Director/PDMR Shareholding

RNS Number : 3167E

easyJet PLC

17 December 2009

 



easyJet plc

Director/PDMRs shareholdings

17 December 2009

easyJet plc announces that the following  PDMRs have been awarded the following shares under the easyJet Long Term Incentive Plan ('LTIP'):

	Award 1	Award 2	Matching Shares	Total Award
Warwick Brady	57,306	57,306		114,612
Mike Campbell	75,931	75,931		151,862
Dana Dunne	93,123	93,123		186,246
Catherine Lynn	42,979	42,979		85,958
Tim Newing	47,277	47,277		94,554
Cor Vrieswijk	104,688	104,688	28,653	238,029

These are subject to the performance conditions shown below:

Award 1 and Matching Shares

These awards will vest in three years subject to the satisfaction of Return on Equity targets measured by reference to a three year performance period as follows:

	Threshold (25% vests)	Target (50% vests)	Maximum (100% vests)
Return on Equity Year ending 30 September 2012	9%	12%	15%

Award 2

These awards will vest in three years subject to the satisfaction of Return on Equity targets measured by reference to a three year performance period as follows:

	Threshold (25% vests)	Target (50% vests)	Maximum (100% vests)
Return on Equity Year ending 30 September 2012	11%	13%	15%

For further details, please contact

Oliver Aust, Corporate Communications        01582 525973

Rachel Kentleton, Investor Relations              01582 525258

 

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