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Easyjet PLC Remuneration Information 2019

Jun 27, 2019

5295_dirs_2019-06-27_ae155f17-77c5-445a-8da7-9e2b0732de98.html

Remuneration Information

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RNS Number : 7131D

easyJet PLC

27 June 2019

easyJet plc ("the Company")

Director/PDMR Shareholding

27 June 2019

The Company announces that, on 25 June 2019, Equiniti Limited ('Equiniti') notified the Company that on 14th June 2019, the Director and PDMRs of the Company set out below were granted an option to purchase Ordinary shares of 27 2/7 pence in the Company ("Shares") under the Company's Save As You Earn scheme ('SAYE'), as set out against their name and the notification forms below:

Name Number of Shares over which option granted
Johan Lundgren 1,571
Ella Bennett 1,571
Garry Wilson 1,571
Robert Carey 1,571

The exercise price of options granted under the SAYE is £8.02 per Share and the options are exercisable for a period of 6 months from 1 August 2022 to 31 January 2023, subject to continued employment by the employee.

The SAYE is an all-employee scheme comprising a three year savings plan available to eligible employees. The exercise of options on maturity is not dependent upon performance criteria.

This notification is made in accordance with the requirements of EU Market Abuse Regulation.

For further details, please contact:

Stuart Morgan, Investor Relations 07989 665484
Anna Knowles, Corporate Communications 07985 873313
Dorothy Burwell/Ed Simpkins, Finsbury 020 7251 3801

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

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

Ordinary share of 27 2/7p

Identification code

ISIN: GB00B7KR2P84

b)

Nature of the transaction

Grant of options to acquire shares under the easyJet SAYE scheme 2019 - UK Invitation. The options will ordinarily become exercisable from the third anniversary of the grant date subject to continued service.

c)

Price(s) and volume(s)

Price(s) Volume(s)
SAYE option grant GBP 8.02 1571

d)

Aggregated information

-    Aggregated volume

1571

-    Price

£8.02

e)

Date of the transaction

2019-06-14

f)

Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Ella Bennett

2.

Reason for the notification

a)

Position/status

Group People Director

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

Ordinary share of 27 2/7p

Identification code

ISIN: GB00B7KR2P84

b)

Nature of the transaction

Grant of options to acquire shares under the easyJet SAYE scheme 2019 - UK Invitation The options will ordinarily become exercisable from the third anniversary of the grant date subject to continued service.

c)

Price(s) and volume(s)

Price(s) Volume(s)
SAYE option grant GBP 8.02 1571

d)

Aggregated information

-    Aggregated volume

1571

-    Price

£8.02

e)

Date of the transaction

2019-06-14

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

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

Ordinary share of 27 2/7p

Identification code

ISIN: GB00B7KR2P84

b)

Nature of the transaction

Grant of options to acquire shares under the easyJet SAYE scheme 2019 - UK Invitation The options will ordinarily become exercisable from the third anniversary of the grant date subject to continued service.

c)

Price(s) and volume(s)

Price(s) Volume(s)
SAYE option grant GBP 8.02 1571

d)

Aggregated information

-    Aggregated volume

1571

-    Price

£8.02

e)

Date of the transaction

2019-06-14

f)

Place of the transaction

Outside a trading venue

1.

Details of the person discharging managerial responsibilities/ person closely associated

a)

Name

Robert Carey

2.

Reason for the notification

a)

Position/status

Chief Commercial & Strategy Officer 

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

Ordinary share of 27 2/7p

Identification code

ISIN: GB00B7KR2P84

b)

Nature of the transaction

Grant of options to acquire shares under the easyJet SAYE scheme 2019 - UK Invitation The options will ordinarily become exercisable from the third anniversary of the grant date subject to continued service.

c)

Price(s) and volume(s)

Price(s) Volume(s)
SAYE option grant GBP 8.02 1571

d)

Aggregated information

-    Aggregated volume

1571

-    Price

£8.02

e)

Date of the transaction

2019-06-14

f)

Place of the transaction

Outside a trading venue

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 [email protected] or visit www.rns.com.

END

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