Director/PDMR Shareholding

RNS Number : 9166O

easyJet PLC

06 July 2010

 



easyJet plc

Director/PDMRs shareholdings

6 July 2010

easyJet plc announces that on 5 July 2010, the following Directors were awarded the following shares under the easyJet Long Term Incentive Plan ('LTIP'):

	Award 1	Award 2	Total Award
Carolyn McCall	167,548	167,548	335,096
Chris Kennedy	100,781	100,781	201,562

These are subject to the performance conditions shown below (which are identical to the performance conditions set for the LTIP awards granted on16 December 2009).

Award 1

These awards will vest on the 3^rd anniversary of the grant subject to the satisfaction of Return on Equity targets measured by reference to the following:

	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 on the 3^rd anniversary of the grant subject to the satisfaction of Return on Equity targets measured by reference to the following:

	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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