REG - Intl Con Airline Grp - Director/PDMR Shareholding <Origin Href="QuoteRef">ICAG.L</Origin>

International Consolidated Airlines SAAnnouncement

07/03/2017 15:50

RNS Number : 7812Y
International Cons Airlines Group
07 March 2017
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 article 19.1 of the EU Market Abuse Regulation ('MAR'), relating to:
 The acquisition of shares (after the automatic settlement of income tax / national insurance liabilities) following the vesting of awards granted in March 2014 under the Company's Incentive Award Deferral Plan; and
 The acquisition of shares (after the automatic settlement of income tax / national insurance liabilities) following the vesting of awards granted in March 2014 under the Company's Performance Share Plan. 50 per cent of the award was subject to the achievement of the Company's Earnings Per Share (EPS) targets and 50 per cent was subject to a Total Shareholder Return (TSR) performance condition measured against the MSCI European Transportation index. The outcome of these performance conditions was that 50 per cent of the award has vested with the remaining shares lapsing.
These share plans are more fully described in Ithe Company's 2016 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.
This announcement is made in accordance with Article 19.3 of MAR.
IAG Shareholder Services
1 
Details of the person discharging managerial responsibilities / person closely associated 
a) 
Name 
 William Walsh
 Enrique Dupuy
 Robert Boyle
 Alex Cruz
 Ignacio de Torres
 Luis Gallego
 Steve Gunning
 Chris Haynes
 Julia Simpson
2 
Reason for the notification 
a) 
Position/status 
Persons Discharging Managerial Responsibilities (PDMRs)
Name
Position
William Walsh
Executive Director
Enrique Dupuy
Executive Director
Robert Boyle
Director of Strategy
Alex Cruz
Chairman and CEO of British Airways
Ignacio de Torres
Director of Global Services
Luis Gallego
Chairman and CEO of Iberia
Steve Gunning
Chief Financial Officer of British Airways
Chris Haynes
General Counsel
Julia Simpson
Chief of Staff
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 0.50 euro each
ES0177542018
b) 
Nature of the transaction 
Acquisition of shares following the vesting of conditional awards granted in March 2014 under the Incentive Award Deferral Plan (IADP) and the Performance Share Plan (PSP).
c) 
Price(s) and volume(s) 

IADP
PSP

Price(s)
Volume(s)
Price(s)
Volume(s)
William Walsh
5.485
83,027
5.485
105,431
Enrique Dupuy
5.485
28,273
5.485
38,338
Robert Boyle
5.485
24,598
5.485
33,354
Alex Cruz
5.485
9,424
5.485
38,338
Ignacio de Torres
5.485
21,066
5.485
32,204
Luis Gallego
5.485
0
5.485
52,137
Steve Gunning
5.485
13,786
5.485
23,768
Chris Haynes
5.485
13,593
5.485
17,635
Julia Simpson
5.485
14,306
5.485
19,398
d) 
Aggregated information 
- Aggregated volume 
- Price 
Not applicable
e) 
Date of the transaction 
6 March 2017
f) 
Place of the transaction 
Outside a trading venue

This information is provided by RNS
The company news service from the London Stock Exchange
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