13th Mar 2007 13:56
easyJet PLC13 March 2007 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24. (2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24. (3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24. (4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer easyJet plc .................................... 2. State whether the notification relates to (i) a transaction notified inaccordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (asextended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) (i) and (ii) .................................... 3. Name of person discharging managerial responsibilities/director Sir Stelios Haji-Ioannou .................................... 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person easyGroup Holdings Limited .................................... 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest easyGroup Holdings Limited ................................. 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares A Liquidity Collar Transaction incorporating options to acquire and dispose ofordinary shares .................................... 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them Vidacos Nominees Limited .................................... 8 State the nature of the transaction In respect of 1,500,000 Ordinary Shares, the subject of the transaction,easyGroup Holdings Limited will continue to enjoy the upside in the price perOrdinary Share up to a price of £10.09 per Ordinary Share. In return for forfeiting the upside beyond £10.09 per Ordinary Share, easyGroupHoldings Limited will be protected against a decline in the value of theOrdinary Shares below £6.14 per Ordinary Share. easyGroup Holdings Limited has been able to raise liquidity against the1,500,000 Ordinary Shares as a result of the transaction. 9. Number of shares, debentures or financial instruments relating to sharesacquired N/A .................................... 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) N/A .................................... 11. Number of shares, debentures or financial instruments relating to sharesdisposed N/A .................................... 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) N/A .................................... 13. Price per share or value of transaction The price of the transaction is as detailed under 8 above and equates to a valueof circa £10 million based on number of shares and current share price. .................................... 14. Date and place of transaction 9 March 2007, London .................................... 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) 66,076,451 - 15.79% .................................... 16. Date issuer informed of transaction 12 March 2007 .................................... If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17 Date of grant N/A .................................... 18. Period during which or date on which it can be exercised N/A .................................... 19. Total amount paid (if any) for grant of the option N/A .................................... 20. Description of shares or debentures involved (class and number) N/A .................................... .................................... 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at the time of exercise N/A .................................... 22. Total number of shares or debentures over which options held followingnotification N/A .................................... 23. Any additional information .................................... 24. Name of contact and telephone number for queries Toby Nicols - Corporate Communications 01582 525339 Julia Collins - Investor Relations 01582 525258 .................................... Name and signature of duly authorised officer of issuer responsible for makingnotification Giles Pemberton, Company Secretary .................................... Date of notification 13 March 2007 .................................... END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
easyJet