The Company announces that, on 5 April 2024, awards of up to £3,000 worth of ordinary shares of 27 2/7 pence each in the Company ("Ordinary Shares") were made, as part of a pre-determined and committed programme of awards, to eligible employees under the "Performance (Free) Shares" element of the Company's HMRC approved all-employee Share Incentive Plan ("SIP").
The Company was notified on 9 April 2024 by Equiniti Share Plan Trustees Limited as the trustee of the SIP that the following persons discharging managerial responsibility were awarded the number of shares set out against each of their names in the notification forms below:
Name
Number of Shares awarded
Johan Lundgren
537
Kenton Jarvis
537
Robert Birge
537
Stuart Birrell
537
Sophie Dekkers
537
Thomas Haagensen
537
Rebecca Mills
537
David Morgan
537
Jane Storm
537
Garry Wilson
537
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
The notifications below are made in accordance with the requirements of the Market Abuse Regulation.
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
Ordinary shares of 27 2/7p
Identification code
ISIN: GB00B7KR2P84
b)
Nature of the transaction
Award of Performance (Free) Shares under the Company's HMRC approved all-employee Share Incentive Plan ("SIP"). The shares will ordinarily become available from the third anniversary of the award date subject to continued service.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Performance (Free) Shares
£5.58
537
d)
Aggregated information
Aggregated volume
Aggregated volume: 537
Price
£5.58
e)
Date of the transaction
2024-04-05
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
Ordinary shares of 27 2/7p
Identification code
ISIN: GB00B7KR2P84
b)
Nature of the transaction
Award of Performance (Free) Shares under the Company's HMRC approved all-employee Share Incentive Plan ("SIP"). The shares will ordinarily become available from the third anniversary of the award date subject to continued service.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Performance (Free) Shares
£5.58
537
d)
Aggregated information
Aggregated volume
Aggregated volume: 537
Price
£5.58
e)
Date of the transaction
2024-04-05
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
Ordinary shares of 27 2/7p
Identification code
ISIN: GB00B7KR2P84
b)
Nature of the transaction
Award of Performance (Free) Shares under the Company's HMRC approved all-employee Share Incentive Plan ("SIP"). The shares will ordinarily become available from the third anniversary of the award date subject to continued service.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Performance (Free) Shares
£5.58
537
d)
Aggregated information
Aggregated volume
Aggregated volume: 537
Price
£5.58
e)
Date of the transaction
2024-04-05
f)
Place of the transaction
Outside a trading venue
1.
Details of the person discharging managerial responsibilities/ person closely associated
a)
Name
Stuart Birrell
2.
Reason for the notification
a)
Position/status
Chief Data & Information 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
Ordinary shares of 27 2/7p
Identification code
ISIN: GB00B7KR2P84
b)
Nature of the transaction
Award of Performance (Free) Shares under the Company's HMRC approved all-employee Share Incentive Plan ("SIP"). The shares will ordinarily become available from the third anniversary of the award date subject to continued service.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Performance (Free) Shares
£5.58
537
d)
Aggregated information
Aggregated volume
Aggregated volume: 537
Price
£5.58
e)
Date of the transaction
2024-04-05
f)
Place of the transaction
Outside a trading venue
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
Ordinary shares of 27 2/7p
Identification code
ISIN: GB00B7KR2P84
b)
Nature of the transaction
Award of Performance (Free) Shares under the Company's HMRC approved all-employee Share Incentive Plan ("SIP"). The shares will ordinarily become available from the third anniversary of the award date subject to continued service.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Performance (Free) Shares
£5.58
537
d)
Aggregated information
Aggregated volume
Aggregated volume: 537
Price
£5.58
e)
Date of the transaction
2024-04-05
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
Ordinary shares of 27 2/7p
Identification code
ISIN: GB00B7KR2P84
b)
Nature of the transaction
Award of Performance (Free) Shares under the Company's HMRC approved all-employee Share Incentive Plan ("SIP"). The shares 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)
Performance (Free) Shares
£5.58
537
d)
Aggregated information
Aggregated volume
Aggregated volume: 537
Price
£5.58
e)
Date of the transaction
2024-04-05
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
Ordinary shares of 27 2/7p
Identification code
ISIN: GB00B7KR2P84
b)
Nature of the transaction
Award of Performance (Free) Shares under the Company's HMRC approved all-employee Share Incentive Plan ("SIP"). The shares will ordinarily become available from the third anniversary of the award date subject to continued service.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Performance (Free) Shares
£5.58
537
d)
Aggregated information
Aggregated volume
Aggregated volume: 537
Price
£5.58
e)
Date of the transaction
2024-04-05
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
Ordinary shares of 27 2/7p
Identification code
ISIN: GB00B7KR2P84
b)
Nature of the transaction
Award of Performance (Free) Shares under the Company's HMRC approved all-employee Share Incentive Plan ("SIP"). The shares will ordinarily become available from the third anniversary of the award date subject to continued service.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Partnership shares
£5.58
537
d)
Aggregated information
Aggregated volume
Aggregated volume: 537
Price
£5.58
e)
Date of the transaction
2024-04-05
f)
Place of the transaction
Outside a trading venue
1.
Details of the person discharging managerial responsibilities/ person closely associated
a)
Name
Jane Storm
2.
Reason for the notification
a)
Position/status
Group People 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
Ordinary shares of 27 2/7p
Identification code
ISIN: GB00B7KR2P84
b)
Nature of the transaction
Award of Performance (Free) Shares under the Company's HMRC approved all-employee Share Incentive Plan ("SIP"). The shares will ordinarily become available from the third anniversary of the award date subject to continued service.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Performance (Free) Shares
£5.58
537
d)
Aggregated information
Aggregated volume
Aggregated volume: 537
Price
£5.58
e)
Date of the transaction
2024-04-05
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
Ordinary shares of 27 2/7p
Identification code
ISIN: GB00B7KR2P84
b)
Nature of the transaction
Award of Performance (Free) Shares under the Company's HMRC approved all-employee Share Incentive Plan ("SIP"). The shares will ordinarily become available from the third anniversary of the award date subject to continued service.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Performance (Free) Shares
£5.58
537
d)
Aggregated information
Aggregated volume
Aggregated volume: 537
Price
£5.58
e)
Date of the transaction
2024-04-05
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.
easyJet plc is one of the leading low-cost airlines in Europe. Net sales break down by activity as follows:
- passenger transport (63.9%): 82.8 million passengers transported in 2022/23;
- other (36.1%): baggage handling services, food service, car rental, etc.
At the end of September 2023, the group operated a fleet of 336 airplanes.
Net sales are distributed geographically as follows: the United Kingdom (53.2%), Switzerland (9.7%), Northern Europe (7.5%), France (10.4%), Southern Europe (17.5%) and other (1.7%).