RNS Number : 1019I
International Cons Airlines Group
02 August 2023
 

 

 

 

 

 

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 the Market Abuse Regulation ('MAR'), relating to:

 

An award of shares under the IAG Executive Share Plan (ESP) as part of the Company's Full Potential Incentive Plan (FPIP). The award is subject to a stretch performance target in the financial year 2024, and will vest in 2025. The award is in line with FPIP awards made to other key individuals at IAG.

 

 

This announcement is made in accordance with MAR.

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

 

Name

 

 

·    Jorge Saco

·    Julio Rodriguez

 

2

Reason for the notification

 

a)

 

 

Position/status

 

 

 

Persons Discharging Managerial Responsibilities (PDMRs)

 

·    Chief Information Officer, Procurement Services and Innovation

·    Chief Commercial Strategy 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

 

Identification code

 

 

 

Ordinary shares of 0.10 euro each

 

 

ES0177542018

b)

Nature of the transaction

Award of conditional shares granted under the ESP (Full Potential Incentive Plan), vesting in 2025

 

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price

£

Volume

 

Jorge Saco

nil

146,390

Julio Rodriguez

nil

93,828

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

Not applicable

 

e)

Date of the transaction

31 July 2023

 

f)

Place of the transaction

Outside a trading venue

 

 

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