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Jet2 Plc
Director/PDMR Dealing
Business
Nov 25 2022
5 min read

Director/PDMR Dealing

25 November 2022

 

Jet2 plc

( the "Company")

 

Director/PDMR Dealing

 

Jet2 plc, the Leisure Travel group, announces that Mark Laurence, Non-executive Director of the Company, purchased 1,200,000 of the Company's guaranteed senior unsecured unrated convertible bonds due 2026 ("Convertible Bonds") on 24 November 2022, at 85 pence per Convertible Bond.

 

Details of the Convertible Bonds, which are convertible into ordinary shares of the Company, were included in the Company's announcements dated 2 June and 3 June 2021.

 

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation (596/2014), provides further details.

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mark Laurence

2

Reason for the notification

a)

Position/status

Non-executive Director

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

Guaranteed senior unsecured unrated convertible bonds due 2026


Identification code

XS2351465179

b)

Nature of the transaction

Purchase of Convertible Bonds

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£0.85

1,200,000

d)

Aggregated information

N/A single transaction


Aggregated volume

N/A single transaction


Price

N/A single transaction

e)

Date of the transaction

24 November 2022

f)

Place of the transaction

XOFF

 

 

 

For further information please contact:

 

Jet2 plc

Philip Meeson, Executive Chairman

Ian Day, Group Company Secretary

 

0113 239 7817

 

Cenkos Securities plc

Nominated Adviser

Katy Birkin / Camilla Hume

 

020 7397 8900