1 Apr 2019 17:57
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) |
| ||||
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) |
| ||||
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) |
| ||||
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.
Wetherspoon (J.D) (JDW)