Director/PDMR Shareholding

RNS Number : 4891S
International Cons Airlines Group
09 March 2023
 

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 acquisition of shares (after the automatic settlement of income tax / social security liabilities) following the vesting of awards granted in March 2020.

·     These awards reflect the deferred element of the annual incentive award for 2019 under the IAG Incentive Award Deferral Plan. Awards represent 50% of the total annual incentive outturn for the individual, deferred for three years.

 

This share plan is more fully described in the Company's Directors' Remuneration Report, which can be accessed online at www.iairgroup.com .

 

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

 

 

·     Luis Gallego

·     Fernando Candela

·     Adam Daniels

·     Sean Doyle

·     Lynne Embleton

·     John Gibbs

·     Julio Rodriguez

·     Javier Sanchez-Prieto

·     Marco Sansavini

 

2

Reason for the notification

 

a)

 

 

Position/status

 

 

 

Persons Discharging Managerial Responsibilities (PDMRs)

 

Name

              Position

 

Luis Gallego

Executive Director (Chief Executive)

 

Fernando Candela

Chief Transformation Officer

 

Adam Daniels

Chairman and CEO IAG Loyalty

 

Sean Doyle

Chairman and CEO British Airways

 

Lynne Embleton

Chairman and CEO Aer Lingus

 

John Gibbs

Chief Information Officer

 

Julio Rodriguez

Interim Strategy Director

Javier Sanchez-Prieto

Chairman and CEO Iberia

Marco Sansavini

 

Chairman and CEO Vueling

 

 



 

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

Acquisition of shares following the vesting of deferred awards granted in March 2020 as part of the 2019 annual incentive plan outturn

 

c)

 

 

Price(s) and volume(s)

 

 

 


IADP


Price(s)

£

Volume(s)

 

Luis Gallego

1.5492

46,031

Fernando Candela

1.5492

11,270

Adam Daniels

1.5492

19,168

Sean Doyle

1.5492

34,143

Lynne Embleton

1.5492

22,457

John Gibbs

1.5492

6,624

Julio Rodriguez

1.5492

8,469

Javier Sanchez-Prieto

1.5492

33,510

Marco Sansavini

1.5492

15,799

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

e)

Date of the transaction

6 March 2023

f)

Place of the transaction

Outside a trading venue

 

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END
 
 
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