Director/PDMR Shareholding

International Cons Airlines Group

15 March 2024

 

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 2027.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 2023 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 ·        Jorge Saco ·        Marco Sansavini ·        Jonathan Sullivan
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 Chairman and CEO Iberia 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 Chief Commercial Strategy Officer Jorge Saco Chief Information, Procurement, Services and Innovation Officer Marco Sansavini Chairman and CEO Vueling Jonathan Sullivan Chief Transformation and Corporate Development Officer
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 2027, subject to the terms and conditions of the Plan.
c)	Price(s) and volume(s)	Price RSP £ Volume Luis Gallego nil 874,437 Nicholas Cadbury nil 682,487 Fernando Candela nil 319,287 Sarah Clements Nil 237,807 Adam Daniels nil 329,144 Sean Doyle nil 515,864 Lynne Embleton nil 406,626 Carolina Martinoli nil 399,135 Julio Rodriguez nil 221,480 Jorge Saco nil 254,371 Marco Sansavini nil 488,635 Jonathan Sullivan nil 266,202
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	13 March 2024
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 under the Company's Incentive Award Deferral Plan (following the outcome of the 2023 annual incentive).

This share plan is more fully described in the Company's 2023 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
2	Reason for the notification
a)	Position/status	Persons Discharging Managerial Responsibilities (PDMRs) Name               Position Luis Gallego Executive Director (Chief Executive)
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 464,685
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	13 March 2024
f)	Place of the transaction	Outside a trading venue

 

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