Easyjet PLC — Director's Dealing 2018

Aug 17, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 1852Y

easyJet PLC

17 August 2018

easyJet plc ("the Company")

Director/PDMR shareholding

The Company announces that on 16 August 2018, Kyla Mullins, Group General Counsel and Company Secretary, exercised 3,457 nil cost option awards over 27 2/7 p ordinary shares in the capital of the Company  (LTIP).  She has retained 1,826 shares, selling only sufficient to fund the tax and national insurance liabilities and administrative fees arising on exercise. These awards are detailed below:

Type of award	Grant date	Vesting date	Awards vested	% award vested	Share price at grant
2015 LTIP Awards	19 June 2015	19 June 2018	3,068	15.3%	£15.58
2015 LTIP Dividend Award	19 June 2015	19 June 2018	389	15.3%	£15.58
Total			3,457

Details regarding the 2015 Long Term Incentive Plan (LTIP) (including performance conditions) are set out in the Company's 2017 Annual Report. 

Set out below is the notification made in accordance with the requirements of the EU Market Abuse Regulation.

For further details, please contact:

Stuart Morgan, Investor Relations	+44 (0) 7989 665 484
Anna Knowles, Corporate Communications	+44 (0) 7985 873 313

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Kyla Mullins

2.

Reason for the notification

a)

Position/status

Company Secretary & Group General Counsel 

b)

Initial notification/ Amendment

This is an 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 share of 27 2/7p

ISIN: GB00B7KR2P84

b)

Nature of the transaction

Exercise and Sale of nil cost options (LTIP) awarded on 19 June 2015.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
Acquisition of shares on exercise of share award	Nil	1,828
Sale of shares	£15.73	1,629

d)

Aggregated information

-    Aggregated volume

-    Price

Aggregated volume:  

Exercise and Keep

Volume 1,828

Price GBP Nil

Exercise and Sell Sufficient

Volume  1,629

Price GBP £15.73

e)

Date of the transaction

2018-08-16

f)

Place of the transaction

Outside a trading venue (Exercise of nil cost options and Transfer of shares) and XLON (Sale of shares )

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHZMGMRMNRGRZM