REG - Intl Con Airline Grp - Director/PDMR Shareholding

International Consolidated Airlines SAAnnouncement

24/03/2022 18:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220324:nRSX9608Fa&default-theme=true

RNS Number : 9608F  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 award of shares granted under the IAG Executive Share Plan
(Restricted Share Plan), vesting in 2025.This Plan is a core element of
overall senior leader remuneration, focusing senior leaders on long term
shareholder value creation.

·      The award is granted in accordance with IAG's remuneration
policy, as approved by shareholders in June 2021.

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 the Market
Abuse Regulation (MAR).

 

 

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

 a)   Name                                      ·        Nicholas Cadbury

                                                ·        Fernando Candela

                                                ·        Adam Daniels

                                                ·        Sean Doyle

                                                ·        Lynne Embleton

                                                ·        John Gibbs

                                                ·        Chris Haynes

                                                ·        Carolina Martinoli

                                                ·        David Podolsky

                                                ·        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)

                                         Nicholas Cadbury       Chief Financial Officer
                                                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
                                                John Gibbs             Chief Information Officer
                                                Chris Haynes           General Counsel
                                                Carolina Martinoli     Chief People, Corporate Affairs and Sustainability Officer
                                                David Podolsky         Chief Strategy Officer and CEO IAG Cargo
                                                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                                     Award of shares granted under the IAG Restricted Share Plan, vesting in 2025,
                                                                    subject to the terms and conditions of the Plan.

                                                                    Price  RSP

                                                                         £      Volume
 c)   Price(s) and volume(s)                                        Luis Gallego           nil    581,907

                                                             Nicholas Cadbury       nil    681,257
                                                                    Fernando Candela       nil    255,471

                                                             Adam Daniels           nil    255,471
                                                                    Sean Doyle             nil    514,934
                                                                    Lynne Embleton         nil    397,338
                                                                    John Gibbs             nil    255,471
                                                                    Chris Haynes           nil    271,438
                                                                    Carolina Martinoli     nil    255,471
                                                                    David Podolsky         nil    271,438
                                                                    Javier Sanchez-Prieto  nil    477,473
                                                                    Marco Sansavini        nil    389,992
 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

Award of shares granted under the IAG Restricted Share Plan, vesting in 2025,
subject to the terms and conditions of the Plan.

 

 

 

c)

 

Price(s) and volume(s)

 

 

                        Price  RSP
                        £      Volume
 Luis Gallego           nil    581,907
 Nicholas Cadbury       nil    681,257
 Fernando Candela       nil    255,471
 Adam Daniels           nil    255,471
 Sean Doyle             nil    514,934
 Lynne Embleton         nil    397,338
 John Gibbs             nil    255,471
 Chris Haynes           nil    271,438
 Carolina Martinoli     nil    255,471
 David Podolsky         nil    271,438
 Javier Sanchez-Prieto  nil    477,473
 Marco Sansavini        nil    389,992

 

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

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHBUGDXIUDDGDS