Director/PDMR Shareholding

RNS Number : 4739F

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 award of deferred shares (in the form of conditional awards) under the Company's Incentive Award Deferral Plan (following the outcome of the 2019 annual incentive); and

· The award of nil-cost options under the Company's Performance Share Plan for 2020.

These share plans are 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.

IAG Shareholder Services

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	· William Walsh · Steve Gunning · Andrew Crawley · Alex Cruz · Adam Daniels · Sean Doyle · Lynne Embleton · Luis Gallego · John Gibbs · 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 Executive Director Andrew Crawley Chairman and CEO IAG Loyalty Alex Cruz Chairman and CEO British Airways Adam Daniels Sean Doyle Chairman and CEO IAG Loyalty Chief Executive Officer Aer Lingus Lynne Embleton Chairman and CEO IAG Cargo Luis Gallego John Gibbs Alistair Hartley Chairman and CEO Iberia Chief Information Officer 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	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 4.59 96,233 n/a 0 Steve Gunning 4.59 46,177 4.59 226,852 Andrew Crawley 4.59 28,337 n/a 0 Alex Cruz n/a 4.59 206,863 Adam Daniels 4.59 24,032 4.59 95,425 Sean Doyle 4.59 43,247 4.59 158,804 Lynne Embleton 4.59 28,479 4.59 104,575 Luis Gallego 4.59 54,059 4.59 357,298 John Gibbs 4.59 8,306 4.59 91,503 Alistair Hartley 4.59 20,449 4.59 99,346 Chris Haynes 4.59 28,479 4.59 104,575 Javier Sanchez-Prieto 4.59 44,154 4.59 198,505 Julia Simpson 4.59 19,657 4.59 79,477
d)	Aggregated information - Aggregated volume - Price		N/A
e)	Date of the transaction		06 March 2020
f)	Place of the transaction		Outside a trading venue

 

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