3 December 2020
Jet2 plc
(the "Company")
Director/PDMR Shareholding
Jet2 plc, the Leisure Travel group, announces that on 3 December 2020, The Philip Meeson 2019 Settlement, a person closely associated with Mr Philip Meeson, Executive Chairman, sold 500,000 ordinary shares of 1.25p each ("Ordinary Shares") at £14.00 per Ordinary Share. The Philip Meeson 2019 Settlement is a UK resident settlement of which Mr Meeson is a trustee but not a beneficiary.
Following this transaction, The Philip Meeson 2019 Settlement will hold a total of 5,500,000 Ordinary Shares representing 3.08% of the Company's issued share capital.
The notification below, made in accordance with the requirements of the Market Abuse Regulation (596/2014), provides further details.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Philip Hugh Meeson / the trustees of The Philip Meeson 2019 Settlement |
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2 |
Reason for the notification |
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a) |
Position/status |
PCA of Philip Hugh Meeson, Executive Chairman |
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b) |
Initial notification/Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Jet2 plc |
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b) |
LEI |
I72RQ3PNLDPW8R7JIJ56 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of 1.25p each |
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Identification code |
GB00B1722W11 |
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b) |
Nature of the transaction |
Sale of Ordinary Shares |
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c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
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£14.00 |
500,000 |
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d) |
Aggregated information |
N/A single transaction |
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Aggregated volume |
N/A single transaction |
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Price |
N/A single transaction |
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e) |
Date of the transaction |
3 December 2020 |
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f) |
Place of the transaction |
AIMX |
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For further information please contact:
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Jet2 plc Philip Meeson, Executive Chairman Ian Day, Group Company Secretary
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0113 239 7817
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Cenkos Securities plc Nominated Adviser Katy Birkin / Russell Cook
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020 7397 8900 |
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