easyJet PLC Director/PDMR Shareholding (7087F)
February 24 2015 - 5:33AM
UK Regulatory
TIDMEZJ
RNS Number : 7087F
easyJet PLC
24 February 2015
easyJet plc ("the Company")
Director/PDMR shareholding
24 February 2015
The Company announces that on 23 February 2015, the PDMR set out
below exercised his award granted on 4 January 2012 under the
easyJet Long Term Incentive Plan ('LTIP') and subsequently sold the
number of ordinary shares of 27 and 2/7 pence set out against his
name below.
Name Number Number Sale Total holding % of total
of LTIP of LTIP price following voting rights
awards shares transaction following
exercised sold transaction
-------- ----------- --------- --------- -------------- ---------------
Paul
Moore 41,648 41,648 GBP18.01 17,973 0.005%
-------- ----------- --------- --------- -------------- ---------------
The LTIP award grant on 4 January 2012 was based on a share
price of GBP3.928. The LTIP award vested on 4 January 2015 at 100%
of the total award. This 100% vesting required easyJet's ROCE to
achieve targets of up to 13%. The targets were based on three year
average ROCE (excluding operating lease adjustments) performance
for the years ended 30 September 2012, 30 September 2013 and 30
September 2014. The Company achieved an average ROCE of 22.0% for
the three financial years ended 30 September 2014.
This notification is made pursuant to the requirements of the
Disclosure and Transparency Rules 3.1.2R and 3.1.4R. The Company
received notification of the transaction on 23 February 2015.
For further details, please contact:
Institutional investors and analysts
Will MacLaren, Investor
Relations 07961 763 879
Michael Barker 07985 890 939
Media:
Anna Knowles, Corporate
Communications 07985 873 313
This information is provided by RNS
The company news service from the London Stock Exchange
END
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