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Jet2 PLC - Leeds-based low-cost airline - Says Chair Philip Meeson sold 2 million shares at about £9.03 each, totalling £18.1 million, on Thursday.
In addition, The Philip Meeson 2019 Settlement, sold 500,000 shares at £9.03 each, totalling £4.5 million. The Philip Meeson 2019 Settlement is a UK resident settlement of which Meeson is a trustee, but not a beneficiary, Jet2 says.
Following the transactions, Meeson holds a 19.24% stake in the firm and the The Philip Meeson 2019 Settlement holds a 2.10% stake.
Separately, Jet2 says that Director Mark Laurence bought 1.2 million senior unsecured unrated convertible bonds due 2026 on Thursday, at 85 pence each, for a total of £1.0 million.
Current stock price: 965.60 pence, up 5.2% on Friday in London
12-month change: down 14%
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