Director/PDMR Shareholding

Released : 12 Jan 2016 16:40

RNS Number : 6502L
easyJet PLC
12 January 2016
 

easyJet plc ("the Company")

 

Director/PDMR shareholding

 

 

12 January 2016

 

 

The Company announces that on 11 January 2016, the following director and PDMRs purchased the number of shares (partnership shares) set out against their names below and were allocated the number of free matching shares set out below under the Company's Share Incentive Plan ('SIP'):

 

 


Partnership Shares purchased

Matching Shares awarded

Warwick Brady

9

9

Chris Brocklesby

106

88

Peter Duffy

9

9

Rachel Kentleton

9

9

Catherine Lynn

8

8

Carolyn McCall

9

9

Paul Moore

8

8

Kyla Mullins

79

79

 

 

The partnership shares were purchased at the price of £16.975 per share. Each participant may contribute £150 per month, or make a lump sum payment from their annual bonus, towards the purchase of partnership shares.

 

In accordance with the rules of the SIP, the matching shares have been awarded on the basis of one matching share for each partnership share purchased.  The Company matches the first £1,500 per year of shares purchased from employee contributions.

 

The matching shares will vest on the 3rd anniversary of the purchase of the partnership shares subject to continued employment and the retention of the underlying partnership shares.

 

This notification is made pursuant to the requirements of the Disclosure and Transparency Rule 3.1.4R. The Company received notification of this transaction from the trustees of the SIP on 12 January 2016. The place of the transaction was London.

 

 

 

For further details, please contact:

 

Paul Moore, Corporate Communications                    01582 525973

Stuart Morgan, Investor Relations                               07989 665484

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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