17th Dec 2009 14:38
easyJet plc
Director/PDMRs shareholdings
17 December 2009
easyJet plc announces that the following PDMRs have been awarded the following shares under the easyJet Long Term Incentive Plan ('LTIP'):
|
Award 1 |
Award 2 |
Matching Shares |
Total Award |
|
|
Warwick Brady |
57,306 |
57,306 |
114,612 |
|
|
Mike Campbell |
75,931 |
75,931 |
151,862 |
|
|
Dana Dunne |
93,123 |
93,123 |
186,246 |
|
|
Catherine Lynn |
42,979 |
42,979 |
85,958 |
|
|
Tim Newing |
47,277 |
47,277 |
94,554 |
|
|
Cor Vrieswijk |
104,688 |
104,688 |
28,653 |
238,029 |
These are subject to the performance conditions shown below:
Award 1 and Matching Shares
These awards will vest in three years subject to the satisfaction of Return on Equity targets measured by reference to a three year performance period as follows:
|
Threshold (25% vests) |
Target (50% vests) |
Maximum (100% vests) |
|
|
Return on Equity Year ending 30 September 2012 |
9% |
12% |
15% |
Award 2
These awards will vest in three years subject to the satisfaction of Return on Equity targets measured by reference to a three year performance period as follows:
|
Threshold (25% vests) |
Target (50% vests) |
Maximum (100% vests) |
|
|
Return on Equity Year ending 30 September 2012 |
11% |
13% |
15% |
For further details, please contact
Oliver Aust, Corporate Communications 01582 525973
Rachel Kentleton, Investor Relations 01582 525258
Related Shares:
easyJet