easyJet plc
(the "Company")
Director/PDMR shareholding
20 December 2019
The Company announces the following transactions by Executive Directors and PDMRs.
1. The Executive Directors and PDMRs were granted awards under the Company's Long Term Incentive Plan (LTIP) and Deferred Share Bonus Plan (DSBP) on 19 December 2019 as set out below.
LTIP Awards
| Name | Number of shares subject to Award |
| Johan Lundgren | 129,461 |
| Andrew Findlay | 76,976 |
| Ella Bennett | 33,854 |
| Lis Blair | 29,791 |
| Maaike de Bie | 37,473 |
| Robert Carey | 38,223 |
| Thomas Haagensen | 29,533 |
| Flic Howard-Allen | 26,210 |
| Sam Kini | 30,440 |
| Garry Wilson | 49,965 |
Each of the LTIP Awards are in the form of a nil-cost option, other than awards for Robert Carey which are granted as conditional awards.
The LTIP Awards will vest and become exercisable on the third anniversary of their grant date (i.e. on 19 December 2022) subject to the grantee's continued employment and to the extent to which the average Return of Capital Employed (ROCE), total headline Earnings Per Share (EPS) and relative total shareholder return (TSR) performance conditions set for the LTIP Awards are met, summary details of which are shown further below.
In addition, as disclosed in the Company's 2019 Annual report and accounts, the Executive Directors are required to retain the after-tax value of any shares under the LTIP award for a further two years from the vesting date (i.e. until 19 December 2024). The Executive Directors are also expected to build and maintain a shareholding equivalent of at least 200% of salary (CEO) 175% of salary (CFO) over a five year period following appointment.
| Average headline ROCE (40% of total award) | < 9.5% | 9.5% | 11.5% | 13.5% |
| Below threshold (0% vesting) | Threshold (25% vesting) | On-target (50% vesting) | Maximum (100% vesting) |
| Aggregate headline EPS (40% of total award) | < 288 pence | 288 pence | 310 pence | 335 pence |
| Below threshold (0% vesting) | Threshold (25% vesting) | On-target (50% vesting) | Maximum (100% vesting) |
| Ranking of easyJet's TSR (20% of total award) | < Median | Median | Upper quartile |
| Below threshold (0% vesting) | Threshold (25% vesting) | Maximum (100% vesting) |
The LTIP Awards part-vest on a straight-line basis between these points.
The LTIP ROCE targets set out above are based on average headline ROCE over the three-year performance period (being three years from 1 October 2019).
The EPS targets set out above are based on the aggregate of the headline EPS for each financial year of the same three-year performance period.
The TSR targets are based on relative TSR performance over the same three-year performance period. The Company's TSR performance as compared to the TSRs of a comparator group of companies being those ranked FTSE 51 to 150 at the start of the performance period. Three-month averaging periods are used prior to the start and end of the performance period. Regardless of relative TSR performance, in addition, easyJet must have achieved positive absolute TSR performance over the performance period for any part of the TSR element to be capable of vesting.
The Remuneration Committee believes these targets are suitably stretching and reasonable taking account of current market consensus and the uncertain economic and political environment.
DSBP Awards
| Name | Number of shares subject to Award |
| Johan Lundgren | 5,282 |
| Andrew Findlay | 3,586 |
| Ella Bennett | 678 |
| Lis Blair | 581 |
| Maaike de Bie | 246 |
| Robert Carey | 919 |
| Thomas Haagensen | 591 |
| Flic Howard-Allen | 525 |
| Garry Wilson | 3,439 |
Each of the DSBP Awards are in the form of a nil-cost option, other than awards for Robert Carey which are granted as conditional awards.
The DSBP Awards relate to a required deferral of a portion of annual bonus and shall ordinarily vest and become exercisable on the third anniversary of their grant date (i.e. on 19 December 2022) subject to the grantee's continued employment.
Further details relating to the operation of the LTIP and DSBP can be found within the 2019 Annual Report and Accounts which are available on the Company's website.
2. The following Executive Directors and PDMRs have exercised awards that vested on 19 December 2019 as set out below.
| Name | Type of Award | Exercise cost | Exercise date | Number of awards exercised | Number of shares sold to cover tax liabilities* | Number of shares retained |
| Lis Blair | LTIP Award | Nil | 19.12.19 | 3,858 | 1,819 | 2,039 |
| LTIP Dividend Award | Nil | 19.12.19 | 514 | 242 | 272 | |
| Andrew Findlay | LTIP Award | Nil | 19.12.19 | 62,080 | 29,267 | 32,813 |
| LTIP Dividend Award | Nil | 19.12.19 | 8,276 | 3,890 | 4,386 | |
| DSBP Award | Nil | 19.12.19 | 4,985 | 2,343 | 2,642 | |
| DSBP Dividend Award | Nil | 19.12.19 | 665 | 313 | 352 | |
| Flic Howard-Allen | Restricted Stock | Nil | 20.12.19 | 6,720 | 3,167 | 3,553 |
| Restricted Stock Dividend Award | Nil | 20.12.19 | 342 | 161 | 181 | |
| Garry Wilson | LTIP Award | Nil | 20.12.19 | 6,419 | 3,025 | 3,394 |
| LTIP Dividend Award | Nil | 20.12.19 | 327 | 154 | 173 | |
| Restricted Stock | Nil | 20.12.19 | 18,341 | 8,643 | 9,698 | |
| Restricted Stock Dividend Award | Nil | 20.12.19 | 935 | 440 | 495 |
* The shares were sold at a price of £14.29 for Lis Blair and Andrew Findlay on 19 December 2019, and at a price of £14.16 for Garry Wilson and £14.11 for Flic Howard-Allen on 20 December 2019.
