Philip Meeson, Jet2 Executive Chairman, has bagged more than £42million after selling millions of shares in Jet2.
Philip and The Philip Meeson 2019 Settlement sold a number of blocks of shares in Jet2 between 25 November and 1 December.
The Executive Chairman personally made almost £38m through the sale of his shares, while the The Philip Meeson 2019 Settlement, of which Philip is a trustee but not a beneficiary, made over £4.5m.
In an announcement to the London Stock Exchange on 1 December, the company said: “Mr Meeson does not plan further sales in the immediate future.”
The sale leaves him with 39.3m shares in Jet2, which represents just over 18% of the company’s issued share capital.
