5 Aug 2011 16:04
Flybe Group plc
("Flybe" or "the Group")
Notification of transactions by Directors/PDMRs
In accordance with Disclosure and Transparency Rule 3.1.4R(1), Flybe Group plc ("Company") announces that on 5th August 2011 the following directors and persons discharging managerial responsibility received options over its ordinary shares of 1p each in the capital of the Company pursuant to the rules of the Flybe Sharesave Scheme ("SAYE"):
Director/PDMR | Number of shares |
Simon Charles | 790 |
Mark Chown | 790 |
Mark Elkins | 790 |
Andrew Knuckey | 790 |
John Palmer | 790 |
Michael Rutter | 790 |
Andrew Strong | 790 |
The option exercise price in respect of such options is £1.37 per share this being 20 per cent below the average of the mid market price of the Company's shares on the three dealing days prior to the invitation date of 4th July 2011. Options are normally exercisable on the expiry of three years from the commencement of the relevant savings contract.
5 August 2011
Enquiries:
Flybe | Tel: +44 13 9226 8866 |
Andrew Knuckey, Chief Financial Officer | |
College Hill | Tel: +44 20 7457 2020 |
Mark Garraway Helen Tarbet |