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 deferred shares (in the form of conditional awards) under the Company's Incentive Award Deferral Plan (following the outcome of the 2018 annual incentive); and
· The award of nil-cost options under the Company's Performance Share Plan for 2019.
These share plans are more fully described in the Company's 2018 Directors' Remuneration Report, which can be accessed online at 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
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| a)
| Name
| · William Walsh · Enrique Dupuy De Lôme · Robert Boyle · Andrew Crawley · Alex Cruz · Sean Doyle · Lynne Embleton · Luis Gallego · Steve Gunning · Chris Haynes · Javier Sanchez-Prieto · Julia Simpson
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| 2
| Reason for the notification | |||||||||||||||||||||||||||||||||||||||||||
| a)
| Position/status
| Persons Discharging Managerial Responsibilities (PDMRs)
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| b)
| Initial notification /Amendment | Initial notification | ||||||||||||||||||||||||||||||||||||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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| a)
| Name
| International Consolidated Airlines Group S.A. | ||||||||||||||||||||||||||||||||||||||||||
| b)
| LEI
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| 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
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| a)
| Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of 0.50 euro each
ES0177542018 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| b)
| Nature of the transaction
| Award of conditional shares under the Incentive Award Deferral Plan (IADP) and nil-cost options under the Performance Share Plan (PSP), for nil consideration. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| c)
| Price(s) and volume(s)
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| d)
| Aggregated information
- Aggregated volume - Price
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N/A | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| e)
| Date of the transaction
| 08 March 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| f)
| Place of the transaction | Outside a trading venue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||