Last checked at 18 Jul 2023 12:33
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 Philip Meeson, Executive Chairman Ian Day, Group Company Secretary
| 0113 239 7817
|
Cenkos Securities plc Nominated Adviser Katy Birkin / Camilla Hume
| 020 7397 8900 |