Director/PDMR Shareholding

RNS Number : 7813Y

International Cons Airlines Group

07 March 2017

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

International Consolidated Airlines Group, S.A. (the "Company") hereby notifies the market of the following transactions of which it has been notified under article 19.1 of the EU Market Abuse Regulation ('MAR'), relating to:

·      The award of deferred shares (in the form of conditional awards) under the Company's Incentive Award Deferral Plan (following the outcome of the 2016 annual incentive); and

·      The award of nil-cost options under the Company's Performance Share Plan for 2017.

These share plans are more fully described in the Company's 2016 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.

This announcement is made in accordance with Article 19.3 of MAR.

IAG Shareholder Services

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	·      William Walsh ·      Enrique Dupuy ·      Robert Boyle ·      Andrew Crawley ·      Alex Cruz ·      Ignacio de Torres ·      Luis Gallego ·      Steve Gunning ·      Chris Haynes ·      Stephen Kavanagh ·      Javier Sanchez Prieto ·      Julia Simpson
2	Reason for the notification
a)	Position/status	Persons Discharging Managerial Responsibilities (PDMRs) Name Position William Walsh Executive Director Enrique Dupuy Executive Director Robert Boyle Director of Strategy Andrew Crawley Chief Executive Officer of IAG Cargo Alex Cruz Chairman and CEO of British Airways Ignacio de Torres Director of Global Services Luis Gallego Chairman and CEO of Iberia Steve Gunning Chief Financial Officer of British Airways Chris Haynes General Counsel Stephen Kavanagh Chief Executive Officer of Aer Lingus Javier Sanchez Prieto Chairman and CEO of Vueling Julia Simpson Chief of Staff
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	International Consolidated Airlines Group S.A.
b)	LEI	959800TZHQRUSH1ESL13

4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 0.50 euro each ES0177542018
b)	Nature of the transaction	Award of conditional shares under the Incentive Award Deferral Plan (IADP) and nil-cost options under the Performance Share Plan (PSP), for nil consideration.
c)	Price(s) and volume(s)	IADP PSP Price(s) Volume(s) Price(s) Volume(s) William Walsh £5.46 51,893 £5.46 311,355 Enrique Dupuy £5.46 22,080 £5.46 147,198 Robert Boyle £5.46 17,150 £5.46 102,901 Andrew Crawley £5.46 10,302 £5.46 82,418 Alex Cruz £5.46 0 £5.46 164,835 Ignacio de Torres £5.46 8,033 £5.46 96,396 Luis Gallego £5.46 26,746 £5.46 160,476 Steve Gunning £5.46 16,117 £5.46 96,703 Chris Haynes £5.46 12,821 £5.46 76,923 Stephen Kavanagh £5.46 21,719 £5.46 130,314 Javier Sanchez Prieto £5.46 15,203 £5.46 130,314 Julia Simpson £5.46 7,459 £5.46 59,670
d)	Aggregated information - Aggregated volume - Price		N/A
e)	Date of the transaction		6 March 2017
f)	Place of the transaction		Outside a trading venue

 

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