Grant of Options and Director/PDMR Shareholding

Jet2 PLC

25 July 2024

 

25 July 2024

Jet2 plc

(the "Company")

Grant of Options and Director/PDMR Shareholding

Jet2 plc, the Leisure Travel group, announces that on 24 July 2024, Steve Heapy, Chief Executive Officer and Gary Brown, Group Chief Financial Officer, received 136,000 and 105,000 ordinary shares of 1.25p each in the Company ("Ordinary Shares") pursuant to the vesting of an award granted under the Company's Share Reward Plan.

In order to fund the income tax, National Insurance liabilities, option price, broker and administrative fees arising on the shares received, Steve Heapy and Gary Brown subsequently sold 64,309 and 49,650 Ordinary Shares at £13.51 per share and retained the balance of 71,691 and 55,350 Ordinary Shares, respectively.

Following these transactions, Steve Heapy beneficially holds a total of 459,795 Ordinary Shares, representing approximately 0.21% of the Company's issued share capital, and Gary Brown beneficially holds a total of 238,122 Ordinary Shares, representing approximately 0.11% of the Company's issued share capital.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further details.

For further information, please contact:

Jet2 plc Gary Brown, Group Chief Financial Officer Ian Day, Group Company Secretary	Tel:             0113 239 7692
Cavendish Capital Markets Limited Nominated Adviser Katy Birkin   Camilla Hume George Lawson	Tel:             020 7220 0500
Buchanan Financial PR Richard Oldworth Toto Berger	Tel:             020 7466 5000

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 Steve 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 Shares pursuant to the vesting of an award granted under the Company's Share Reward Plan. c) Price(s) and volumes(s) Price(s) Volume(s) £ 0.0125 136,000 d) Aggregated information N/A single transaction Aggregated volume N/A single transaction Price N/A single transaction e) Date of the transaction 24 July 2024 f) Place of the transaction Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve 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	Sale of Ordinary Shares received pursuant to the vesting of an award granted under the Company's Share Reward Plan to fund the income tax, National Insurance liabilities, option price, broker and administrative fees.
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£13.5162	64,309
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	24 July 2024
f)	Place of the transaction	XOFF

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gary 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	Shares pursuant to the vesting of an award granted under the Company's Share Reward Plan.
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.0125	105,000
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	24 July 2024
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gary 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	Sale of Ordinary Shares received pursuant to the vesting of an award granted under the Company's Share Reward Plan to fund the income tax, National Insurance liabilities, option price, broker and administrative fees
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£13.5162	49,650
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	24 July 2024
f)	Place of the transaction	XOFF

 

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