REG - Intl Con Airline Grp - Director/PDMR Shareholding
07/03/2022 12:45
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RNS Number : 8674D International Cons Airlines Group 07 March 2022
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 settlement of income tax /
national insurance liabilities) following the end of the two-year holding
period of the nil-cost options granted in March 2017 under the Company's
Performance Share Plan.
One-third of the award was subject to Total Shareholder Return (TSR)
performance condition measured against an index, one-third was subject to
Earnings Per Share (EPS) and the final third was subject to Return on Invested
Capital (RoiC). The outcome of these performance conditions was that 46.19
per cent of the award vested with the remaining shares lapsing.
These share plans are more fully described in the Company's 2020 Directors'
Remuneration Report, which can be accessed online at www.iairgroup.com
(http://www.iairgroup.com) .
This announcement is made in accordance with Article 19.3 of MAR.
IAG Shareholder Services
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Chris Haynes
2 Reason for the notification
a) Position/status Persons Discharging Managerial Responsibilities (PDMR) / 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 Acquisition of shares following the exercise of nil-cost options granted in
March 2017 under the Performance Share Plan (PSP)
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.3575 64,132
d) Aggregated information
- Aggregated volume
Not applicable
- Price
e) Date of the transaction 2 March 2022
f) Place of the transaction London
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
Acquisition of shares following the exercise of nil-cost options granted in
March 2017 under the Performance Share Plan (PSP)
c)
Price(s) and volume(s)
Price(s) Volume(s)
£1.3575 64,132
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
2 March 2022
f)
Place of the transaction
London
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 settlement of income tax /
national insurance liabilities) following the end of the two-year holding
period of the nil-cost options granted in March 2017 under the Company's
Performance Share Plan.
One-third of the award was subject to Total Shareholder Return (TSR)
performance condition measured against an index, one-third was subject to
Earnings Per Share (EPS) and the final third was subject to Return on Invested
Capital (RoiC). The outcome of these performance conditions was that 46.19
per cent of the award vested with the remaining shares lapsing.
These share plans are more fully described in the Company's 2020 Directors'
Remuneration Report, which can be accessed online at www.iairgroup.com
(http://www.iairgroup.com) .
This announcement is made in accordance with Article 19.3 of MAR.
IAG Shareholder Services
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Fernando Candela
2 Reason for the notification
a) Position/status Persons Discharging Managerial Responsibilities (PDMR) / Chief Transformation
Officer
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 Acquisition of shares following the exercise of nil-cost options granted in
May 2015 and March 2016 under the Performance Share Plan (PSP)
c) Price(s) and volume(s)
Price(s) Volume(s)
£1.4578 46,357
d) Aggregated information
- Aggregated volume
Not applicable
- Price
e) Date of the transaction 1 March 2022
f) Place of the transaction London
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
Acquisition of shares following the exercise of nil-cost options granted in
May 2015 and March 2016 under the Performance Share Plan (PSP)
c)
Price(s) and volume(s)
Price(s) Volume(s)
£1.4578 46,357
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
1 March 2022
f)
Place of the transaction
London
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