Last checked at 31 Aug 2018 16:45
For immediate release
JD Wetherspoon plc (the "Company")
Notification of transactions of directors, persons discharging managerial responsibility (PDMR) or connected persons
The Company was notified on 29 August 2018 that EES Corporate Trustees Limited had transferred on 28 August 2018 9,002 ordinary shares to John Hutson, Chief Executive Officer, for nil consideration. The shares were held by EES Corporate Trustees on trust for John Hutson and were previously awarded to him as part of the Company's approved Share Incentive Plan ("SIP").
The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.
PDMR/PCA FCA Transaction Notification
1. | Persons Discharging Managerial Responsibilities | |||||
| Name | John Hutson | ||||
2. | Reason for the notification | |||||
2(a) | Position/Status | Chief Executive Officer | ||||
2(b) | Initial Notification/Amendment | Initial Notification | ||||
3. | Details of the issuer | |||||
3(a) | Name | JD Wetherspoon plc | ||||
3(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 2p each GB000163895 | ||||
b) | Nature of transaction | Transfer | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
9,002 n.a | ||||
e) | Date of the transaction | 28 August 2018 | ||||
f) | Place of the transaction | Outside of a trading venue | ||||
Enquiries:
John Hutson | Chief Executive Officer | 01923 477777 |
Ben Whitley | Finance Director | 01923 477777 |
Nigel Connor | Company Secretary | 07818 232529 |
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.