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Director dealings: Wetherspoon chair, easyJet director make purchases

(Sharecast News) - On the list of director purchases on Tuesday was pub chain JD Wetherspoon, after its outspoken chairman picked up almost a million shares. The company said Tim Martin bought 968,544 shares on 1 September, in a single transaction on the London Stock Exchange.

He picked them up at a price of 700.4075p each, valuing the transaction at £6,783,754.82.

Following the transaction, Wetherspoon said Tim Martin and his connected persons had an interest of 31,743,253 of its shares, representing around 24.65% of its issued share capital.

Elsewhere, easyJet disclosed that one of its independent directors had bought more than 17,000 shares.

It said senior independent director Sue Clark purchased 17,281 shares on 4 September, in a single transaction on the London Stock Exchange.

Clark paid 435p for each share, valuing the transaction at a total of £75,172.35.

At 1355 BST, shares in JD Wetherspoon were down 1.85% at 688.5p, while those in easyJet were up 0.19% at 432.91p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Wetherspoon (j.d.) (JDW) Director name: Martin,Timothy (Tim) Amount purchased: 968,544 @ 700.41p Value: �6,783,754.87

Easyjet (EZJ) Director name: Clark,Sue Amount purchased: 17,281 @ 435.00p Value: �75,172.35

Gfinity (GFIN) Director name: Halley,David Amount purchased: 3,840,000 @ 0.14p Value: �5,376.00

Gfinity (GFIN) Director name: Halley,David Amount purchased: 3,840,000 @ 0.13p Value: �4,992.00

Sareum Holdings (SAR) Director name: Birch,Clive Amount purchased: 2,479 @ 82.27p Value: �2,039.47

Sareum Holdings (SAR) Director name: Birch,Clive Amount purchased: 2,151 @ 83.22p Value: �1,790.06

Greggs (GRG) Director name: Currie,Roisin Amount purchased: 88 @ 1,424.00p Value: �1,253.12

Bloomsbury Publishing (BMY) Director name: Bason,John Amount purchased: 248 @ 424.80p Value: �1,053.50

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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.

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