REG - Jet2 PLC - Grant of Options under Sharesave Schemes

Jet2Announcement

10/09/2024 14:00

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RNS Number : 6198D  Jet2 PLC  10 September 2024

10 September 2024

 

Jet2 plc

(the "Company")

 

Grant of Options under the Company's Sharesave Schemes

 

 

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"),
the board approved the grant of options to subscribe for 1,481,655 ordinary
shares of 1.25 pence each in the Company ("Options") on 5 September 2024.

 

The Options have an exercise price, calculated in accordance with the rules of
the Schemes, of £10.78 per share.  Subject to the rules of the Schemes,
participants will be able to exercise their Options within six months
commencing from 1 October 2027 subject to the participant's continued
employment.

 

The Company continues to operate all of its share plans within the 10% in 10
years share plans dilution limit.

 

For further information please contact:

 

 Jet2 plc                                     0113 239 7692

 Gary Brown, Group Chief Financial Officer

 Ian Day, Group Company Secretary

 Cavendish Capital Markets Limited            020 7220 0500

 Nominated Adviser

 Katy Birkin / Camilla Hume / George Lawson

 

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