RNS Number : 8404R
International Cons Airlines Group
10 March 2021
 

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 May 2018 under the Company's Incentive Award Deferral Plan.

 

This share plan is more fully described in the Company's 2020 Directors' Remuneration Report, which can be accessed online at 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

 

a)

 

 

Name

 

 

·      Luis Gallego

·      Adam Daniels

·      Fernando Candela

·      Sean Doyle

·      Lynne Embleton

·      Steve Gunning

·      Chris Haynes

·      Javier Sanchez-Prieto

·      Marco Sansavini

·      Julia Simpson

 

2

Reason for the notification

 

a)

 

 

Position/status

 

 

 

Persons Discharging Managerial Responsibilities (PDMRs)

 

Name

              Position

Luis Gallego

Executive Director

Adam Daniels

Chairman and CEO IAG Loyalty

Fernando Candela

Sean Doyle

Lynne Embleton

Chief Transformation Officer

CEO British Airways

Chairman and CEO IAG Cargo

Steve Gunning

Chief Financial Officer

Chris Haynes

General Counsel

Javier Sanchez-Prieto

Chairman and CEO Iberia

Marco Sansavini

Julia Simpson

Chairman and CEO Vueling

Chief of Staff

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

 

Identification code

 

 

 

Ordinary shares of 0.10 euro each

 

 

ES0177542018

b)

Nature of the transaction

Acquisition of shares following the vesting of conditional awards granted in May 2018 under the Incentive Award Deferral Plan (IADP)

 

c)

 

 

Price(s) and volume(s)

 

 

 


IADP


Price(s)

£

Volume(s)

 

Luis Gallego

2.10

79,760

Adam Daniels

2.10

8,868

Lynne Embleton

2.10

30,995

Fernando Candela

2.10

17,935

Sean Doyle

2.10

8,031

Steve Gunning

2.10

37,780

Chris Haynes

2.10

30,105

Javier Sanchez-Prieto

2.10

48,063

Marco Sansavini

2.10

20,459

Julia Simpson

2.10

22,559

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

e)

Date of the transaction

8 March 2021

f)

Place of the transaction

Outside a trading venue

 

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