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 £9.026 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 £9.026 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 instrument, type of instrument | Ordinary shares of 1.25p each | |
| | Identification code | GB00B1722W11 | |
| b) | Nature of the transaction | Sale of Ordinary Shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £9.026 | 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 instrument, type of instrument | Ordinary shares of 1.25p each | |
| | Identification code | GB00B1722W11 | |
| b) | Nature of the transaction | Sale of Ordinary Shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £9.026 | 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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