25 November 2022
Jet2 plc
(the "Company")
Director/PDMR Dealing
Jet2 plc, the Leisure Travel group, announces that Mark Laurence, Non-executive Director of the Company, purchased 1,200,000 of the Company's guaranteed senior unsecured unrated convertible bonds due 2026 ("Convertible Bonds") on 24 November 2022, at 85 pence per Convertible Bond.
Details of the Convertible Bonds, which are convertible into ordinary shares of the Company, were included in the Company's announcements dated 2 June and 3 June 2021.
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 | Mark Laurence | |
| 2 | Reason for the notification | ||
| a) | Position/status | Non-executive Director | |
| 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 | Guaranteed senior unsecured unrated convertible bonds due 2026 | |
| | Identification code | XS2351465179 | |
| b) | Nature of the transaction | Purchase of Convertible Bonds | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.85 | 1,200,000 | ||
| 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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