IN BRIEF: Tim Martin sells 1% stake in JD Wetherspoon; now owns 25%

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JD Wetherspoon PLC - Watford, Hertfordshire-based operator of more than 800 pubs and hotels across UK and Ireland - Founder & Chair Tim Martin sells 1.4 million shares at £7.39, worth £10.1 million, on Friday last week. Martin, who founded JD Wetherspoon in 1979, now has 30.4 million shares, a 24.6% stake, down from 25.7% previously.

Current stock price: 740.50 pence, down 1.2% in London on Monday

12-month change: up 9.5%

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