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:
The award of shares granted under the IAG Executive Share Plan (Restricted Share Plan), vesting in 2027.This Plan is a core element of overall senior leader remuneration, focused on long term shareholder value creation.
This share plan is more fully described in the Company's 2023 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.
This announcement is made in accordance with MAR.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||||||||||||||||||||||||||||||||||||||
a)
|
Name
| · Luis Gallego · Nicholas Cadbury · Fernando Candela · Sarah Clements · Adam Daniels · Sean Doyle · Lynne Embleton · Carolina Martinoli · Julio Rodriguez · Jorge Saco · Marco Sansavini · Jonathan Sullivan | ||||||||||||||||||||||||||||||||||||||||||||||||
2 | Reason for the notification | |||||||||||||||||||||||||||||||||||||||||||||||||
a)
|
Position/status
|
Persons Discharging Managerial Responsibilities (PDMRs)
| ||||||||||||||||||||||||||||||||||||||||||||||||
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 |
| ||||||||||||||||||||||||||||||||||||||||||
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 2027, subject to the terms and conditions of the Plan.
|
| |||||||||||||||||||||||||||||||||||||||||
c) |
Price(s) and volume(s)
|
|
| |||||||||||||||||||||||||||||||||||||||||
d)
| Aggregated information
- Aggregated volume - Price |
Not applicable |
| |||||||||||||||||||||||||||||||||||||||||
e) | Date of the transaction | 13 March 2024 |
| |||||||||||||||||||||||||||||||||||||||||
f) | Place of the transaction | Outside a trading venue |
|
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:
The award of deferred shares under the Company's Incentive Award Deferral Plan (following the outcome of the 2023 annual incentive).
This share plan is more fully described in the Company's 2023 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.
This announcement is made in accordance with MAR.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a)
|
Name
| Luis Gallego
| ||||||
2 | Reason for the notification | |||||||
a)
|
Position/status
|
Persons Discharging Managerial Responsibilities (PDMRs)
| ||||||
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 |
| ||||||
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 under the Incentive Award Deferral Plan (IADP) | ||||||
c) |
Price(s) and volume(s)
|
| ||||||
d)
| Aggregated information
- Aggregated volume - Price |
Not applicable | ||||||
e) | Date of the transaction | 13 March 2024 | ||||||
f) | Place of the transaction | Outside a trading venue |
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.