Director/PDMR Shareholding

Jet2 PLC

18 July 2023

 

18 July 2023

Jet2 plc

(the "Company" or the "Group")

Grant of Options under the Share Reward Plan

Director/PDMR Shareholding

Jet2 plc, the Leisure Travel group, announces that on 17 July 2023, Steve Heapy, Chief Executive Officer and Gary Brown, Group Chief Financial Officer received a grant of options over 72,419 and 55,292 ordinary shares of 1.25p each in the Company ("Ordinary Shares") respectively (the "Awards") pursuant to the terms of the Company's Share Reward Plan (the "Plan").

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	Stephen Paul Heapy
2	Reason for the notification
a)	Position/status	Chief Executive Officer
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	Award of options over Ordinary Shares under the Plan
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.00	72,419
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	17 July 2023
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gary James Brown
2	Reason for the notification
a)	Position/status	Group Chief Financial Officer
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	Award of options over Ordinary Shares under the Plan
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.00	55,292
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	17 July 2023
f)	Place of the transaction	Outside of a trading venue

The Awards will vest and become exercisable, three years from the date of grant, subject to: (i) the rules of the Plan; (ii) the executive still being employed by the Group and not under notice (given or received); and (iii) the Board being satisfied with certain personal and Group performance measures against overall performance, strategy and sustainability criteria.

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