Jet2 PLC Grant of Options under Sharesave Schemes
September 10 2024 - 8:45AM
RNS Regulatory News
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
Gary Brown, Group Chief Financial
Officer
Ian Day, Group Company Secretary
|
0113 239 7692
|
|
Cavendish
Capital Markets Limited
Nominated
Adviser
Katy Birkin / Camilla Hume / George
Lawson
|
020 7220 0500
|
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END
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