JET2.L

Jet2 Plc
Jet2 PLC - Grant of Options under Sharesave Schemes
10th September 2024, 12:45
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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

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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