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

International Consolidated Airlines SAAnnouncement

28/03/2017 16:50

RNS Number : 8018A
International Cons Airlines Group
28 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 
 Andrew Crawley
 Javier Sanchez Prieto
2 
Reason for the notification 
a) 
Position/status 
Persons Discharging Managerial Responsibilities (PDMRs)
Name
Position
Andrew Crawley
Chief Executive IAG Cargo
Javier Sanchez Prieto
Chief Executive Vueling


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)
Andrew Crawley
5.335
19,706
5.335
20,922
Javier Sanchez Prieto
5.335
0
5.335
17,583
d) 
Aggregated information 
- Aggregated volume 
- Price 
Not applicable
e) 
Date of the transaction 
27 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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