easyJet plc (EZJ)
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 |
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The issuer is solely responsible for the content of this announcement.
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