Director/PDMR Shareholding

RNS Number : 4600X

easyJet PLC

19 November 2014

easyJet plc ("the Company")

Director/PDMR shareholding

19 November 2014

The Company announces that on 18 November 2014, the PDMRs set out below exercised their awards under the easyJet Long Term Incentive Plan ('LTIP') and subsequently sold the number of ordinary shares of 27 and 2/7 pence ('Shares') set out against their name:

Name	Number of awards exercised	Number of Shares sold	Sale Price per Share	Total holding following transaction	% of total voting rights following transaction
Warwick Brady	100,000	100,000	£15.295	50,192	0.013
Trevor Didcock	66,587	66,587	£15.295	19,957	0.005
Paul Moore	25,043	25,043	£15.295	12,366	0.003
Giles Pemberton	38,000	38,000	£15.295	18,826	0.005

The LTIP award was granted on 31 March 2011 based on a share price of £3.379. The LTIP award vested on 31 March 2014 at 100% of the total award. This 100% vesting required easyJet's Return on Capital Employed (ROCE) to achieve the target of 12% (if the award was the equivalent of up to 100% salary) or 13% (if the award was the equivalent of between 100% and 200% of salary). The ROCE targets were based on ROCE (excluding operating lease adjustments) for the financial year ending 30 September 2013.

This notification is made pursuant to the requirements of the Disclosure and Transparency Rule 3.1.2R and 3.1.4R. The Company received notification of this transaction on 18 November 2014.

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