easyJet plc (the “Company”) Director/PDMR shareholding 12 December 2024 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 2024 as set out below (the “DSBP Awards”).
PDMR
Number of shares subject to Award
Johan Lundgren
78,639
Kenton Jarvis
48,519
Robert Birge
15,041
Sophie Dekkers
22,497
Thomas Haagensen
13,087
Rebecca Mills
12,309
David Morgan
17,614
Garry Wilson
24,651
Each of the DSBP 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 DSBP Awards. The DSBP awards 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 2024 as set out below (the “RSP Awards”).
PDMR
Number of shares subject to Award
Kenton Jarvis
99,064
Robert Birge
57,142
Sophie Dekkers
76,550
Thomas Haagensen
49,718
Rebecca Mills
49,761
David Morgan
65,812
Garry Wilson
88,326
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 2024 Annual Report and Accounts. RSP Awards to Kenton Jarvis will be subject to a two-year post-vesting holding period. The award to Kenton Jarvis is based on his current opportunity under the Company’s Remuneration Policy as CFO. A further grant will be made shortly after he has commenced the CEO role to reflect his revised RSP opportunity, as set out in the 2024 Annual Report. Further details relating to the RSP and DSBP can be found in the 2024 Annual Report and Accounts which are available on the Company's website. The Company announces the following transactions by PDMRs as set out below:
Name
Transaction
Vesting date
Number of shares vesting
Number of shares sold to cover tax liabilities*
Number of shares retained
Robert Birge
Vesting of nil cost conditional RSP Awards
12.12.2024
81,473
38,389
43,084
* The shares were sold at a price of £5.88 on 12 December 2024. For further details please contact easyJet plc:
Institutional investors and analysts:
Adrian Talbot
Investor Relations
+44 (0)7971 592 373
Media:
Anna Knowles
Corporate Communications
+44 (0)7985 873 313
Harry Cameron
Teneo
+44 (0)20 7353 4200
Olivia Peters
Teneo
+44 (0)20 7353 4200
LEI: 2138001S47XKWIB7TH90 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
78,639
d)
Aggregated information Aggregated volume Price
Aggregated volume: 78,639 GBP: Nil
e)
Date of the transaction
2024-12-12
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
48,519
d)
Aggregated information Aggregated volume Price
Aggregated volume: 48,519 GBP: Nil
e)
Date of the transaction
2024-12-12
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.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
99,064
d)
Aggregated information Aggregated volume Price
Aggregated volume: 99,064 GBP: Nil
e)
Date of the transaction
2024-12-12
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 Deferred Share Bonus Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
15,041
d)
Aggregated information Aggregated volume Price
Aggregated volume: 15,041 GBP: Nil
e)
Date of the transaction
2024-12-12
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 conditional awards under the easyJet Restricted Share Plan at nil cost.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
57,142
d)
Aggregated information Aggregated volume Price
Aggregated volume: 57,142 GBP: Nil
e)
Date of the transaction
2024-12-12
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
Vesting of conditional awards under the Restricted Share Plan at nil cost
