REG - Jet2 PLC - Director/PDMR Shareholding
RNS Number : 5083HJet2 PLC03 December 20203 December 2020
Jet2 plc
(the "Company")
Director/PDMR Shareholding
Jet2 plc, the Leisure Travel group, announces that on 3 December 2020, The Philip Meeson 2019 Settlement, a person closely associated with Mr Philip Meeson, Executive Chairman, sold 500,000 ordinary shares of 1.25p each ("Ordinary Shares") at £14.00 per Ordinary Share. The Philip Meeson 2019 Settlement is a UK resident settlement of which Mr Meeson is a trustee but not a beneficiary.
Following this transaction, The Philip Meeson 2019 Settlement will hold a total of 5,500,000 Ordinary Shares representing 3.08% of the Company's issued share capital.
The notification below, made in accordance with the requirements of the 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
Philip Hugh Meeson / the trustees of The Philip Meeson 2019 Settlement
2
Reason for the notification
a)
Position/status
PCA of Philip Hugh Meeson, Executive Chairman
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
Sale of Ordinary Shares
c)
Price(s) and volumes(s)
Price(s)
Volume(s)
£14.00
500,000
d)
Aggregated information
N/A single transaction
Aggregated volume
N/A single transaction
Price
N/A single transaction
e)
Date of the transaction
3 December 2020
f)
Place of the transaction
AIMX
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 / Russell Cook
020 7397 8900
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