In case of queries please contact:
| Michael Barker, Investor Relations | 07985 890939 |
| Anna Knowles, Corporate Communications | 07985 873313 |
| Dorothy Burwell/Ed Simpkins, Finsbury | 020 7251 3801 |
The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation.
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||||||
| a) | Name | Johan Lundgren
| |||||||||
| 2. | Reason for the notification | ||||||||||
| a) | Position/status | Chief Executive Officer | |||||||||
| b) | Initial notification/ Amendment | Initial notification | |||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||
| b) | Nature of the transaction | 1. Grant of LTIP Award under the easyJet Long Term Incentive Plan at nil cost. 2. Grant of DSBP Award under the easyJet Deferred Share Bonus Plan at nil cost. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 134,743
GBP Nil | |||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||
| 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/ Amendment | Initial notification | |||||||||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||||||||
| b) | Nature of the transaction | 1. Grant of LTIP Award under the easyJet Long Term Incentive Plan at nil cost. 2. Grant of DSBP Award under the easyJet Deferred Share Bonus Plan at nil cost. | |||||||||||||||
| c) | Price(s) and volume(s) |
| |||||||||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 80,562
GBP Nil | |||||||||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||||||||
| b) | Nature of the transaction | 1. Exercise of LTIP Awards at nil cost. 2. Exercise of LTIP Dividend Awards at nil cost. 3. Exercise of DSBP Awards at nil cost. 4. Exercise of DSBP Dividend Awards at nil cost. | |||||||||||||||
| c) | Price(s) and volume(s) |
| |||||||||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 76,006
GBP Nil | |||||||||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||||||||
| b) | Nature of the transaction | 1. Sale of shares resulting from LTIP Award exercise to cover tax liabilities. 2. Sale of shares resulting from LTIP Dividend Award exercise to cover tax liabilities. 3. Sale of shares resulting from DSBP Award exercise to cover tax liabilities. 4. Sale of shares resulting from DSBP Dividend Award exercise to cover tax liabilities. | |||||||||||||||
| c) | Price(s) and volume(s) |
| |||||||||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 35,813
GBP £14.29 | |||||||||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||||||||
| f) | Place of the transaction | XLON | |||||||||||||||
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||||||
| a) | Name | Ella Bennett
| |||||||||
| 2. | Reason for the notification | ||||||||||
| a) | Position/status | Group People Director | |||||||||
| b) | Initial notification/ Amendment | Initial notification | |||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||
| b) | Nature of the transaction | 1. Grant of LTIP Award under the easyJet Long Term and Matching Share Plan at nil cost. 2. Grant of DSBP Award under the easyJet Deferred Share Bonus Plan at nil cost. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 34,532
GBP Nil | |||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||||||
| a) | Name | Lis Blair
| |||||||||
| 2. | Reason for the notification | ||||||||||
| a) | Position/status | Chief Marketing Officer | |||||||||
| b) | Initial notification/ Amendment | Initial notification | |||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||
| b) | Nature of the transaction | 1. Grant of LTIP Award under the easyJet Long Term and Matching Share Plan at nil cost. 2. Grant of DSBP Award under the easyJet Deferred Share Bonus Plan at nil cost. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 30,372
GBP Nil | |||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||
| b) | Nature of the transaction | 1. Exercise of LTIP Awards at nil cost. 2. Exercise of LTIP Dividend Awards at nil cost. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 4,372
GBP Nil | |||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||
| b) | Nature of the transaction | 1. Sale of shares resulting from LTIP Award exercise to cover tax liabilities. 2. Sale of shares resulting from LTIP Dividend Award exercise to cover tax liabilities. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 2,061
GBP £14.29 | |||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||
| f) | Place of the transaction | XLON | |||||||||
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||||||
| a) | Name | Maaike de Bie
| |||||||||
| 2. | Reason for the notification | ||||||||||
| a) | Position/status | Group General Counsel & Company Secretary | |||||||||
| b) | Initial notification/ Amendment | Initial notification | |||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||
| b) | Nature of the transaction | 1. Grant of LTIP Award under the easyJet Long Term and Matching Share Plan at nil cost. 2. Grant of DSBP Award under the easyJet Deferred Share Bonus Plan at nil cost. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 37,719
GBP Nil | |||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||||||
| a) | Name | Robert Carey
| |||||||||
| 2. | Reason for the notification | ||||||||||
| a) | Position/status | Chief Commercial Officer | |||||||||
