Director/PDMR Shareholding

RNS Number : 1852Y

easyJet PLC

17 August 2018

 

easyJet plc ("the Company")

Director/PDMR shareholding

The Company announces that on 16 August 2018, Kyla Mullins, Group General Counsel and Company Secretary, exercised 3,457 nil cost option awards over 27 2/7 p ordinary shares in the capital of the Company  (LTIP).  She has retained 1,826 shares, selling only sufficient to fund the tax and national insurance liabilities and administrative fees arising on exercise. These awards are detailed below:

Type of award	Grant date	Vesting date	Awards vested	% award vested	Share price at grant
2015 LTIP Awards	19 June 2015	19 June 2018	3,068	15.3%	£15.58
2015 LTIP Dividend Award	19 June 2015	19 June 2018	389	15.3%	£15.58
Total			3,457

Details regarding the 2015 Long Term Incentive Plan (LTIP) (including performance conditions) are set out in the Company's 2017 Annual Report. 

Set out below is the notification made in accordance with the requirements of the EU Market Abuse Regulation.

For further details, please contact:

Stuart Morgan, Investor Relations	[phone]
Anna Knowles, Corporate Communications	[phone]

1.	Details of the person discharging managerial responsibilities/ person closely associated
a)	Name	Kyla Mullins
2.	Reason for the notification
a)	Position/status	Company Secretary & Group General Counsel
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 Identification code	Ordinary share of 27 2/7p ISIN: GB00B7KR2P84
b)	Nature of the transaction	Exercise and Sale of nil cost options (LTIP) awarded on 19 June 2015.
c)	Price(s) and volume(s)	Price(s) Volume(s) Acquisition of shares on exercise of share award Nil 1,828 Sale of shares £15.73 1,629
d)	Aggregated information -    Aggregated volume -    Price	Aggregated volume:   Exercise and Keep Volume 1,828 Price GBP Nil Exercise and Sell Sufficient Volume  1,629 Price GBP £15.73
e)	Date of the transaction	2018-08-16
f)	Place of the transaction	Outside a trading venue (Exercise of nil cost options and Transfer of shares) and XLON (Sale of shares )

 

END

 

 

DSHZMGMRMNRGRZM