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11 August 2025 07:01:59
- Source: Sharecast
11 August 2025
Jet2 plc
(the "Company")
Grant of Awards and Director/PDMR Shareholding
Jet2 plc, the Leisure Travel group, announces that Steve Heapy, Chief Executive Officer and Gary Brown, Group Chief Financial Officer, received 87,591 and 66,875 ordinary shares of 1.25p each in the Company ("Ordinary Shares") pursuant to the vesting of an award granted under the Company's Share Reward Plan, detailed in the announcement released on 20 July 2022.
In order to fund the income tax, National Insurance liabilities, option price, broker and administrative fees arising on the shares received, on 7 August 2025, Steve Heapy and Gary Brown subsequently sold 41,411 and 31,617 Ordinary Shares at £16.372 per share and retained the balance of 46,180 and 35,258 Ordinary Shares, respectively.
Following these transactions, Steve Heapy beneficially holds a total of 401,294 Ordinary Shares, representing approximately 0.194% of the Company's issued share capital, and Gary Brown beneficially holds a total of 193,207 Ordinary Shares, representing approximately 0.0934% of the Company's issued share capital.
On 25 July 2024 the Company incorrectly included unvested awards into the beneficial holdings calculation and reported that Steve Heapy beneficially held a total of 459,795 Ordinary Shares and Gary Brown beneficially held a total of 238,122 Ordinary Shares. The correct beneficial shareholdings for Steve Heapy and Gary Brown, following the vesting of awards, are included above.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further details.
For further information, please contact:
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Jet2 plc Steve Heapy, Chief Executive Officer |
Tel: 0113 239 7692 |
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Gary Brown, Group Chief Financial Officer |
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Institutional investors and analysts: Mark Buxton, Finance and Investor Relations Director |
Tel: 0113 848 0242 |
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Cavendish Capital Markets Limited - Nominated Adviser Katy Birkin / George Lawson |
Tel: 020 7220 0500 |
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Burson Buchanan - Financial PR Richard Oldworth / Toto Berger |
Tel: 020 7466 5000 |
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.
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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 |
Steve Heapy |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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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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£16.372 |
41,411 |
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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 |
7 August 2025 |
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f) |
Place of the transaction |
XOFF |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Gary Brown |
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2 |
Reason for the notification |
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a) |
Position/status |
Group Chief Financial Officer |
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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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£16.372 |
31,617 |
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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 |
7 August 2025 |
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f) |
Place of the transaction |
XOFF |
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