JD Wetherspoon chief exec offloads shares

John Hutson, chief executive officer of the budget pub group JD Wetherspoon, benefited from the firm's ability to buck the market trend today as he sold shares for a handsome profit.

He sold 20,000 shares at 391.4p a time and transferred 5,000 to his wife who sold them at the same price.

He also exercised 2,500 options at 228p and 400 at 333.8p and sold all of these at 391.4p too.

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The transactions leave him with just less than 100,000 shares.

While the past year has been a grim one for most companies, shares in JD Wetherspoon are up by 60% on the year.

The transactions took place on Friday, when JD Wetherspoon posted half year figures pretty much in line with expectations and said its pubs have continued to trade well since the end of the period.

Top Director Buys

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Top Director Sells

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