REG - Jet2 PLC - Grant of Options and Director/PDMR Shareholding
25/07/2024 15:00
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RNS Number : 8970X Jet2 PLC 25 July 2024
25 July 2024
Jet2 plc
(the "Company")
Grant of Options and Director/PDMR Shareholding
Jet2 plc, the Leisure Travel group, announces that on 24 July 2024, Steve
Heapy, Chief Executive Officer and Gary Brown, Group Chief Financial Officer,
received 136,000 and 105,000 ordinary shares of 1.25p each in the Company
("Ordinary Shares") pursuant to the vesting of an award granted under
the Company's Share Reward Plan.
In order to fund the income tax, National Insurance liabilities, option
price, broker and administrative fees arising on the shares received, Steve
Heapy and Gary Brown subsequently sold 64,309 and 49,650 Ordinary Shares at
£13.51 per share and retained the balance of 71,691 and 55,350 Ordinary
Shares, respectively.
Following these transactions, Steve Heapy beneficially holds a total of
459,795 Ordinary Shares, representing approximately 0.21% of the Company's
issued share capital, and Gary Brown beneficially holds a total of 238,122
Ordinary Shares, representing approximately 0.11% of the Company's issued
share capital.
The notification below, made in accordance with the requirements of the UK
Market Abuse Regulation, provides further details.
For further information, please contact:
Jet2 plc Tel: 0113 239 7692
Gary Brown, Group Chief Financial Officer
Ian Day, Group Company Secretary
Cavendish Capital Markets Limited Tel: 020 7220 0500
Nominated Adviser
Katy Birkin
Camilla Hume
George Lawson
Buchanan Tel: 020 7466 5000
Financial PR
Richard Oldworth
Toto Berger
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 Shares pursuant to the vesting of an award granted under the Company's Share
Reward Plan.
c) Price(s) and volumes(s) Price(s) Volume(s)
£ 0.0125 136,000
d) Aggregated information N/A single transaction
Aggregated volume N/A single transaction
Price N/A single transaction
e) Date of the transaction 24 July 2024
f) Place of the transaction Outside of a trading venue
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 Sale of Ordinary Shares received pursuant to the vesting of an award granted
under the Company's Share Reward Plan to fund the income tax, National
Insurance liabilities, option price, broker and administrative fees.
c) Price(s) and volumes(s) Price(s) Volume(s)
£13.5162 64,309
d) Aggregated information N/A single transaction
Aggregated volume N/A single transaction
Price N/A single transaction
e) Date of the transaction 24 July 2024
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 Shares pursuant to the vesting of an award granted under the Company's Share
Reward Plan.
c) Price(s) and volumes(s) Price(s) Volume(s)
£0.0125 105,000
d) Aggregated information N/A single transaction
Aggregated volume N/A single transaction
Price N/A single transaction
e) Date of the transaction 24 July 2024
f) Place of the transaction Outside of a trading venue
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 Sale of Ordinary Shares received pursuant to the vesting of an award granted
under the Company's Share Reward Plan to fund the income tax, National
Insurance liabilities, option price, broker and administrative fees
c) Price(s) and volumes(s) Price(s) Volume(s)
£13.5162 49,650
d) Aggregated information N/A single transaction
Aggregated volume N/A single transaction
Price N/A single transaction
e) Date of the transaction 24 July 2024
f) Place of the transaction XOFF
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