Jet2 PLC Grant of Options under Sharesave Schemes

RNS Number : 6198D

Jet2 PLC

10 September 2024

 

10 September 2024

 

Jet2 plc

(the "Company")

 

Grant of Options under the Company's Sharesave Schemes

 

 

Jet2 plc, the Leisure Travel group, is pleased to announce that under the Company's UK and International Sharesave Schemes, which have been introduced to encourage wider employee share ownership of the Company (the "Schemes"), the board approved the grant of options to subscribe for 1,481,655 ordinary shares of 1.25 pence each in the Company ("Options") on 5 September 2024.   

 

The Options have an exercise price, calculated in accordance with the rules of the Schemes, of £10.78 per share.  Subject to the rules of the Schemes, participants will be able to exercise their Options within six months commencing from 1 October 2027 subject to the participant's continued employment.

 

The Company continues to operate all of its share plans within the 10% in 10 years share plans dilution limit.

 

For further information please contact:

 

Jet2 plc Gary Brown, Group Chief Financial Officer Ian Day, Group Company Secretary	0113 239 7692
Cavendish Capital Markets Limited Nominated Adviser Katy Birkin / Camilla Hume / George Lawson	020 7220 0500

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

IOEEAANEFLDLEFA