Director/PDMR Shareholding

RNS Number : 6461H

Jet2 PLC

25 November 2022

 

25 November 2022

Jet2 plc

( the "Company")

Director/PDMR Shareholding

Jet2 plc, the Leisure Travel group, announces that on 24 November 2022, Philip Meeson, Executive Chairman of the Company, sold 2,000,000 ordinary shares of 1.25p each in the Company ("Ordinary Shares") at £9.026 per Ordinary Share. 

On 24 November 2022, The Philip Meeson 2019 Settlement, a person closely associated with Mr Philip Meeson, sold 500,000 Ordinary Shares at £9.026 per Ordinary Share. The Philip Meeson 2019 Settlement is a UK resident settlement of which Mr Meeson is a trustee but not a beneficiary.

Following this transaction, Mr Meeson beneficially holds a total of 41,305,000 Ordinary Shares representing 19.24% of the Company's issued share capital and The Philip Meeson 2019 Settlement holds a total of 4,500,000 Ordinary Shares representing 2.10% of the Company's issued share capital.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation (596/2014), provides further details.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Hugh Meeson
2	Reason for the notification
a)	Position/status	Executive Chairman
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Jet2 plc
b)	LEI	I72RQ3PNLDPW8R7JIJ56
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£9.026	2,000,000
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	24 November 2022
f)	Place of the transaction	XOFF

2	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Hugh Meeson / The Trustees of the Philip Meeson 2019 Settlement
2	Reason for the notification
a)	Position/status	PCA of Philip Hugh Meeson, Executive Chairman
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Jet2 plc
b)	LEI	I72RQ3PNLDPW8R7JIJ56
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£9.026	500,000
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	24 November 2022
f)	Place of the transaction	XOFF

For further information please contact:

Jet2 plc Philip Meeson, Executive Chairman Ian Day, Group Company Secretary	0113 239 7817
Cenkos Securities plc Nominated Adviser Katy Birkin / Camilla Hume	020 7397 8900

 

END

 

 

DSHFLFLILILEFIF