easyJet PLC Director/PDMR Shareholding (5560S)
December 22 2016 - 2:00AM
UK Regulatory
TIDMEZJ
RNS Number : 5560S
easyJet PLC
22 December 2016
easyJet plc ("the Company")
Director/PDMR shareholding
The Company announces that on 19 December 2016, Andrew Findlay,
Chief Financial Officer, exercised 28,947 nil cost option awards
over 27 2/7 p ordinary shares in the capital of the Company,
transferred 15,307 shares to Julie Findlay and sold the remainder
in order to fund the tax and national insurance liabilities and
administrative fees arising on exercise. These awards were part of
the performance related buy out arrangement agreed to compensate
Andrew Findlay for the Long Term Incentive Plan (LTIP) forfeited
from his previous employer when he joined the Company in October
2015.
Further information relating to the awards made to compensate
for the forfeiture of the LTIP Andrew Findlay received from his
previous employer is set out on p. 72 of easyJet's 2016 Annual
report and accounts which are available on the Company's
website.
Set out below is the notification made in accordance with the
requirements of the EU Market Abuse Regulation.
For further details, please contact:
Stuart Morgan, Investor
Relations +44 (0) 7989 665 484
Paul Moore, Corporate
Communications +44 (0) 7860 794 444
1. Details of the person discharging managerial
responsibilities/ person closely associated
----- ---------------------------------------------------------------------
a) Name Andrew Findlay
----- ------------------------- ------------------------------------------
2. Reason for the notification
----- ---------------------------------------------------------------------
a) Position/status Chief Financial Officer
----- ------------------------- ------------------------------------------
b) Initial notification/ This is an initial notification
Amendment
----- ------------------------- ------------------------------------------
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 Ordinary share of 27 2/7p
of the financial
instrument,
type of instrument
ISIN: GB00B7KR2P84
Identification
code
----- ------------------------- ------------------------------------------
b) Nature of Exercise of nil cost options
the transaction granted on 20 November 2015 as
part of the buy-out arrangements,
sale of shares to fund the income
tax and national insurance liability
and transfer balance of shares
to Julie Findlay.
----- ------------------------- ------------------------------------------
Price(s) and Price(s) Volume(s)
c) volume(s) -------------- ----------- ----------
Acquisition
of shares
on exercise
of share
award
Sale of
shares to
satisfy
income tax
and NICs Nil 28,947
liability
Transfer
of shares GBP10.24 13,640
to Julie
Findlay Nil 15,307
-------------- ----------- ----------
----- ------------------------- ------------------------------------------
d) Aggregated
information Aggregated volume:
* Aggregated volume Exercise
Volume 28,947
Price GBP Nil
* Price Sale
Volume 13,640
Price GBP GBP10.24
Transfer
Volume 15,307
Price GBP Nil
----- ------------------------- ------------------------------------------
e) Date of the 2016-12-19
transaction
----- ------------------------- ------------------------------------------
f) Place of the Outside a trading venue (Exercise
transaction of nil cost options and Transfer
of shares) and XLON (Sale of
shares )
----- ------------------------- ------------------------------------------
1. Details of the person discharging managerial
responsibilities/ person closely associated
----- --------------------------------------------------------------------
a) Name Julie Findlay
----- ------------------------- -----------------------------------------
2. Reason for the notification
----- --------------------------------------------------------------------
a) Position/status Person closely associated
----- ------------------------- -----------------------------------------
b) Initial notification/ This is an initial notification
Amendment
----- ------------------------- -----------------------------------------
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 Ordinary share of 27 2/7p
of the financial
instrument,
type of instrument
ISIN: GB00B7KR2P84
Identification
code
----- ------------------------- -----------------------------------------
b) Nature of Receipt of 15,307 shares transferred
the transaction from Andrew Findlay - Chief Financial
Officer.
----- ------------------------- -----------------------------------------
Price(s) and Price(s) Volume(s)
c) volume(s) -------------- ---------- ----------
Transfer
of shares
from Andrew
Findlay Nil 15,307
-------------- ---------- ----------
----- ------------------------- -----------------------------------------
d) Aggregated
information Not applicable
* Aggregated volume Single transaction
* Price
----- ------------------------- -----------------------------------------
e) Date of the 2016-12-19
transaction
----- ------------------------- -----------------------------------------
f) Place of the Outside a trading venue
transaction
----- ------------------------- -----------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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