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Easyjet PLC
Director's Dealing • Dec 12, 2024
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Director's Dealing
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National Storage Mechanism | Additional information
easyJet plc (EZJ)
Director/PDMR Shareholding
12-Dec-2024 / 17:00 GMT/BST
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
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 81,473 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 81,473
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
Sale of shares resulting from vesting of conditional awards under the Restricted Share Plan to cover tax liabilities
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £5.88 | 38,389 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 38,389
GBP: £5.88
e)
Date of the transaction
2024-12-12
f)
Place of the transaction
XLON
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 | 22,497 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 22,497
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 | 76,550 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 76,550
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
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 | 13,087 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 13,087
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 | 49,718 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 49,718
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
Rebecca Mills
2.
Reason for the notification
a)
Position/status
Group General Counsel
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 | 12,309 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 12,309
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 | 49,761 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 49,761
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
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 Deferred Share Bonus Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 17,614 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 17,614
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 | 65,812 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 65,812
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
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 | 24,651 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 24,651
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 | 88,326 |
d)
Aggregated information
Aggregated volume
Price
Aggregated volume: 88,326
GBP: Nil
e)
Date of the transaction
2024-12-12
f)
Place of the transaction
Outside a trading venue
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
| ISIN: | GB00B7KR2P84 |
| Category Code: | DSH |
| TIDM: | EZJ |
| LEI Code: | 2138001S47XKWIB7TH90 |
| Sequence No.: | 364901 |
| EQS News ID: | 2050361 |
| End of Announcement | EQS News Service |