8th Sep 2025 14:59
8 September 2025
Jet2 plc
(the "Company")
Grant of Options under the Company's Sharesave Schemes
and Director/PDMR Shareholding
Jet2 plc, the Leisure Travel group, is pleased to announce that under the Company's UK and International Sharesave Schemes, which have been introduced to encourage wider employee share ownership of the Company (the "Schemes"), options to subscribe for 2,473,144 ordinary shares of 1.25 pence each in the Company ("Options") were granted on 5 September 2025.
The Options have an exercise price, calculated in accordance with the rules of the Schemes, of £13.05 per share. Subject to the rules of the Schemes, participants will be able to exercise their Options within six months of 1 October 2028, subject to the participant's continued employment.
Under the UK Sharesave Scheme, the following PDMRs of the Company applied to participate in the Scheme and have been granted Options in the amounts shown below:
Director | Number of Options |
Steve Heapy, Chief Executive Officer | 1,406 |
Gary Brown, Group Chief Financial Officer | 1,406 |
The Company continues to operate all of its share plans within the 10% in 10 years share plans dilution limit.
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further details.
For further information, please contact:
Jet2 plc Steve Heapy, Chief Executive Officer | Tel: 0113 239 7692 |
Gary Brown, Group Chief Financial Officer | |
Institutional investors and analysts: Mark Buxton, Finance and Investor Relations Director | Tel: 0113 848 0242 |
Cavendish Capital Markets Limited - Nominated Adviser Katy Birkin / George Lawson | Tel: 020 7220 0500 |
Headland Consultancy - Financial PR Ed Young / Will Smith / Jack Gault | Tel: 020 3805 4822 |
Notes to Editors
Jet2 plc is a Leisure Travel Group, comprising Jet2holidays, the UK's leading provider of ATOL protected package holidays to leisure destinations across the Mediterranean, Canary Islands and European Leisure Cities and Jet2.com, the UK's third largest airline by number of passengers flown, which specialises in scheduled holiday flights. In the financial year ended 31 March 2025, over 66% of flown passengers took an end-to-end package holiday with the remainder taking a flight-only.
Jet2 currently operates from 13 UK airport bases at Belfast International, Birmingham, Bournemouth, Bristol, East Midlands, Edinburgh, Glasgow, Leeds Bradford, Liverpool John Lennon, London Luton, London Stansted, Manchester and Newcastle.
| 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 | ||
a) | Name | Gary Brown | |
2 | Reason for the notification | ||
a) | Position/status | Group Chief Financial Officer | |
b) | Initial notification/Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Jet2 plc | |
b) | LEI | I72RQ3PNLDPW8R7JIJ56 | |
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 | ||
a) | Description of the financial instrument, type of instrument | Option to acquire ordinary shares of 1.25p each | |
Identification code | GB00B1722W11 | ||
b) | Nature of the transaction | Grant of an Option under the Company's UK Sharesave Scheme | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
Nil | 1,406 | ||
d) | Aggregated information | N/A single transaction | |
Aggregated volume | N/A single transaction | ||
Price | N/A single transaction | ||
e) | Date of the transaction | 5 September 2025 | |
f) | Place of the transaction | Outside of a trading venue | |
Related Shares:
Jet2