REG - Intl Con Airline Grp - Director/PDMR Shareholding
23/03/2022 17:30
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RNS Number : 8180F International Cons Airlines Group 23 March 2022
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
This announcement is made in accordance with Article 19.3 of MAR.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Javier Sánchez-Prieto
2 Reason for the notification
a) Position/status Persons Discharging Managerial Responsibilities (PDMR) / Chairman and Chief
Executive Iberia
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 Disposal of shares to cover applicable income tax due on the exercise of the
awarded nil cost share options under the IAG Performance Share Plan (PSP) for
shares awarded in 2017 and following the end of the two-year holding period.
c) Price(s) and volume(s)
Price(s) Volume(s)
1.4042 112,000
d) Aggregated information
- Aggregated volume
Not applicable
- Price
e) Date of the transaction 18 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
Disposal of shares to cover applicable income tax due on the exercise of the
awarded nil cost share options under the IAG Performance Share Plan (PSP) for
shares awarded in 2017 and following the end of the two-year holding period.
c)
Price(s) and volume(s)
Price(s) Volume(s)
1.4042 112,000
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
18 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 May 2015, March 2016 and March 2017
under the Company's Performance Share Plan.
One-third of the awards were 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 for 2015:
66.67 per cent, for 2016: 46.19 per cent and for 2017: 72.11 per cent of the
award vested with the remaining shares lapsing.
These share plans are more fully described in the Company's 2018, 2019 and
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 Carolina Martinoli
2 Reason for the notification
a) Position/status Persons Discharging Managerial Responsibilities (PDMR) / Chief People,
Corporate Affair and Sustainability 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, March 2016 and March 2017 under the Performance Share Plan (PSP)
c) Price(s) and volume(s)
Price(s) Volume(s)
1.4105 59,811
d) Aggregated information
- Aggregated volume
Not applicable
- Price
e) Date of the transaction 18 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, March 2016 and March 2017 under the Performance Share Plan (PSP)
c)
Price(s) and volume(s)
Price(s) Volume(s)
1.4105 59,811
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
18 March 2022
f)
Place of the transaction
London
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