Director/PDMR Shareholding

RNS Number : 2833T

International Cons Airlines Group

16 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 the Market Abuse Regulation ('MAR'), relating to:

The award of shares granted under the IAG Executive Share Plan (Restricted Share Plan), vesting in 2026.This Plan is a core element of overall senior leader remuneration, focused on long term shareholder value creation.

This share plan is more fully described in the Company's 2022 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com .

This announcement is made in accordance with MAR.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	· Luis Gallego · Nicholas Cadbury · Fernando Candela · Sarah Clements · Adam Daniels · Sean Doyle · Lynne Embleton · Carolina Martinoli · 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) Nicholas Cadbury Chief Financial Officer Fernando Candela Chief Transformation Officer Sarah Clements General Counsel Adam Daniels Sean Doyle Lynne Embleton Chairman and CEO IAG Loyalty Chairman and CEO British Airways Chairman and CEO Aer Lingus Carolina Martinoli Chief People, Corporate Affairs and Sustainability 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	Award of shares granted under the IAG Restricted Share Plan, vesting in 2026, subject to the terms and conditions of the Plan.
c)	Price(s) and volume(s)	Price RSP £ Volume Luis Gallego nil 835,751 Nicholas Cadbury nil 652,293 Fernando Candela nil 244,610 Sarah Clements Nil 223,442 Adam Daniels nil 251,666 Sean Doyle nil 493,042 Lynne Embleton nil 400,442 Carolina Martinoli nil 251,666 Julio Rodriguez nil 120,443 Javier Sanchez-Prieto nil 481,203 Marco Sansavini nil 393,064
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	13 March 2023
f)	Place of the transaction	Outside a trading venue

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 the 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 2022 annual incentive).

This share plan is more fully described in the Company's 2022 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com .

This announcement is made in accordance with MAR.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	· Luis Gallego · Sean Doyle
2	Reason for the notification
a)	Position/status	Persons Discharging Managerial Responsibilities (PDMRs) Name   Position Luis Gallego Executive Director (Chief Executive) Sean Doyle Chairman and CEO British Airways
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	Award of conditional shares under the Incentive Award Deferral Plan (IADP)
c)	Price(s) and volume(s)	Price £ IADP Volume Luis Gallego nil 447,431 Sean Doyle nil 410,868
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	13 March 2023
f)	Place of the transaction	Outside a trading venue

 

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