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IAG International Consolidated Airlines SA News Story

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RNS Number : 1019I  International Cons Airlines Group  02 August 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:

 

An award of shares under the IAG Executive Share Plan (ESP) as part of the
Company's Full Potential Incentive Plan (FPIP). The award is subject to a
stretch performance target in the financial year 2024, and will vest in 2025.
The award is in line with FPIP awards made to other key individuals at IAG.

 

 

This announcement is made in accordance with MAR.

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
                                                                    ·    Jorge Saco

 a)   Name                                                          ·    Julio Rodriguez

 2    Reason for the notification

 a)   Position/status                                               Persons Discharging Managerial Responsibilities (PDMRs)

·    Chief Information Officer, Procurement Services and Innovation

                                                                    ·    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

                                                                    Ordinary shares of 0.10 euro each

      Identification code

                                                                    ES0177542018
 b)   Nature of the transaction                                     Award of conditional shares granted under the ESP (Full Potential Incentive
                                                                    Plan), vesting in 2025

                 Price  Volume
 c)   Price(s) and volume(s)

                                                                              £
                                                                    Jorge Saco       nil    146,390
                                                                    Julio Rodriguez  nil    93,828
 d)   Aggregated information

      - Aggregated volume

      - Price                                                       Not applicable
 e)   Date of the transaction                                       31 July 2023
 f)   Place of the transaction                                      Outside a trading venue

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 granted under the ESP (Full Potential Incentive
Plan), vesting in 2025

 

 

c)

 

Price(s) and volume(s)

 

 

 

                  Price  Volume

                  £
 Jorge Saco       nil    146,390
 Julio Rodriguez  nil    93,828

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

 

e)

Date of the transaction

31 July 2023

 

f)

Place of the transaction

Outside a trading venue

 

 

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