| easyJet plc (EZJ)
Director/PDMR Shareholding
12-Dec-2022 / 16:35 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
easyJet plc (the “Company”) Director/PDMR shareholding 12 December 2022 - The Company announces the following PDMRs have deferred a portion of their annual bonus into shares and have therefore been granted awards under the Deferred Share Bonus Plan (“DSBP”) on 12 December 2022 as set out below (the “DSBP Awards”).
| PDMR | Number of shares subject to Award | | Johan Lundgren | 104,331 | | Kenton Jarvis | 64,149 | | Stuart Birrell | 18,503 | | Sophie Dekkers | 26,054 | | Thomas Haagensen | 17,840 | | Garry Wilson | 38,777 |
Each of the DSBP Awards are in the form of a nil-cost option and shall ordinarily vest and become exercisable on the third anniversary of their grant date, subject to the grantee's continued employment. - The Company announces that the following PDMRs have been granted awards under the Restricted Share Plan (“RSP”) on 12 December 2022 as set out below (the “RSP Awards”).
| PDMR | Number of shares subject to Award | | Johan Lundgren | 241,136 | | Kenton Jarvis | 135,557 | | Robert Birge | 162,278 | | Stuart Birrell | 64,520 | | Sophie Dekkers | 91,762 | | Thomas Haagensen | 69,248 | | David Morgan | 83,420 | | Garry Wilson | 110,792 |
Each of the RSP Awards are in the form of a nil-cost option, other than awards for Robert Birge which are granted as conditional awards, and no monetary consideration was paid for the RSP Awards. The RSP Awards will typically vest and become exercisable on the third anniversary of their grant date subject to the performance underpins set out in the 2022 Annual Report and Accounts. The awards to Robert Birge will vest 25% on the first anniversary of grant, 25% on the second anniversary of grant and 50% on the third anniversary of grant. RSP Awards to the CEO and CFO will be subject to a two-year post-vesting holding period. - Further details relating to the RSP and DSBP can be found within the 2022 Annual Report and Accounts which are available on the Company's website.
In case of queries please contact: | Michael Barker | Investor Relations | +44 (0) 7985 890 939 | | Adrian Talbot | Investor Relations | +44 (0) 7971 592 373 | | | | | | Media: | | Anna Knowles | Corporate Communications | +44 (0)7985 873 313 | | Edward Simpkins | FGS Global | +44 (0)7947 740 551 / (0)207 251 3801 | | Dorothy Burwell | FGS Global | +44 (0)7733 294 930 / (0)207 251 3801 |
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 | Johan Lundgren | | 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 Deferred Share Bonus Plan. | | c) | Price(s) and volume(s) | | Price(s) | Volume(s) | | Nil | 104,331 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 104,331 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | 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 | 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 | 241,136 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 241,136 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | | a) | Name | Kenton Jarvis | | 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 Deferred Share Bonus Plan. | | c) | Price(s) and volume(s) | | Price(s) | Volume(s) | | Nil | 64,149 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 64,149 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | 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 | 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 | 135,557 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 135,557 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | | a) | Name | Robert Birge | | 2. | Reason for the notification | | a) | Position/status | Chief Customer and Marketing 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 conditional awards under the easyJet Restricted Share Plan at nil cost. | | c) | Price(s) and volume(s) | | Price(s) | Volume(s) | | Nil | 162,278 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 162,278 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | | a) | Name | Stuart Birrell | | 2. | Reason for the notification | | a) | Position/status | Chief Data & Information 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 Deferred Share Bonus Plan. | | c) | Price(s) and volume(s) | | Price(s) | Volume(s) | | Nil | 18,503 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 18,503 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | 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 | 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 | 64,520 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 64,520 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | | a) | Name | Sophie Dekkers | | 2. | Reason for the notification | | a) | Position/status | Chief Commercial 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 Deferred Share Bonus Plan. | | c) | Price(s) and volume(s) | | Price(s) | Volume(s) | | Nil | 26,054 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 26,054 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | 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 | 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 | 91,762 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 91,762 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | 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 Markets 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 | Grant of nil-cost options under the easyJet Deferred Share Bonus Plan. | | c) | Price(s) and volume(s) | | Price(s) | Volume(s) | | Nil | 17,840 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 17,840 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | 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 | 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 | 69,248 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 69,248 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | | a) | Name | David Morgan | | 2. | Reason for the notification | | a) | Position/status | Chief Operating 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 | 83,420 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 83,420 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | | a) | Name | Garry Wilson | | 2. | Reason for the notification | | a) | Position/status | CEO easyJet holidays | | 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 Deferred Share Bonus Plan. | | c) | Price(s) and volume(s) | | Price(s) | Volume(s) | | Nil | 38,777 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 38,777 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | 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 | 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 | 110,792 |
| | d) | Aggregated information Aggregated volume Price | Aggregated volume: 110,792 GBP: Nil | | e) | Date of the transaction | 2022-12-12 | | f) | Place of the transaction | Outside a trading venue |
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