EasyJet Awards Shares to Key Executives Under SIP

easyJet plc has announced the issuance of new shares to several directors and employees under its Share Incentive Plan (SIP), approved by HMRC. The awards, worth up to £1,500 each, were allocated on 4 April 2025. The scheme aims to distribute Performance (Free) Shares to eligible employees as part of a pre-committed incentive programme.

The company reported that each participating executive received 347 ordinary shares at a price of £4.318 per share. The executives include Kenton Jarvis, Robert Birge, Sophie Dekkers, Thomas Haagensen, Rebecca Mills, David Morgan, and Garry Wilson. The shares will become fully available after three years, contingent on continued service.

This move is designed to motivate key management personnel and align their interests with those of shareholders. The transaction was conducted externally from trading venues, as per regulatory compliance.