JD Wetherspoon founder Tim Martin sold £10m shares, causing a 0.9% share price drop and reducing his stake to 24.58%.
JD Wetherspoon founder Tim Martin has sold nearly £10m worth of shares in the pub giant, resulting in a 0.9% drop in the company's share price. The sale reduced Martin's stake in the firm from 25.68% to 24.58%. Wetherspoons, which has 801 UK sites and 43,000 employees, has recently reported an improvement in sales despite unseasonably wet weather.
July 29, 2024
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