Director/PDMR Shareholding

RNS Number : 8404R

International Cons Airlines Group

10 March 2021

 

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 May 2018 under the Company's Incentive Award Deferral Plan.

This share plan is more fully described in the Company's 2020 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	· Luis Gallego · Adam Daniels · Fernando Candela · Sean Doyle · Lynne Embleton · Steve Gunning · Chris Haynes · Javier Sanchez-Prieto · Marco Sansavini · Julia Simpson
2	Reason for the notification
a)	Position/status	Persons Discharging Managerial Responsibilities (PDMRs) Name   Position Luis Gallego Executive Director Adam Daniels Chairman and CEO IAG Loyalty Fernando Candela Sean Doyle Lynne Embleton Chief Transformation Officer CEO British Airways Chairman and CEO IAG Cargo Steve Gunning Chief Financial Officer Chris Haynes General Counsel Javier Sanchez-Prieto Chairman and CEO Iberia Marco Sansavini Julia Simpson Chairman and CEO Vueling 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 0.10 euro each ES0177542018
b)	Nature of the transaction	Acquisition of shares following the vesting of conditional awards granted in May 2018 under the Incentive Award Deferral Plan (IADP)
c)	Price(s) and volume(s)	IADP Price(s) £ Volume(s) Luis Gallego 2.10 79,760 Adam Daniels 2.10 8,868 Lynne Embleton 2.10 30,995 Fernando Candela 2.10 17,935 Sean Doyle 2.10 8,031 Steve Gunning 2.10 37,780 Chris Haynes 2.10 30,105 Javier Sanchez-Prieto 2.10 48,063 Marco Sansavini 2.10 20,459 Julia Simpson 2.10 22,559
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	8 March 2021
f)	Place of the transaction	Outside a trading venue

 

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