EasyJet Announces Director/PDMR Shareholding

On 17 July 2024, easyJet plc announced that several persons discharging managerial responsibilities (PDMRs) have been granted options to purchase ordinary shares under the Company’s Save As You Earn scheme (SAYE). This all-employee scheme includes a three-year savings plan available to eligible employees. Options will generally be exercisable for six months from the expected maturity date and do not depend on performance criteria, but rather the participant’s continued employment.

Kenton Jarvis, Chief Financial Officer, was granted options over 3,596 shares with an exercise price of £3.61, maturing on 1 September 2027. Rebecca Mills, Group General Counsel, was granted options over 2,055 shares, and David Morgan, Chief Operating Officer, received options over 3,596 shares. The options were allocated with no initial price and transactions occurred outside a trading venue.