easyJet plc ("the Company")
Director/PDMR shareholding
The Company announces that on 16 August 2018, Kyla Mullins, Group General Counsel and Company Secretary, exercised 3,457 nil cost option awards over 27 2/7 p ordinary shares in the capital of the Company (LTIP). She has retained 1,826 shares, selling only sufficient to fund the tax and national insurance liabilities and administrative fees arising on exercise. These awards are detailed below:
| Type of award | Grant date | Vesting date | Awards vested | % award vested | Share price at grant |
| 2015 LTIP Awards | 19 June 2015 | 19 June 2018 | 3,068 | 15.3% | £15.58 |
| 2015 LTIP Dividend Award | 19 June 2015 | 19 June 2018 | 389 | 15.3% | £15.58 |
| Total | 3,457 | ||||
Details regarding the 2015 Long Term Incentive Plan (LTIP) (including performance conditions) are set out in the Company's 2017 Annual Report.
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 |
| Anna Knowles, Corporate Communications | +44 (0) 7985 873 313 |
| 1. | Details of the person discharging managerial responsibilities/ person closely associated | ||||||||||
| a) | Name | Kyla Mullins | |||||||||
| 2. | Reason for the notification | ||||||||||
| a) | Position/status | Company Secretary & Group General Counsel | |||||||||
| b) | Initial notification/ Amendment | This is an 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 | Exercise and Sale of nil cost options (LTIP) awarded on 19 June 2015. | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information - Aggregated volume - Price |
Aggregated volume:
Exercise and Keep
Volume 1,828 Price GBP Nil Exercise and Sell Sufficient Volume 1,629 Price GBP £15.73 | |||||||||
| e) | Date of the transaction | 2018-08-16 | |||||||||
| f) | Place of the transaction | Outside a trading venue (Exercise of nil cost options and Transfer of shares) and XLON (Sale of shares ) | |||||||||