Press releases 2012
JD Wetherspoon celebrates 20 years on London Stock Exchange
- Founder and Chairman, Tim Martin, opens trading in Market Open Ceremony
- Company's share price has risen 1534 per cent since listing
London Stock Exchange this morning celebrated the anniversary of JD Wetherspoon's twenty year listing on the Main Market. Founder and Chairman, Tim Martin, was joined by JD Wetherspoon staff and London Stock Exchange, Head of UK Primary Markets, Marcus Stuttard. Over 30 representatives from the company, including staff that have been with JD Wetherspoon since they became a public company, marked the occasion by opening London trading.
The company opened its first pub, Marler's Bar, in Muswell Hill in 1979. It now employs nearly 30,000 staff and operates more than 850 pubs as well as hotels and bars across the UK. Since its listing in 1992 the company's share price has risen 1534 per cent.
Marcus Stuttard, Head of UK Primary Markets at London Stock Exchange Group said:
"We are delighted to be celebrating with JD Wetherspoon today and to mark a very British success story. The huge increase in the value of the business over 20 years demonstrates the power of equity in supporting the growth of ambitious businesses.
"Growth stories like that of JD Wetherspoon highlight the strength of British business and the vital role that entrepreneurs and innovative business people have in maintaining the health of the UK economy."
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Notes to editors:
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) sits at the heart of the world's financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering UK and Russian derivatives trading, pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe's capital markets.
The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world access to an extensive range of real-time and reference data products and market-leading post-trade services. The Group is also home to a world leading index provider FTSE, which creates and manages over 200,000 equity, bond and alternative asset class indices.
Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1,900 people.
Further information on London Stock Exchange Group can be found at http://www.londonstockexchangegroup.com/