Director/PDMR Shareholding

   easyJet plc

(the “Company”)

 

Director/PDMR shareholding

22 January 2025

The Company announces that the following PDMRs have been granted awards under the Restricted Share Plan (“RSP”) on 22 January 2025 as set out below (the “RSP Awards”).

PDMR

Number of shares

subject to Award

Kenton Jarvis (CEO)

83,724

Jan De Raeymaeker (CFO)

107,589

Each of the RSP Awards are in the form of a nil-cost option, are subject to the performance underpins as set out in the 2024 Annual Report and Accounts and will be subject to a two-year post-vesting holding period. The award to Kenton Jarvis reflects his revised RSP opportunity as CEO from 1 January 2025.

The Company announces the following transactions by PDMRs as set out below:

Name

Type of Award

Vesting

date

Exercise cost

Exercise date

Number of awards exercised

Number of shares retained

Thomas Haagensen

Long-Term Incentive Plan (Restricted Stock)

29.12.2023

nil

22.01.2025

35,218

35,218

Restricted Share Plan

19.12.2024

nil

22.01.2025

34,277

34,277

 

For further details please contact easyJet plc:

 

Institutional investors and analysts:

 

Adrian Talbot

Investor Relations

+44 (0) 7971 592 373

 

 

 

Media:

Anna Knowles

Corporate Communications

+44 (0)7985 873 313

Harry Cameron

Teneo

+44 (0)20 7353 4200

Olivia Peters

Teneo

+44 (0)20 7353 4200

 LEI: 2138001S47XKWIB7TH90

 

The notifications below are made in accordance with the requirements of the Market Abuse Regulations.

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Kenton Jarvis

 

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

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 shares of 27 2/7p

 

 

 

ISIN: GB00B7KR2P84

b)

Nature of the transaction

Grant of nil-cost options under the easyJet Restricted Share Plan at nil cost. 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

83,724

 

d)

Aggregated information

 

Aggregated volume

Price

Aggregated volume: 83,724

 

GBP: Nil

e)

Date of the transaction

2025-01-22

f)

Place of the transaction

Outside a trading venue

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Jan De Raeymaeker

2.

Reason for the notification

a)

Position/status

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

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 shares of 27 2/7p

 

 

 

ISIN: GB00B7KR2P84

b)

Nature of the transaction

Grant of nil-cost options under the easyJet Restricted Share Plan at nil cost. 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

107,589

 

d)

Aggregated information

 

Aggregated volume

Price

Aggregated volume: 107,589

 

GBP: Nil

e)

Date of the transaction

2025-01-22

f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Thomas Haagensen

 

2.

Reason for the notification

a)

Position/status

Group Market Director   

b)

Initial notification/ Amendment

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 shares of 27 2/7p

 

 

 

ISIN: GB00B7KR2P84

b)

Nature of the transaction

Exercise of Long-Term Incentive Plan (Restricted Stock) awards at nil cost  

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Long-Term Incentive Plan Award (Restricted Stock)

Nil

35,218

 

d)

Aggregated information

 

Aggregated volume

Price

Aggregated volume: 35,218

 

GBP: Nil

e)

Date of the transaction

2025-01-22

f)

Place of the transaction

Outside a trading venue

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 shares of 27 2/7p

 

 

 

ISIN: GB00B7KR2P84

b)

Nature of the transaction

Exercise of Restricted Share Plan Award at nil cost  

 

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Restricted Share Plan Award

Nil

34,277

 

d)

Aggregated information

 

Aggregated volume

Price

Aggregated volume: 34,277

 

GBP: Nil

e)

Date of the transaction

2025-01-22

f)

Place of the transaction

Outside a trading venue