Director/PDMR Shareholding

RNS Number : 7813Y
International Cons Airlines Group
07 March 2017
 

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 2016 annual incentive); and

 

·      The award of nil-cost options under the Company's Performance Share Plan for 2017.

These share plans are more fully described in the Company's 2016 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

·      Robert Boyle

·      Andrew Crawley

·      Alex Cruz

·      Ignacio de Torres

·      Luis Gallego

·      Steve Gunning

·      Chris Haynes

·      Stephen Kavanagh

·      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

Executive Director

Robert Boyle

Director of Strategy

Andrew Crawley

Chief Executive Officer of IAG Cargo

Alex Cruz

Chairman and CEO of British Airways

Ignacio de Torres

Director of Global Services

Luis Gallego

Chairman and CEO of Iberia

Steve Gunning

Chief Financial Officer of British Airways

Chris Haynes

General Counsel

Stephen Kavanagh

Chief Executive Officer of Aer Lingus

Javier Sanchez Prieto

Chairman and CEO of 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

£5.46

 

51,893

£5.46

311,355

Enrique Dupuy

£5.46

22,080

£5.46

147,198

Robert Boyle

£5.46

17,150

£5.46

102,901

Andrew Crawley

£5.46

10,302

£5.46

82,418

Alex Cruz

£5.46

0

£5.46

164,835

Ignacio de Torres

£5.46

8,033

£5.46

96,396

Luis Gallego

£5.46

26,746

£5.46

160,476

Steve Gunning

£5.46

16,117

£5.46

96,703

Chris Haynes

£5.46

12,821

£5.46

76,923

Stephen Kavanagh

£5.46

21,719

£5.46

130,314

Javier Sanchez Prieto

£5.46

15,203

£5.46

130,314

Julia Simpson

£5.46

7,459

£5.46

59,670

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

N/A

e)

 

Date of the transaction

 

6 March 2017

f)

 

Place of the transaction

Outside a trading venue

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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