Director/PDMR Shareholding

RNS Number : 7174N

International Cons Airlines Group

10 May 2018

 

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 2017 annual incentive); and

·      The award of nil-cost options under the Company's Performance Share Plan for 2018.

These share plans are more fully described in the Company's 2017 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 ·      Lynne Embleton ·      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 Avios Alex Cruz Chairman and CEO British Airways Ignacio de Torres Director of Global Services Lynne Embleton Chief Executive IAG Cargo Luis Gallego Chairman and CEO Iberia Steve Gunning Chief Financial Officer British Airways Chris Haynes General Counsel Stephen Kavanagh Chief Executive Officer Aer Lingus Javier Sanchez Prieto Chairman and CEO 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 6.91 114,297 6.91 246,020 Enrique Dupuy 6.91 52,939 6.91 118,741 Robert Boyle 6.91 37,808 6.91 82,489 Andrew Crawley 6.91 29,991 6.91 66,339 Alex Cruz 6.91 59,036 6.91 132,417 Ignacio de Torres 6.91 35,903 6.91 77,279 Lynne Embleton 6.91 31,234 6.91 66,339 Luis Gallego 6.91 59,850 6.91 128,826 Steve Gunning 6.91 37,603 6.91 77,800 Chris Haynes 6.91 29,965 6.91 61,997 Stephen Kavanagh 6.91 50,322 6.91 106,878 Javier Sanchez Prieto 6.91 51,658 6.91 106,878 Julia Simpson 6.91 22,453 6.91 50,362
d)	Aggregated information - Aggregated volume - Price		N/A
e)	Date of the transaction		10 May 2018
f)	Place of the transaction		Outside a trading venue

 

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