Director/PDMR Shareholding

Jet2 PLC
18 July 2023
 

18 July 2023

 

Jet2 plc

(the "Company" or the "Group")

 

Grant of Options under the Share Reward Plan

Director/PDMR Shareholding

 

Jet2 plc, the Leisure Travel group, announces that on 17 July 2023, Steve Heapy, Chief Executive Officer and Gary Brown, Group Chief Financial Officer received a grant of options over 72,419 and 55,292 ordinary shares of 1.25p each in the Company ("Ordinary Shares") respectively (the "Awards") pursuant to the terms of the Company's Share Reward Plan (the "Plan").

 

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation (596/2014), provides further details.

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephen Paul Heapy

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Jet2 plc

b)

LEI

I72RQ3PNLDPW8R7JIJ56

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of 1.25p each


Identification code

GB00B1722W11

b)

Nature of the transaction

Award of options over Ordinary Shares under the Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£0.00

72,419

d)

Aggregated information

N/A single transaction


Aggregated volume

N/A single transaction


Price

N/A single transaction

e)

Date of the transaction

17 July 2023

f)

Place of the transaction

Outside of a trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gary James Brown

2

Reason for the notification

a)

Position/status

Group Chief Financial Officer

b)

Initial notification/Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Jet2 plc

b)

LEI

I72RQ3PNLDPW8R7JIJ56

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Ordinary shares of 1.25p each


Identification code

GB00B1722W11

b)

Nature of the transaction

Award of options over Ordinary Shares under the Plan

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£0.00

55,292

d)

Aggregated information

N/A single transaction


Aggregated volume

N/A single transaction


Price

N/A single transaction

e)

Date of the transaction

17 July 2023

f)

Place of the transaction

Outside of a trading venue

 

The Awards will vest and become exercisable, three years from the date of grant, subject to: (i) the rules of the Plan; (ii) the executive still being employed by the Group and not under notice (given or received); and (iii) the Board being satisfied with certain personal and Group performance measures against overall performance, strategy and sustainability criteria.

 

 

For further information please contact:

 

Jet2 plc

Philip Meeson, Executive Chairman

Ian Day, Group Company Secretary

 

0113 239 7817

 

Cenkos Securities plc

Nominated Adviser

Katy Birkin / Camilla Hume

 

020 7397 8900







 



 

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END
 
 

Companies

Jet2 (JET2)
UK 100

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