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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