TIDMJET2

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 GBP9.026 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 GBP9.026 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                Ordinary shares of 1.25p each 
        instrument, type of instrument 
      ------------------------------------------  --------------------------------- 
       Identification code                         GB00B1722W11 
      ------------------------------------------  --------------------------------- 
 b)    Nature of the transaction                   Sale of Ordinary Shares 
      ------------------------------------------  --------------------------------- 
 c)    Price(s) and volumes(s)                        Price(s)         Volume(s) 
      ------------------------------------------  ----------------  --------------- 
                              GBP9.026                                 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                Ordinary shares of 1.25p each 
        instrument, type of instrument 
      ------------------------------------------  ------------------------------------- 
       Identification code                         GB00B1722W11 
      ------------------------------------------  ------------------------------------- 
 b)    Nature of the transaction                   Sale of Ordinary Shares 
      ------------------------------------------  ------------------------------------- 
 c)    Price(s) and volumes(s)                         Price(s)           Volume(s) 
      ------------------------------------------  ------------------  ----------------- 
                               GBP9.026                                    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 
 
 
 
 

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November 25, 2022 05:12 ET (10:12 GMT)

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