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IAG International Consolidated Airlines SA News Story

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RNS Number : 5346F  International Cons Airlines Group  04 March 2024

 

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 

International Consolidated Airlines Group, S.A. ("IAG" or 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 and national insurance liabilities) following the vesting of the
third tranche of the awards made in May 2022 under the IAG Executive Share
Plan (ESP) to Nicholas Cadbury.  This is part of the buy-out awards made to
compensate for loss of bonus and long term share awards at Nicholas' previous
employer, on a fair and equivalent basis to those forfeited.

 

Further information in relation to IAG share plans is in the Company's 2022
Directors' Remuneration Report, which can be accessed online at
www.iairgroup.com (http://www.iairgroup.com) .

 

This announcement is made in accordance with Article 19 of the MAR.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
                                                                    Nicholas Cadbury

 a)   Name

 2    Reason for the notification

 a)   Position/status                                               Chief Financial 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                                     The acquisition of shares (after the automatic settlement of income tax and
                                                                    national insurance liabilities) following the vesting of awards granted on 24
                                                                    May 2022

Price     Volume
 c)   Price(s) and volume(s)                                        £1.4725   155,664

 d)   Aggregated information

      - Aggregated volume

      - Price                                                       Not applicable
 e)   Date of the transaction                                       29 February 2024
 f)   Place of the transaction                                      Outside a trading venue

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

The acquisition of shares (after the automatic settlement of income tax and
national insurance liabilities) following the vesting of awards granted on 24
May 2022

 

c)

 

Price(s) and volume(s)

 

 

 

 Price     Volume
 £1.4725   155,664

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

e)

Date of the transaction

29 February 2024

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. ("IAG" or 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 and national insurance liabilities) following the vesting of the
first tranche of the awards made in December 2022 under the IAG Executive
Share Plan (ESP) to Sarah Clements.  This is part of the buy-out awards made
to compensate for loss of bonus and long term share awards at Sarah's previous
employer, on a fair and equivalent basis to those forfeited.

 

Further information in relation to IAG share plans is in the Company's 2022
Directors' Remuneration Report, which can be accessed online at
www.iairgroup.com (http://www.iairgroup.com) .

 

This announcement is made in accordance with Article 19 of the MAR.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
                                                                    Sarah Clements

 a)   Name

 2    Reason for the notification

 a)   Position/status                                               General Counsel

 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                                     The acquisition of shares (after the automatic settlement of income tax and
                                                                    national insurance liabilities) following the vesting of awards granted on 6
                                                                    December 2022

Price     Volume
 c)   Price(s) and volume(s)                                        £1.4725   19,721

 d)   Aggregated information

      - Aggregated volume

      - Price                                                       Not applicable
 e)   Date of the transaction                                       29 February 2024
 f)   Place of the transaction                                      Outside a trading venue

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

The acquisition of shares (after the automatic settlement of income tax and
national insurance liabilities) following the vesting of awards granted on 6
December 2022

 

c)

 

Price(s) and volume(s)

 

 

 

 Price     Volume
 £1.4725   19,721

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

e)

Date of the transaction

29 February 2024

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

 

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                                                         Carolina Martinoli

 2    Reason for the notification

 a)   Position/status                                              Persons Discharging Managerial Responsibilities (PDMR) / Chief People,

                                                            Corporate Affair and Sustainability 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                                    The acquisition of shares (after the settlement of income tax / national

                                                            insurance liabilities) following the end of the two-year holding period of the
                                                                   nil-cost options granted in March 2019 under the Company's Performance Share

                                                            Plan.

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   1.5000    14,226
 d)   Aggregated information

      - Aggregated volume

                                                                   Not applicable

      - Price

 e)   Date of the transaction                                      1 March 2024

 f)   Place of the transaction                                     London

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

 

 

The acquisition of shares (after the settlement of income tax / national
insurance liabilities) following the end of the two-year holding period of the
nil-cost options granted in March 2019 under the Company's Performance Share
Plan.

 

c)

 

Price(s) and volume(s)

 

 

 

 Price(s)  Volume(s)

 1.5000    14,226

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Not applicable

e)

 

Date of the transaction

 

 

1 March 2024

f)

 

Place of the transaction

 

 

London

 

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

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                                                         Julio Rodriguez

 2    Reason for the notification

 a)   Position/status                                              Persons Discharging Managerial Responsibilities (PDMR) / 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                                    The acquisition of shares (after the settlement of income tax / national

                                                            insurance liabilities) following the end of the two-year holding period of the
                                                                   nil-cost options granted in March 2019 and the nil cost options granted in May

                                                            2018 under the Company's Performance Share Plan.

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   1.4705    20,263
 d)   Aggregated information

      - Aggregated volume

                                                                   Not applicable

      - Price

 e)   Date of the transaction                                      1 March 2024

 f)   Place of the transaction                                     London

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

 

 

The acquisition of shares (after the settlement of income tax / national
insurance liabilities) following the end of the two-year holding period of the
nil-cost options granted in March 2019 and the nil cost options granted in May
2018 under the Company's Performance Share Plan.

 

c)

 

Price(s) and volume(s)

 

 

 

 Price(s)  Volume(s)

 1.4705    20,263

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Not applicable

e)

 

Date of the transaction

 

 

1 March 2024

f)

 

Place of the transaction

 

 

London

 

 

 

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