Jet2 PLC Director/PDMR Shareholding (4021G)
July 18 2023 - 6:33AM
UK Regulatory
TIDMJET2
RNS Number : 4021G
Jet2 PLC
18 July 2023
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 Ordinary shares of 1.25p each
instrument, type of instrument
------------------------------------------ ----------------------------------
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)
------------------------------------------ ----------------- ---------------
GBP0.00 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 Ordinary shares of 1.25p each
instrument, type of instrument
------------------------------------------ ----------------------------------
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)
------------------------------------------ ----------------- ---------------
GBP0.00 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
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END
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