REG - Jet2 PLC - Director/PDMR Shareholding

Jet2Announcement

18/07/2023 12:45

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RNS Number : 4021G  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                            0113 239 7817

 Philip Meeson, Executive Chairman

 Ian Day, Group Company Secretary

 Cenkos Securities plc               020 7397 8900

 Nominated Adviser

 Katy Birkin / Camilla Hume

 

 

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