Director/PDMR Shareholding

RNS Number : 4841F

International Cons Airlines Group

09 March 2020

 

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 acquisition of shares (after the automatic settlement of income tax / national insurance liabilities) following the vesting of awards granted in March 2017 under the Company's Incentive Award Deferral Plan.

This share plan is more fully described in the Company's 2019 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com .

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

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	· William Walsh · Steve Gunning · Andrew Crawley · Adam Daniels · Lynne Embleton · Luis Gallego · Alistair Hartley · Chris Haynes · Javier Sanchez-Prieto · Julia Simpson
2	Reason for the notification
a)	Position/status	Persons Discharging Managerial Responsibilities (PDMRs) Name   Position William Walsh Executive Director Steve Gunning Andrew Crawley Adam Daniels Executive Director Chairman and CEO IAG Loyalty Chairman and CEO IAG Loyalty Lynne Embleton Chairman and CEO IAG Cargo Luis Gallego Chairman and CEO Iberia Alistair Hartley Director of Strategy Chris Haynes General Counsel 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	Acquisition of shares following the vesting of conditional awards granted in March 2017 under the Incentive Award Deferral Plan (IADP)
c)	Price(s) and volume(s)	IADP Price(s) £ Volume(s) William Walsh 4.316 34,152 Steve Gunning 4.316 10,606 Andrew Crawley 4.316 6,779 Adam Daniels 4.316 1,246 Lynne Embleton 4.316 1,470 Luis Gallego 4.316 18,472 Alistair Hartley 4.316 3,742 Chris Haynes 4.316 8,437 Javier Sanchez-Prieto 4.316 10,573 Julia Simpson 4.316 4,908
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	6 March 2020
f)	Place of the transaction	Outside a trading venue

 

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