1 December 2022
Jet2 plc
(the "Company")
Director/PDMR Shareholding
Jet2 plc, the Leisure Travel group, announces that Philip Meeson, Executive Chairman of the Company, sold 625,000 ordinary shares of 1.25p each in the Company ("Ordinary Shares") on 30 November 2022 at £10.03 per Ordinary Share and 1,375,000 Ordinary Shares on 1 December 2022 at £9.90 per Ordinary Share, in order for Mr Meeson to diversify his investment portfolio. Mr Meeson does not plan further sales in the immediate future.
Following these transactions, Mr Meeson beneficially holds a total of 39,305,000 Ordinary Shares representing 18.31% of the Company's issued share capital.
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 | Philip Hugh Meeson | |
| 2 | Reason for the notification | ||
| a) | Position/status | Executive Chairman | |
| 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 | Sale of Ordinary Shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £10.0314 £9.90 | 625,000 1,375,000 | ||
| d) | Aggregated information | N/A single transaction | |
| | Aggregated volume | N/A single transaction | |
| | Price | N/A single transaction | |
| e) | Date of the transaction | 30 November 2022 and 1 December 2022 | |
| f) | Place of the transaction | XOFF | |
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 |
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