Director/PDMR Shareholding

RNS Number : 4891S

International Cons Airlines Group

09 March 2023

 

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 / social security liabilities) following the vesting of awards granted in March 2020.

·     These awards reflect the deferred element of the annual incentive award for 2019 under the IAG Incentive Award Deferral Plan. Awards represent 50% of the total annual incentive outturn for the individual, deferred for three years.

This share plan is more fully described in the Company's 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 ·     Fernando Candela ·     Adam Daniels ·     Sean Doyle ·     Lynne Embleton ·     John Gibbs ·     Julio Rodriguez ·     Javier Sanchez-Prieto ·     Marco Sansavini
2	Reason for the notification
a)	Position/status	Persons Discharging Managerial Responsibilities (PDMRs) Name               Position Luis Gallego Executive Director (Chief Executive) Fernando Candela Chief Transformation Officer Adam Daniels Chairman and CEO IAG Loyalty Sean Doyle Chairman and CEO British Airways Lynne Embleton Chairman and CEO Aer Lingus John Gibbs Chief Information Officer Julio Rodriguez Interim Strategy Director Javier Sanchez-Prieto Chairman and CEO Iberia Marco Sansavini Chairman and CEO Vueling
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 deferred awards granted in March 2020 as part of the 2019 annual incentive plan outturn
c)	Price(s) and volume(s)	IADP Price(s) £ Volume(s) Luis Gallego 1.5492 46,031 Fernando Candela 1.5492 11,270 Adam Daniels 1.5492 19,168 Sean Doyle 1.5492 34,143 Lynne Embleton 1.5492 22,457 John Gibbs 1.5492 6,624 Julio Rodriguez 1.5492 8,469 Javier Sanchez-Prieto 1.5492 33,510 Marco Sansavini 1.5492 15,799
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	6 March 2023
f)	Place of the transaction	Outside a trading venue

 

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