Director/PDMR Shareholding

RNS Number : 2833T
International Cons Airlines Group
16 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 the Market Abuse Regulation ('MAR'), relating to:

 

The award of shares granted under the IAG Executive Share Plan (Restricted Share Plan), vesting in 2026.This Plan is a core element of overall senior leader remuneration, focused on long term shareholder value creation.

This share plan is more fully described in the Company's 2022 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com .

 

This announcement is made in accordance with MAR.

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

 

Name

 

 

· Luis Gallego

· Nicholas Cadbury

· Fernando Candela

· Sarah Clements

· Adam Daniels

· Sean Doyle

· Lynne Embleton

· Carolina Martinoli

· 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)

Nicholas Cadbury

Chief Financial Officer

Fernando Candela

Chief Transformation Officer

Sarah Clements

General Counsel

Adam Daniels

Sean Doyle

Lynne Embleton

Chairman and CEO IAG Loyalty

Chairman and CEO British Airways

Chairman and CEO Aer Lingus

Carolina Martinoli

Chief People, Corporate Affairs and Sustainability 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

Award of shares granted under the IAG Restricted Share Plan, vesting in 2026, subject to the terms and conditions of the Plan.

 

 

 

c)

 

Price(s) and volume(s)

 

 


Price

RSP

£

Volume

Luis Gallego

nil

835,751

Nicholas Cadbury

nil

652,293

Fernando Candela

nil

244,610

Sarah Clements

Nil

223,442

Adam Daniels

nil

251,666

Sean Doyle

nil

493,042

Lynne Embleton

nil

400,442

Carolina Martinoli

nil

251,666

Julio Rodriguez

nil

120,443

Javier Sanchez-Prieto

nil

481,203

Marco Sansavini

nil

393,064

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

 

e)

Date of the transaction

13 March 2023

 

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. (the 'Company') hereby notifies the market of the following transactions of which it has been notified under the 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 2022 annual incentive).

 

This share plan is more fully described in the Company's 2022 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com .

 

This announcement is made in accordance with MAR.

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

 

Name

 

 

· Luis Gallego

· Sean Doyle

 

2

Reason for the notification

 

a)

 

 

Position/status

 

 

 

Persons Discharging Managerial Responsibilities (PDMRs)

 

Name

  Position

Luis Gallego

Executive Director (Chief Executive)

Sean Doyle

Chairman and CEO British Airways

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

Award of conditional shares under the Incentive Award Deferral Plan (IADP)

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price

£

IADP

Volume

Luis Gallego

nil

447,431

Sean Doyle

nil

410,868

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

e)

Date of the transaction

13 March 2023

f)

Place of the transaction

Outside a trading venue

 

 

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END
 
 
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