easyJet PLC Director/PDMR Shareholding (1353G)

TIDMEZJ

RNS Number : 1353G

easyJet PLC

27 February 2018

easyJet plc ("the Company")

Director/PDMR shareholding

The Company announces that on 27 February 2018 Chris Browne, a PDMR of the Company, was granted a "top up" to her existing 2017 award under the Company's relevant Long Term Incentive Plan (LTIP) for a value equivalent to 50% of her base salary.

This additional award will be subject to the 3-year vesting cycle (i.e. 19 December 2020), and the performance conditions detailed in the Group's announcement dated 19 December 2017. Further details relating to the operation of the LTIP can be found within the 2017 Annual report and accounts which are available on the Company's website.

For further details, please contact:

 
 Stuart Morgan, Investor 
  Relations                  [phone] 
 Michael Barker, Investor 
  Relations                  [phone] 
 Paul Moore, Corporate 
  Communications             [phone] 
 
 
 1.   Details of the person discharging managerial 
       responsibilities/ person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                    Chris Browne 
---  ----------------------  --------------------------------------------- 
 2.   Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status         Chief Operating 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 
       the transaction 
---  ----------------------  --------------------------------------------- 
 c)   Price(s) and                                  Price(s)    Volume(s) 
       volume(s)                ------------------  ----------  ---------- 
                                 LTIP Performance 
                                  Award              Nil         12,255 
                                ------------------  ----------  ---------- 
---  ----------------------  --------------------------------------------- 
 d)   Aggregated 
       information              Aggregated volume: 12,255 
       Aggregated               GBP Nil 
       volume 
       Price 
---  ----------------------  --------------------------------------------- 
 e)   Date of the             2018-02-27 
       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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February 27, 2018 12:03 ET (17:03 GMT)