Shares in the pub chain JD Wetherspoon fell an initial 8.5p in early trading yesterday after Friday's late news that the company's founder and executive chairman, Tim Martin, has decided to take a six-month unpaid sabbatical, starting from this week.

The shares later recovered slightly to end the day 5.5p down at 230p, a fall of 2.34%.

Yesterday's drop meant Martin's personal holding of 15% of the company was worth £1.76m less than before he announced he was taking half a year off.