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IAG International Consolidated Airlines SA News Story

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RNS Number : 4534Z  International Cons Airlines Group  05 March 2025

 

 

 

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
second 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 2024
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)                                        £3.387   39,729

 d)   Aggregated information

      - Aggregated volume

      - Price                                                       Not applicable
 e)   Date of the transaction                                       28 February 2025
 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
 £3.387   39,729

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

e)

Date of the transaction

28 February 2025

f)

Place of the transaction

Outside a trading venue

 

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