easyJet plc (EZJ) Director/PDMR Shareholding
22-Jan-2025 / 15:00 GMT/BST
easyJet plc (the “Company”) Director/PDMR shareholding 22 January 2025 - The Company announces that the following PDMRs have been granted awards under the Restricted Share Plan (“RSP”) on 22 January 2025 as set out below (the “RSP Awards”).
PDMR | Number of shares subject to Award | Kenton Jarvis (CEO) | 83,724 | Jan De Raeymaeker (CFO) | 107,589 |
Each of the RSP Awards are in the form of a nil-cost option, are subject to the performance underpins as set out in the 2024 Annual Report and Accounts and will be subject to a two-year post-vesting holding period. The award to Kenton Jarvis reflects his revised RSP opportunity as CEO from 1 January 2025. - The Company announces the following transactions by PDMRs as set out below:
Name | Type of Award | Vesting date | Exercise cost | Exercise date | Number of awards exercised | Number of shares retained | Thomas Haagensen | Long-Term Incentive Plan (Restricted Stock) | 29.12.2023 | nil | 22.01.2025 | 35,218 | 35,218 | Restricted Share Plan | 19.12.2024 | nil | 22.01.2025 | 34,277 | 34,277 |
For further details please contact easyJet plc: Institutional investors and analysts: Adrian Talbot | Investor Relations | +44 (0) 7971 592 373 | | | | Media: | Anna Knowles | Corporate Communications | +44 (0)7985 873 313 | Harry Cameron | Teneo | +44 (0)20 7353 4200 | Olivia Peters | Teneo | +44 (0)20 7353 4200 |
LEI: 2138001S47XKWIB7TH90 The notifications below are made in accordance with the requirements of the Market Abuse Regulations. 1. | Details of the person discharging managerial responsibilities/ person closely associated | a) | Name | Kenton Jarvis | 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 | easyJet plc | b) | LEI | 2138001S47XKWIB7TH90 | 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 27 2/7p ISIN: GB00B7KR2P84 | b) | Nature of the transaction | Grant of nil-cost options under the easyJet Restricted Share Plan at nil cost. | c) | Price(s) and volume(s) | Price(s) | Volume(s) | Nil | 83,724 |
| d) | Aggregated information Aggregated volume Price | Aggregated volume: 83,724 GBP: Nil | e) | Date of the transaction | 2025-01-22 | f) | Place of the transaction | Outside a trading venue |
1. | Details of the person discharging managerial responsibilities/ person closely associated | a) | Name | Jan De Raeymaeker | 2. | Reason for the notification | a) | Position/status | 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 | easyJet plc | b) | LEI | 2138001S47XKWIB7TH90 | 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 27 2/7p ISIN: GB00B7KR2P84 | b) | Nature of the transaction | Grant of nil-cost options under the easyJet Restricted Share Plan at nil cost. | c) | Price(s) and volume(s) | Price(s) | Volume(s) | Nil | 107,589 |
| d) | Aggregated information Aggregated volume Price | Aggregated volume: 107,589 GBP: Nil | e) | Date of the transaction | 2025-01-22 | f) | Place of the transaction | Outside a trading venue |
1. | Details of the person discharging managerial responsibilities/ person closely associated | a) | Name | Thomas Haagensen | 2. | Reason for the notification | a) | Position/status | Group Market Director | b) | Initial notification/ Amendment | Initial notification | 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | a) | Name | easyJet plc | b) | LEI | 2138001S47XKWIB7TH90 | 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 27 2/7p ISIN: GB00B7KR2P84 | b) | Nature of the transaction | Exercise of Long-Term Incentive Plan (Restricted Stock) awards at nil cost | c) | Price(s) and volume(s) | | Price(s) | Volume(s) | Long-Term Incentive Plan Award (Restricted Stock) | Nil | 35,218 |
| d) | Aggregated information Aggregated volume Price | Aggregated volume: 35,218 GBP: Nil | e) | Date of the transaction | 2025-01-22 | f) | Place of the transaction | Outside a trading venue | 4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 27 2/7p ISIN: GB00B7KR2P84 | b) | Nature of the transaction | Exercise of Restricted Share Plan Award at nil cost | c) | Price(s) and volume(s) | | Price(s) | Volume(s) | Restricted Share Plan Award | Nil | 34,277 |
| d) | Aggregated information Aggregated volume Price | Aggregated volume: 34,277 GBP: Nil | e) | Date of the transaction | 2025-01-22 | f) | Place of the transaction | Outside a trading venue |
Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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