Holding(s) in Company

RNS Number : 1270W

easyJet PLC

22 January 2013

 

easyJet plc was notified by easyGroup Holdings, on 21 January 2013, of changes to its major interest in shares, as follows:

In accordance with the FSA Transparency Directive, we hereby give you notice that in the three days leading up to the 18th  January 2013 the Haji-Ioannou Family Concert Party sold 600,000 shares resulting in the following change in its collective shareholding:

Shares prior to sale:         147,111,798

Shares sold:                    600,000

Shares post sale:            146,511,798

We believe that the concert party has crossed the integer of 37% on the way down and hence we give you this notification.

We believe the below summarises the situation before and after the disposal:

Holder of shares	easyGroup Holdings		easyGroup Holdings		easyGroup Holdings		Polys Holdings		Total
Beneficiary	Stelios & Clelia combined		Stelios		Clelia		Polys		Haji-Ioannou Concert Party
Shares Held pre-disposal	103,153,438		59,195,078		43,958,360		43,958,360		147,111,798
% of Total Shares Issued pre-disposal	26.0%		14.9%		11.1%		11.1%		37.2%
Shares Sold 18 January 2013	400,000		200,000		200,000		200,000		600,000
Shares disposed as a percentage of respective Holdings	0.8%		0.3%		0.5%		0.5%		0.4%
New Holdings post sale	102,753,438		58,995,078		43,758,360		43,758,360		146,511,798
% of Total Shares Issued post sale	25.9%		14.9%		11.1%		11.1%		37.0%
Notes:
Percentage of Total Shares Issued based on 395,987,536 as reported by easyJet PLC on 2 January 2013
In practice eGH sold 600k shares from its own subaccount with UBS
In settling the cash proceeds which are divided equally by 3 , 1)    200k shares will be moved from Clelia's sub-account with UBS to eGH account with UBS 2)    Polys has transferred 200k shares to eGH with DB

Contact Name and telephone number at easyJet plc for enquiries:

Investor:

Rachel Kentleton, Investor Relations                    [phone]

Media:

Paul Moore, Communications                                  [phone]

 

END

 

 

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