Pub Giant Wetherspoon Reports Changes to Capital, Voting Rights After Share Cancellation
The popular British pub chain, J D Wetherspoon or ‘Wetherspoon’, has revealed that they have made a significant adjustment to their share capital and voting rights. As of 2nd April 2025, Wetherspoon has confirmed the cancellation of 1,611,668 ordinary shares previously purchased by the company. The shares were originally obtained on several dates across late March 2025, with the largest single-day purchase of 705,000 made on the 24th. This cancellation has led to a notable change in the company’s issued share capital and consequently, total voting rights.
As a result, with no ordinary shares currently held in the treasury, the total number of voting rights in Wetherspoon post-cancellation stands at 119,602,528. With each share carrying a nominal value of £0.02, shareholders are advised to use this new figure as the denominator for any calculations concerning their interest, or a change in their interest, in the company under the Financial Conduct Authority’s Disclosure and Transparency Rules.
Wetherspoon’s announcement serves as a vital update for its shareholders and the market, highlighting transparency as a key facet of the company’s governance. It underlines the importance of shareholders being well-informed about the company’s financial decisions, promoting an environment of trust and openness.
- •Total Voting Rights investegate.co.uk02-04-2025