REG - Intl Con Airline Grp - Director/PDMR Shareholding

International Consolidated Airlines SAAnnouncement

24/03/2022 18:30

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RNS Number : 9605F  International Cons Airlines Group  24 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 automatic settlement of
income tax / national insurance liabilities) following the vesting of awards
granted in March 2019.

·      These awards reflect the deferred element of the annual incentive
award for 2018 under the IAG Incentive Award Deferral Plan. Awards represent
50% of the total annual incentive outturn for the individual, deferred for
three years.

·      Award level reflects both IAG's performance ending 31 December
2018 in which the Group delivered an operating profit pre-exceptional items of
€3,230 million, and individual performance in role in the 2018 performance
period.

 

This share plan is more fully described in the Company's 2021 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.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
                                                ·      Luis Gallego

 a)   Name                                      ·      Fernando Candela

                                                ·      Adam Daniels

                                                ·      Sean Doyle

                                                ·      Lynne Embleton

                                                ·      Chris Haynes

                                                ·      Carolina Martinoli

                                                ·      Javier Sanchez-Prieto

                                                ·      Marco Sansavini

 2    Reason for the notification

 a)   Position/status                           Persons Discharging Managerial Responsibilities (PDMRs)

Name                                 Position
                                                Luis Gallego           Executive Director (Chief Executive)
                                                Fernando Candela       Chief Transformation Officer
                                                Adam Daniels           Chairman and CEO IAG Loyalty
                                                Sean Doyle             Chairman and CEO British Airways
                                                Lynne Embleton         Chairman and CEO Aer Lingus
                                                Chris Haynes           General Counsel
                                                Carolina Martinoli     Chief People, Corporate Affairs and Sustainability Officer
                                                Javier Sanchez-Prieto  Chairman and CEO Iberia
                                                Marco Sansavini        Chairman and CEO Vueling

 b)   Initial notification /Amendment           Initial notification

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 vesting of deferred awards granted in
                                                                    March 2019 as part of the 2018 annual incentive plan outturn, which reflected
                                                                    group performance and individual performance in role for the period ending 31
                                                                    December 2018.

            IADP
 c)   Price(s) and volume(s)                                                    Price(s)  Volume(s)

                                                                                £
                                                                    Luis Gallego           1.4044    62,044
                                                                    Fernando Candela       1.4044    19,892
                                                                    Adam Daniels           1.4044    3,986
                                                                    Sean Doyle             1.4044    18,155
                                                                    Lynne Embleton         1.4044    27,783
                                                                    Chris Haynes           1.4044    26,105
                                                                    Carolina Martinoli     1.4044    18,636
                                                                    Javier Sanchez-Prieto  1.4044    36,485
                                                                    Marco Sansavini        1.4044    17,558
 d)   Aggregated information

      - Aggregated volume

      - Price                                                       Not applicable
 e)   Date of the transaction                                       21 March 2022
 f)   Place of the transaction                                      Outside a trading venue

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 vesting of deferred awards granted in
March 2019 as part of the 2018 annual incentive plan outturn, which reflected
group performance and individual performance in role for the period ending 31
December 2018.

 

c)

 

 

Price(s) and volume(s)

 

 

 

                        IADP
                        Price(s)  Volume(s)

                        £
 Luis Gallego           1.4044    62,044
 Fernando Candela       1.4044    19,892
 Adam Daniels           1.4044    3,986
 Sean Doyle             1.4044    18,155
 Lynne Embleton         1.4044    27,783
 Chris Haynes           1.4044    26,105
 Carolina Martinoli     1.4044    18,636
 Javier Sanchez-Prieto  1.4044    36,485
 Marco Sansavini        1.4044    17,558

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

e)

Date of the transaction

21 March 2022

f)

Place of the transaction

Outside a trading venue

 

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