| b) | Initial notification/ Amendment | Initial notification | |||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||
| b) | Nature of the transaction | 1. Grant of LTIP Award under the easyJet Long Term and Matching Share Plan at nil cost. 2. Grant of DSBP Award under the easyJet Deferred Share Bonus Plan at nil cost. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 39,142
GBP Nil | |||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||||||
| a) | Name | Thomas Haagensen
| |||||||||
| 2. | Reason for the notification | ||||||||||
| a) | Position/status | Group Markets Director | |||||||||
| b) | Initial notification/ Amendment | Initial notification | |||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||
| b) | Nature of the transaction | 1. Grant of LTIP Award under the easyJet Long Term and Matching Share Plan at nil cost. 2. Grant of DSBP Award under the easyJet Deferred Share Bonus Plan at nil cost. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 30,124
GBP Nil | |||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||||||
| a) | Name | Flic Howard-Allen
| |||||||||
| 2. | Reason for the notification | ||||||||||
| a) | Position/status | Chief Communications Officer | |||||||||
| b) | Initial notification/ Amendment | Initial notification | |||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||
| b) | Nature of the transaction | 1. Grant of LTIP Award under the easyJet Long Term and Matching Share Plan at nil cost. 2. Grant of DSBP Award under the easyJet Deferred Share Bonus Plan at nil cost. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 26,735
GBP Nil | |||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||
| b) | Nature of the transaction | 1. Exercise of Restricted Stock Awards at nil cost. 2. Exercise of Restricted Stock Dividend Awards at nil cost. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 7,062
GBP Nil | |||||||||
| e) | Date of the transaction | 2019-12-20 | |||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||
| b) | Nature of the transaction | 1. Sale of shares resulting from Restricted Stock Award exercise to cover tax liabilities. 2. Sale of shares resulting from Restricted Stock Dividend Award exercise to cover tax liabilities. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 3,328
GBP £14.11 | |||||||||
| e) | Date of the transaction | 2019-12-20 | |||||||||
| f) | Place of the transaction | XLON | |||||||||
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | |||||||
| a) | Name | Sam Kini
| ||||||
| 2. | Reason for the notification | |||||||
| a) | Position/status | Chief Data & Information Officer | ||||||
| b) | Initial notification/ Amendment | Initial notification | ||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | ||||||
| b) | Nature of the transaction | Grant of LTIP Award under the easyJet Long Term and Matching Share Plan at nil cost.
| ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume:
GBP Nil | ||||||
| e) | Date of the transaction | 2019-12-19 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||||||||||||
| a) | Name | Garry Wilson
| |||||||||||||||
| 2. | Reason for the notification | ||||||||||||||||
| a) | Position/status | CEO, easyJet Holidays | |||||||||||||||
| b) | Initial notification/ Amendment | Initial notification | |||||||||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||||||||
| b) | Nature of the transaction | 1. Grant of LTIP Award under the easyJet Long Term and Matching Share Plan at nil cost. 2. Grant of DSBP Award under the easyJet Deferred Share Bonus Plan at nil cost. | |||||||||||||||
| c) | Price(s) and volume(s) |
| |||||||||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 53,404
GBP Nil | |||||||||||||||
| e) | Date of the transaction | 2019-12-19 | |||||||||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||||||||
| b) | Nature of the transaction | 1. Exercise of LTIP Awards at nil cost. 2. Exercise of LTIP Dividend Awards at nil cost. 3. Exercise of Restricted Stock Awards at nil cost. 4. Exercise of Restricted Stock Dividend Awards at nil cost. | |||||||||||||||
| c) | Price(s) and volume(s) |
| |||||||||||||||
| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 26,022
GBP Nil | |||||||||||||||
| e) | Date of the transaction | 2019-12-20 | |||||||||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||||||||
| 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 of the financial instrument, type of instrument
Identification code | Ordinary share of 27 2/7p
ISIN: GB00B7KR2P84 | |||||||||||||||
| b) | Nature of the transaction | 1. Sale of shares resulting from LTIP Award exercise to cover tax liabilities. 2. Sale of shares resulting from LTIP Dividend Award exercise to cover tax liabilities. 3. Sale of shares resulting from Restricted Stock Award exercise to cover tax liabilities. 4. Sale of shares resulting from Restricted Stock Dividend Award exercise to cover tax liabilities. | |||||||||||||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information
Aggregated volume Price |
Aggregated volume: 12,262
GBP £14.16 | |||||||||||||||
| e) | Date of the transaction | 2019-12-20 | |||||||||||||||
| f) | Place of the transaction | XLON | |||||||||||||||