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IAG International Consolidated Airlines SA News Story

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RNS Number : 1059H  International Cons Airlines Group  15 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. (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 2027.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 2023 Directors'
Remuneration Report, which can be accessed online at www.iairgroup.com
(http://www.iairgroup.com) .

 

This announcement is made in accordance with MAR.

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
                                                ·        Luis Gallego

 a)   Name                                      ·        Nicholas Cadbury

                                                ·        Fernando Candela

                                                ·        Sarah Clements

                                                ·        Adam Daniels

                                                ·        Sean Doyle

                                                ·        Lynne Embleton

                                                ·        Carolina Martinoli

                                                ·        Julio Rodriguez

                                                ·        Jorge Saco

                                                ·        Marco Sansavini

                                                ·        Jonathan Sullivan
 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    Chairman and CEO Iberia
                                                Sarah Clements      General Counsel
                                                Adam Daniels        Chairman and CEO IAG Loyalty

                                                Sean Doyle          Chairman and CEO British Airways

                                                Lynne Embleton      Chairman and CEO Aer Lingus
                                                Carolina Martinoli  Chief People, Corporate Affairs and Sustainability Officer
                                                Julio Rodriguez     Chief Commercial Strategy Officer
                                                Jorge Saco          Chief Information, Procurement, Services and Innovation Officer
                                                Marco Sansavini     Chairman and CEO Vueling
                                                Jonathan Sullivan   Chief Transformation and Corporate Development Officer
 b)   Initial notification /Amendment           Initial notification

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 shares granted under the IAG Restricted Share Plan, vesting in 2027,
                                                                    subject to the terms and conditions of the Plan.

                                                                    Price  RSP

                                                                       £      Volume
 c)   Price(s) and volume(s)                                        Luis Gallego        nil    874,437

                                                             Nicholas Cadbury    nil    682,487
                                                                    Fernando Candela    nil    319,287

                                                             Sarah Clements      Nil    237,807
                                                                    Adam Daniels        nil    329,144
                                                                    Sean Doyle          nil    515,864
                                                                    Lynne Embleton      nil    406,626
                                                                    Carolina Martinoli  nil    399,135
                                                                    Julio Rodriguez     nil    221,480
                                                                    Jorge Saco          nil    254,371
                                                                    Marco Sansavini     nil    488,635
                                                                    Jonathan Sullivan   nil    266,202
 d)   Aggregated information

      - Aggregated volume

      - Price                                                       Not applicable
 e)   Date of the transaction                                       13 March 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

Award of shares granted under the IAG Restricted Share Plan, vesting in 2027,
subject to the terms and conditions of the Plan.

 

 

 

c)

 

Price(s) and volume(s)

 

 

                     Price  RSP
                     £      Volume
 Luis Gallego        nil    874,437
 Nicholas Cadbury    nil    682,487
 Fernando Candela    nil    319,287
 Sarah Clements      Nil    237,807
 Adam Daniels        nil    329,144
 Sean Doyle          nil    515,864
 Lynne Embleton      nil    406,626
 Carolina Martinoli  nil    399,135
 Julio Rodriguez     nil    221,480
 Jorge Saco          nil    254,371
 Marco Sansavini     nil    488,635
 Jonathan Sullivan   nil    266,202

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

 

e)

Date of the transaction

13 March 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. (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 under the Company's Incentive Award Deferral Plan
(following the outcome of the 2023 annual incentive).

 

This share plan is more fully described in the Company's 2023 Directors'
Remuneration Report, which can be accessed online at www.iairgroup.com
(http://www.iairgroup.com) .

 

This announcement is made in accordance with MAR.

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
                                                                    Luis Gallego

 a)   Name

 2    Reason for the notification

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

Name                        Position
                                                                    Luis Gallego  Executive Director (Chief Executive)
 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)

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)

              Price  IADP
 c)   Price(s) and volume(s)

                                        £      Volume
                                 Luis Gallego  nil    464,685
 d)   Aggregated information

      - Aggregated volume

      - Price                    Not applicable
 e)   Date of the transaction    13 March 2024
 f)   Place of the transaction   Outside a trading venue

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

e)

Date of the transaction

13 March 2024

f)

Place of the transaction

Outside a trading venue

 

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