Jet2 PLC Grant of Options and Director/PDMR Shareholding
25 Julio 2024 - 9:00AM
RNS Regulatory News
RNS Number : 8970X
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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END
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