Director/PDMR Shareholding

International Cons Airlines Group
04 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. ("IAG" or 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 and national insurance liabilities) following the vesting of the third tranche of the awards made in May 2022 under the IAG Executive Share Plan (ESP) to Nicholas Cadbury.  This is part of the buy-out awards made to compensate for loss of bonus and long term share awards at Nicholas' previous employer, on a fair and equivalent basis to those forfeited.

 

Further information in relation to IAG share plans is in the Company's 2022 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.

 

This announcement is made in accordance with Article 19 of the MAR.

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

 

Name

 

Nicholas Cadbury

2

Reason for the notification

 

a)

 

 

Position/status

 

Chief Financial 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

The acquisition of shares (after the automatic settlement of income tax and national insurance liabilities) following the vesting of awards granted on 24 May 2022

 

c)

 

Price(s) and volume(s)

 

 

 

Price

Volume

£1.4725

155,664

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

e)

Date of the transaction

29 February 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. ("IAG" or 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 and national insurance liabilities) following the vesting of the first tranche of the awards made in December 2022 under the IAG Executive Share Plan (ESP) to Sarah Clements.  This is part of the buy-out awards made to compensate for loss of bonus and long term share awards at Sarah's previous employer, on a fair and equivalent basis to those forfeited.

 

Further information in relation to IAG share plans is in the Company's 2022 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.

 

This announcement is made in accordance with Article 19 of the MAR.

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

 

Name

 

Sarah Clements

2

Reason for the notification

 

a)

 

 

Position/status

 

General Counsel

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

The acquisition of shares (after the automatic settlement of income tax and national insurance liabilities) following the vesting of awards granted on 6 December 2022

 

c)

 

Price(s) and volume(s)

 

 

 

Price

Volume

£1.4725

19,721

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

e)

Date of the transaction

29 February 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

 

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

 

 

Carolina Martinoli

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Persons Discharging Managerial Responsibilities (PDMR) / Chief People, Corporate Affair and Sustainability 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

 

 

The acquisition of shares (after the settlement of income tax / national insurance liabilities) following the end of the two-year holding period of the nil-cost options granted in March 2019 under the Company's Performance Share Plan.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1.5000

14,226

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Not applicable

e)

 

Date of the transaction

 

 

1 March 2024

f)

 

Place of the transaction

 

 

London

 

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

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

 

 

Julio Rodriguez

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Persons Discharging Managerial Responsibilities (PDMR) / Chief Commercial Strategy 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

 

 

The acquisition of shares (after the settlement of income tax / national insurance liabilities) following the end of the two-year holding period of the nil-cost options granted in March 2019 and the nil cost options granted in May 2018 under the Company's Performance Share Plan.

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1.4705

20,263

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Not applicable

e)

 

Date of the transaction

 

 

1 March 2024

f)

 

Place of the transaction

 

 

London

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings