REG - Jet2 PLC - Grant of Options under Sharesave scheme

Jet2Announcement

08/09/2023 07:00

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RNS Number : 7823L  Jet2 PLC  08 September 2023

8 September 2023

 

Jet2 plc

(the "Company")

 

Grant of Options under the Company's Sharesave Schemes

 

 

Jet2 plc, the Leisure Travel group, is pleased to announce that under the
Company's UK and International Sharesave Schemes, which have been introduced
to encourage wider employee share ownership of the Company (the "Schemes"),
options to subscribe for 2,006,586 ordinary shares of 1.25 pence each in the
Company ("Options") were granted on 7 September 2023.

 

The Options have an exercise price, calculated in accordance with the rules of
the Schemes, of £8.92 per share.  Subject to the rules of the Schemes,
participants will be able to exercise their Options within six months
commencing from 1 October 2026 subject to the participant's continued
employment.

 

The Company continues to operate all of its share plans within the 10% in 10
years share plans dilution limit.

 

For further information please contact:

 

 Jet2 plc                               0113 239 7817

 Steve Heapy, Chief Executive Officer

 Ian Day, Group Company Secretary

 Cenkos Securities plc                  020 7397 8900

 Nominated Adviser

 Katy Birkin / Camilla Hume

 

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