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Director dealings: JD Wetherspoon chairman ups stake

(Sharecast News) - JD Wetherspoon revealed on Wednesday that chairman Tim Martin had acquired 2.6m ordinary shares in the FTSE 250-listed pub chain. Martin, who founded the company in 1979, purchased the shares at an average price of 457.25p each, for a total value of £11.88m.

Following the transaction, Martin has an interest in 30.77m ordinary Wetherspoon shares, representing approximately 23.90% of the company's issued share capital.

As of 1610 GMT, JD Wetherspoon shares were up 2.91% at 467.40p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Wetherspoon (j.d.) (JDW) Director name: Martin,Timothy (Tim) Amount purchased: 2,600,000 @ 457.25p Value: £11,888,508.03

Finsbury Growth & Income Trust (FGT) Director name: Hayes ,Simon Amount purchased: 3,978 @ 875.29p Value: £34,819.04

Ondo Insurtech (ONDO) Director name: Morrison,Andrew John Gowdy Amount purchased: 400,000 @ 6.00p Value: £24,000.00

Cropper (james) (CRPR) Director name: Cropper,Mark A J Amount purchased: 2,837 @ 660.00p Value: £18,724.20

Ondo Insurtech (ONDO) Director name: Withington ,Kevin Amount purchased: 166,666 @ 6.00p Value: £9,999.96

Volta Finance Limited (VTA) Director name: Kershaw,Dagmar Kent Amount purchased: 1,284 @ 5.35 Value: 6,869.40

Byotrol (BYOT) Director name: Pinto,Vivan Amount purchased: 300,000 @ 2.19p Value: £6,574.50

Volta Finance Limited (VTA) Director name: Page,Stephen Le Amount purchased: 1,092 @ 5.35 Value: 5,842.20

Volta Finance Limited (VTA) Director name: Ogoundele,Yedau Amount purchased: 899 @ 5.35 Value: 4,809.65

Volta Finance Limited (VTA) Director name: Harrison,Graham Amount purchased: 899 @ 5.35 Value: 4,809.65

Top Director Sells

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.