Last checked at 11 May 2016 16:34
easyJet plc ("the Company")
Director/PDMR shareholding
11 May 2016
The Company announces that on 10 May 2016, the following director and PDMRs purchased the number of shares (partnership shares) set out against their names below and were allocated the number of free matching shares set out below under the Company's Share Incentive Plan ('SIP'):
Partnership Shares purchased | Matching Shares awarded | |
Warwick Brady | 10 | 10 |
Peter Duffy | 10 | 10 |
Andrew Findlay | 10 | 10 |
Rachel Kentleton | 10 | 10 |
Catherine Lynn | 8 | 8 |
Carolyn McCall | 10 | 10 |
Paul Moore | 8 | 8 |
Kyla Mullins | 10 | 10 |
Jacky Simmonds | 9 | 9 |
The partnership shares were purchased at the price of £15.00581 per share. Each participant may contribute £150 per month, or make a lump sum payment from their annual bonus, towards the purchase of partnership shares.
In accordance with the rules of the SIP, the matching shares have been awarded on the basis of one matching share for each partnership share purchased. The Company matches the first £1,500 per year of shares purchased from employee contributions.
The matching shares will vest on the 3rd anniversary of the purchase of the partnership shares subject to continued employment and the retention of the underlying partnership shares.
This notification is made pursuant to the requirements of the Disclosure and Transparency Rule 3.1.4R. The Company received notification of this transaction from the trustees of the SIP on 11 May 2016. The place of the transaction was London.
For further details, please contact:
Paul Moore, Corporate Communications 01582 525973
Stuart Morgan, Investor Relations 07989 665484