Flybe Group PLC Director/PDMR Shareholding (7642W)

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RNS Number : 7642W

Flybe Group PLC

13 February 2017

Flybe Group plc

Notification of transactions by Directors/PDMRs

In accordance with Disclosure and Transparency Rule 3.1.4R(1), Flybe Group plc ("Flybe" or the "Company") announces that on 9 February 2017, an award over ordinary shares of 1p each in the capital of the Company was made under the terms of Flybe Performance Share Plan ("PSP") to the following director:

 
 Director/PDMR                   Number of shares under 
                                  award 
 Christine Ourmieres-Widener, 
  Chief Executive Officer        1,295,349 
 
 

The awards represent 1p par value options which, to the extent that the awards vest, provide for shares to be delivered to the individuals for 1p consideration per share.

The percentage of the shares that ultimately do vest is dependent on the satisfaction of performance criteria set out by the Remuneration Committee and measured over a three-year performance period ending on 31 March 2019. Further details regarding this, including the vesting schedule, is set out on page 76 of the Company's 2015/16 Annual Report.

13 February 2017

Enquiries:

Catherine Ledger

Company Secretary

Flybe Group Plc

This information is provided by RNS

The company news service from the London Stock Exchange

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February 13, 2017 11:11 ET (16:11 GMT)