Director/PDMR Shareholding

RNS Number : 4888S

International Cons Airlines Group

11 March 2019

 

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 2018 annual incentive); and

·      The award of nil-cost options under the Company's Performance Share Plan for 2019.

These share plans are more fully described in the Company's 2018 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 ·      Enrique Dupuy De Lôme ·      Robert Boyle ·      Andrew Crawley ·      Alex Cruz ·      Sean Doyle ·      Lynne Embleton ·      Luis Gallego ·      Steve Gunning ·      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 Enrique Dupuy De Lôme Executive Director Robert Boyle Director of Strategy Andrew Crawley Chief Executive Officer Avios Alex Cruz Chairman and CEO British Airways Sean Doyle Chief Executive Officer Aer Lingus Lynne Embleton Chief Executive IAG Cargo Luis Gallego Chairman and CEO Iberia Steve Gunning Chief Financial Officer British Airways 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 5.67 92,720 5.67 299,824 Enrique Dupuy De Lôme 5.67 43,912 5.67 147,354 Robert Boyle 5.67 32,949 5.67 102,011 Andrew Crawley 5.67 24,984 5.67 82,116 Alex Cruz 5.67 49,904 5.67 164,021 Sean Doyle 5.67 17,813 5.67 132,821 Lynne Embleton 5.67 26,660 5.67 82,540 Luis Gallego 5.67 49,454 5.67 162,543 Steve Gunning 5.67 32,813 5.67 101,587 Chris Haynes 5.67 24,951 5.67 77,249 Javier Sanchez-Prieto 5.67 37,920 5.67 132,821 Julia Simpson 5.67 18,277 5.67 62,646
d)	Aggregated information - Aggregated volume - Price		N/A
e)	Date of the transaction		08 March 2019
f)	Place of the transaction		Outside a trading venue

 

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