Director/PDMR Shareholding

Released : 13 Jun 2016 17:06

RNS Number : 0558B
easyJet PLC
13 June 2016
 

easyJet plc ("the Company")

 

Director/PDMR shareholding

 

 

13 June 2016

 

 

The Company announces that on 10 June 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

10

10

Peter Duffy

11

11

Andrew Findlay

11

11

Rachel Kentleton

10

10

Catherine Lynn

9

9

Carolyn McCall

10

10

Paul Moore

9

9

Kyla Mullins

10

10

Jacky Simmonds

11

11

 

 

The partnership shares were purchased at the price of £14.44 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 13 June 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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