20 July 2026
Jet2 plc
(the "Company")
Director/PDMR Shareholding
Jet2 plc, the Leisure Travel group, announces that on 17 July 2026, Steve Heapy, Chief Executive Officer, and Gary Brown, Group Chief Financial Officer exercised options over, in aggregate 185,181 ordinary shares of 1.25p each in the Company ("Ordinary Shares") pursuant to awards granted under the Company's 2023 Share Reward Plan and the Company's 2023 Senior Executive Incentive (Deferred Award) Plan.
The Ordinary Shares awarded pursuant to the exercise of options were satisfied out of the Jet2 Employee Benefit Trust.
To satisfy the payment of personal tax liabilities and other costs associated with the Ordinary Shares received, Steve Heapy and Gary Brown subsequently sold, in aggregate, 87,558 Ordinary Shares at a price of £14.74 per Ordinary Share on 17 July 2026. Neither Steve Heapy nor Gary Brown plan any further sales of Ordinary Shares in the immediate future.
Details of the exercise of options and subsequent sale of Ordinary shares by each of Steve Heapy and Gary Brown are as follows:
|
Director |
Previous beneficial shareholding |
Options exercised |
Ordinary Shares sold |
Resultant beneficial shareholding |
Resultant beneficial shareholding as % of issued share capital |
|
Steve Heapy |
403,643 |
105,008 |
49,650 |
459,001 |
0.2409% |
|
Gary Brown |
195,556 |
80,173 |
37,908 |
237,821 |
0.1248% |
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further details.
For further information, please contact:
|
Jet2 plc Steve Heapy, Chief Executive Officer |
Tel: 0113 238 7444 |
|
Gary Brown, Group Chief Financial Officer |
|
|
Institutional investors and analysts: Mark Buxton, Finance and Investor Relations Director |
Tel: 0113 848 0242 |
|
Cavendish Capital Markets Limited - Nominated Adviser Matt Goode / George Lawson |
Tel: 020 7220 0500 |
|
Headland Consultancy - Financial PR Ed Young / Will Smith / Jack Gault |
Tel: 020 3805 4822 |
Notes to Editors
Jet2 plc is a Leisure Travel Group, comprising Jet2holidays, the UK's leading provider of ATOL protected package holidays to leisure destinations across the Mediterranean, Canary Islands and European Leisure Cities and Jet2.com, the UK's third largest airline by number of passengers flown, which specialises in scheduled holiday flights. In the financial year ended 31 March 2026, over 63% of flown passengers took an end-to-end package holiday with the remainder taking a flight-only.
Jet2 currently operates from 14 UK airport bases at Belfast International, Birmingham, Bournemouth, Bristol, East Midlands, Edinburgh, Glasgow, Leeds Bradford, Liverpool John Lennon, London Gatwick, London Luton, London Stansted, Manchester and Newcastle.
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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 |
Steve 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 |
Exercise and sale of Ordinary Shares pursuant to the Company's 2023 Share Reward Plan |
|
|
c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
|
£0.0125 |
72,419 |
||
|
£14.7452 |
34,241 |
||
|
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 2026 |
|
|
f) |
Place of the transaction |
XOFF |
|
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
|
a) |
Name |
Steve 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 |
Exercise and sale of Ordinary Shares pursuant to the Company's 2023 Senior Executive Incentive (Deferred Award) Plan |
|
|
c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
|
£0.0125 |
32,589 |
||
|
£14.7452 |
15,409 |
||
|
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 2026 |
|
|
f) |
Place of the transaction |
XOFF |
|
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
|
a) |
Name |
Gary 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 |
Exercise and sale of Ordinary Shares pursuant to the Company's 2023 Share Reward Plan |
|
|
c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
|
£0.0125 |
55,292 |
||
|
£14.7452 |
26,143 |
||
|
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 2026 |
|
|
f) |
Place of the transaction |
XOFF |
|
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
||
|
a) |
Name |
Gary 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 |
Exercise and sale of Ordinary Shares pursuant to the Company's 2023 Senior Executive Incentive (Deferred Award) Plan |
|
|
c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
|
£0.0125 |
24,881 |
||
|
£14.7452 |
11,765 |
||
|
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 2026 |
|
|
f) |
Place of the transaction |
XOFF |
|