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Latest Share Chat

Grant of Options under Sharesave scheme

8 Sep 2023 07:00

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

Steve Heapy, Chief Executive Officer

Ian Day, Group Company Secretary

 

0113 239 7817

 

Cenkos Securities plc

Nominated Adviser

Katy Birkin / Camilla Hume

020 7397 8900

 

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