Director/PDMR Shareholding

RNS Number : 6645B

easyJet PLC

11 January 2018

 

easyJet plc ("the Company")

Director/PDMR Shareholding

11 January 2018

The Company announces that it received notification on 10 January 2018 that Peter Duffy, Chief Commercial Officer, exercised 3,269 Performance and 935 Matching Share Awards of ordinary shares of 27 2/7 pence each in the Company ('ordinary shares') granted on 19 December 2014 under the Company's Long Term Incentive Plan ('LTIP').  On the same date, he also exercised his award of 3,058 ordinary shares under the Company's Deferred Annual Bonus Plan, also granted on 19 December 2014. 

As a result of these exercises, Peter Duffy subsequently acquired a total of 7,262 ordinary shares and then immediately sold on 10 January 2018, a total of 3,422 ordinary shares at a price of £14.795 per ordinary share in order to meet his personal tax and national insurance contribution liabilities arising from the exercise.  The balance of 3,840 shares have been retained by Mr Duffy and held in the name of a person closely associated with him.

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail of the transactions on 10 January 2018.

For further details, please contact:

Paul Moore, Corporate Communications Stuart Morgan, Investor Relations

01582 525973 07989 665484

1.	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Peter Duffy
2.	Reason for the notification
a)	Position/status	Chief Commercial Officer
b)	Initial notification/ Amendment	This is an 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
i)
a)	Description of the financial instrument, type of instrument	Ordinary share of 27 2/7p
	Identification code	ISIN: GB00B7KR2P84
b)	Nature of the transaction	Acquisition of Ordinary shares of 27 2/7p arising from: (i)         the exercise of 3,269 Performance and 935 Matching Share Awards of ordinary shares under the Company's Long-Term Incentive Plan; and (ii)        the exercise of 3,058 ordinary shares under the Company's Deferred Annual Bonus Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Shares Nil 7,262
d)	Aggregated information
	-    Aggregated volume	Aggregated volume: 7,262
	-    Price	GBP: nil
e)	Date of the transaction	2018-01-10
f)	Place of the transaction	Outside a trading venue
ii)
a)	Description of the financial instrument, type of instrument	Ordinary share of 27 2/7p
	Identification code	ISIN: GB00B7KR2P84
b)	Nature of the transaction	Disposal of Ordinary shares of 27 2/7p
c)	Price(s) and volume(s)	Price(s) Volume(s) Shares GBP 14.795 3,422
d)	Aggregated information
	-    Aggregated volume	Aggregated volume: 3,422
	-    Price	GBP: 14.795
e)	Date of the transaction	2018-01-10
f)	Place of the transaction	XLON

1.	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Sophie Jane Norton (PCA to Peter Duffy)
2.	Reason for the notification
a)	Position/status	Person Closely Associated
b)	Initial notification/ Amendment	This is an 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	Ordinary share of 27 2/7p
	Identification code	ISIN: GB00B7KR2P84
b)	Nature of the transaction	Receipt of 3,840 shares transferred from Peter Duffy - Chief Commercial Officer.
c)	Price(s) and volume(s)	Price(s) Volume(s) Transfer of shares from Peter Duffy Nil 3,840
d)	Aggregated information -    Aggregated volume -    Price	Not applicable Single transaction
e)	Date of the transaction	2018-01-10
f)	Place of the transaction	Outside a trading venue

 

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