMR
David Capstick - 26,078
Martin Geoghegan - 12,557
Rebecca Payton - 20,999
Kirk Davis - 3,721
6 April 2010
Enquiries
Sally Kenward, Tel.: 01923 477 764
Assistant Company Secretary, JD Wetherspoon plc