Outspoken Wetherspoons boss Tim Martin sells nearly £10m worth of shares
Wetherspoon (J.D.)
712.00p
16:45 06/09/24
-1.93%
-14.00p
The outspoken founder and chairman of JD Wetherspoon, Tim Martin, sold just over 1.36m shares in the pub chain at the end of last week, it emerged on Monday.
FTSE 250
20,494.00
16:44 06/09/24
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FTSE 350
4,510.61
16:44 06/09/24
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FTSE All-Share
4,467.47
17:09 06/09/24
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Travel & Leisure
7,270.59
16:44 06/09/24
-0.63%
-45.77
The shares were sold at just over 739p each, netting Martin around £10m.
Following the sale, Martin's voting rights in the company now comprise of just over 30.8m shares, which is a stake of 24.58%.