REG - Intl Con Airline Grp - Director/PDMR Shareholding

International Consolidated Airlines SAAnnouncement

24/09/2020 12:30

RNS Number : 0392A
  
International Cons Airlines Group
  
24 September 2020
  
 

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 transactions of which it has been notified under article 19.1 of the EU Market Abuse Regulation ('MAR'), relating to the capital increase with pre-emptive subscription rights to raise gross proceeds of €2,741 million through the issuance of 2,979,443,376 new shares in IAG (the "New Shares") with a subscription price of  €0.92 for each New Share (the "Capital Increase"), as approved by IAG shareholders on 8 September 2020.
 
The Capital Increase pre-emptive subscription period is 12 - 26 September 2020. Each Director who is a shareholder and who is able to participate in the Capital Increase has irrevocably undertaken to exercise in full or in part his or her subscription rights to subscribe for New Shares.
 
The following is confirmation of the transactions relating to the subscription rights by each Director and the members of the IAG Management Committee. A further disclosure will be made in due course in relation to the number of New Shares received by each one.
 
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 
 
 


·      Antonio Vazquez
·      Giles Agutter
·      Michael Ewing
·      Javier Ferran
·      Maria Fernanda Mejia
·      Panagiotis Tsourapas 
·      Nicola Shaw
·      Alberto Terol
·      Luis Gallego
·      Steve Gunning
·      Joanne Gunning
·      Alex Cruz 
·      Henry Daniels
·      Helen Daniels
·      Sean Doyle
·      Lynne Embleton
·      Alistair Hartley
·      Chris Haynes
·      Javier Sanchez-Prieto
·      Marco Sansavini
·      Julia Simpson
 




2 
 


Reason for the notification 




a) 
 


Position/status 
 
 


Persons Discharging Managerial Responsibilities (PDMRs)/Person Closely Associated (PCA)



 
Name


 
Position


 




Antonio Vazquez
Giles Agutter
Michael Ewing
Javier Ferran
Maria Fernanda Mejia
Panagiotis Tsourapas 
Nicola Shaw
Alberto Terol
Luis Gallego


Chairman
Proprietary Director
PCA to Margaret Ewing, Non-Executive Director
Non-Executive Director
Non-Executive Director
PCA to Maria Fernanda Mejia, Non-Executive Director
Non-Executive Director
Non-Executive Director
Executive Director




Steve Gunning
Joanne Gunning


Executive Director
PCA to Steve Gunning, Executive Director




Alex Cruz


Chairman and CEO British Airways




Henry Daniels
Helen Daniels
Sean Doyle


Chairman and CEO IAG Loyalty
PCA to Adam Daniels, Chairman and CEO IAG Loyalty
Chairman and CEO Aer Lingus




Lynne Embleton


Chairman and CEO IAG Cargo




Alistair Hartley


Director of Strategy




Chris Haynes


General Counsel




Javier Sanchez-Prieto
Marco Sansavini


Chairman and CEO Iberia
Chairman and CEO Vueling




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 
 


 
Subscription rights issued pursuant to the Capital Increase of the issuer
 
ES0677542906




b) 
 


Nature of the transaction 
 
 


Exercise and/or sale of subscription rights (as applicable)




c) 
 


Price(s) and volume(s) 
 
 









Exercise ('take up') of subscription rights


Sale of subscription rights


Date of transaction


Place of
 transaction








 
Price(s)
€
 


Volume(s)
 


Price(s)
€/£


 
Volume(s)
 












Antonio Vazquez


€0.92


596,290










22 September 2020


N/a




Giles Agutter


€0.92


250










18 September 2020


N/a




Michael Ewing


€0.92


7,500










17 September 2020


N/a




Javier Ferran


€0.92


309,900










17 September 2020


N/a




Maria Fernanda Mejia


€0.92


24,000










21 September 2020


N/a




Panagiotis Tsourapas 
 


€0.92


25,000










15 September 2020


N/a




Nicola Shaw


€0.92


1,714










18 September 2020


N/a




Alberto Terol


€0.92


26,537










22 September 2020


N/a




Luis Gallego
 


€0.92


88,642


€0.475


257,308


18 September 2020


London




Luis Gallego


€0.92


108,349










21 September 2020


N/a




Steve Gunning
 


€0.92


118,412


£0.163


85,270


21 September 2020


London




Steve Gunning










£0.172


11,200


21 September 2020


London




Steve Gunning










£0.157


1,445


21 September 2020


London




Steve Gunning


€0.92


6,693










22 September 2020


N/a




Steve Gunning










£0.130


8,726


22 September 2020


London




Joanne Gunning
 


€0.92


5,089










22 September 2020


N/a




Alex Cruz
 


€0.92


24,392


€0.475


70,810


18 September 2020


London




Henry Daniels


€0.92


5,268


€0.475


15,294


18 September 2020


London




Helen Daniels










€0.475


18,485


18 September 2020


London




Sean Doyle
 


€0.92


12,774


€0.475


37,081


18 September 2020


London




Lynne Embleton
 


€0.92


34,726


€0.475


100,805


18 September 2020


London




Alistair Hartley


€0.92


958


€0.475


2,784


18 September 2020


London




Chris Haynes
 


€0.92


57,348


€0.475


166,468


18 September 2020


London




Javier Sanchez-Prieto


€0.92


42,052


€0.475


122,070


18 September 2020


London




Javier Sanchez-Prieto
 


€0.92


50,000


€0.214


20,000


23 September 2020


London




Marco Sansavini


€0.92


18,735










17 September 2020


N/a




Julia Simpson
 


€0.92


50,174


€0.475


145,643


18 September 2020


London



 


 




d) 
 


Aggregated information 
 
- Aggregated volume 
- Price 
 


 
 
Not applicable




e) 
 


Date of the transaction 
 


As above




f) 
 


Place of the transaction 


As above











 

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