Wetherspoon (JD) PLC Director/PDMR Shareholding (4327N)

TIDMJDW

RNS Number : 4327N

Wetherspoon (JD) PLC

28 September 2012

JD Wetherspoon plc

("the Company")

Deferred Bonus Scheme

The Company announces that it has 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):

2011/12 Scheme

The following shares were purchased on 24 September 2012 at a price of GBP4.724. The shares will vest over a two year period*.

 
                             Number of 
                      shares purchased 
   Directors 
------------------  ------------------ 
 John Hutson                    23,831 
------------------  ------------------ 
 Kirk Davis                     11,063 
------------------  ------------------ 
 Su Cacioppo                    12,383 
------------------  ------------------ 
 PDMRs 
------------------  ------------------ 
 David Capstick                 12,108 
------------------  ------------------ 
 Martin Geoghegan               15,686 
------------------  ------------------ 
 Paul Hine                       5,321 
------------------  ------------------ 
 Miles Slade                     5,063 
------------------  ------------------

The following shares vested under the scheme:

 
                                              2011/12 
                                         Initial Month Vest 
------------------  ----------------------------------------------------------- 
 Name                No. Vesting   No. sold to     Extra shares   Sale Price on 
                                    cover tax/ni    sold           24 September 
                                                                   2012 
------------------  ------------  --------------  -------------  -------------- 
 Martin Geoghegan    5,229         2,725           -              GBP4.74 
------------------  ------------  --------------  -------------  --------------

*Please note the other directors and PDMRs chose to take their first award as a cash bonus rather than shares.

Share Incentive Plan

The Company was informed on 26 September 2012, that following the maturity of an unapproved SIP award on 24 September 2012, ordinary shares were sold on 24 September 2012 to cover either the cost of the tax and NI or sell the whole of the share vest on the unapproved shares for the directors and PDMRs listed below. The sale price for all shares was GBP4.74 per share:

 
                     Shares Matured   No. of Shares 
                                               Sold 
------------------  ---------------  -------------- 
 Director 
------------------  ---------------  -------------- 
 John Hutson                  9,480           4,933 
------------------  ---------------  -------------- 
 Kirk Davis                   3,277           1,675 
------------------  ---------------  -------------- 
 Su Cacioppo                  4,185           4,185 
------------------  ---------------  -------------- 
 PDMR 
------------------  ---------------  -------------- 
 David Capstick               4,059           4,059 
------------------  ---------------  -------------- 
 Martin Geoghegan             3,176           1,655 
------------------  ---------------  -------------- 
 Paul Hine                    1,248             654 
------------------  ---------------  -------------- 
 Miles Slade                  1,168           1,168 
------------------  ---------------  --------------

Following the above transactions, the directors and PDMR's now hold the following:

 
 Director            Total Approved   Total Unapproved   Shareholding 
                          SIPS held          SIPS held 
                           in Trust           in Trust 
------------------  ---------------  -----------------  ------------- 
 John Hutson                  8,200             57,276         43,103 
------------------  ---------------  -----------------  ------------- 
 Kirk Davis                   2,005             21,058          3,256 
------------------  ---------------  -----------------  ------------- 
 Su Cacioppo                  7,636             26,945         44,532 
------------------  ---------------  -----------------  ------------- 
 PDMRs 
------------------  ---------------  -----------------  ------------- 
 David Capstick               5,165             26,223         38,199 
------------------  ---------------  -----------------  ------------- 
 Martin Geoghegan             7,354             23,669         25,468 
------------------  ---------------  -----------------  ------------- 
 Paul Hine                    4,879              8,604            808 
------------------  ---------------  -----------------  ------------- 
 Miles Slade                  2,653              7,876              - 
------------------  ---------------  -----------------  -------------

28 September 2012

Enquiries

Sally Kenward, Tel.: 01923 477764

Assistant Company Secretary, JD Wetherspoon plc

This information is provided by RNS

The company news service from the London Stock Exchange

END

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