RNS Number : 1059H
International Cons Airlines Group
15 March 2024
 

 

 

 

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)

Name

             Position

 

Luis Gallego

Executive Director (Chief Executive)

Nicholas Cadbury

Chief Financial Officer

Fernando Candela

Chairman and CEO Iberia

Sarah Clements

General Counsel

Adam Daniels

Sean Doyle

Lynne Embleton

Chairman and CEO IAG Loyalty

Chairman and CEO British Airways

Chairman and CEO Aer Lingus

Carolina Martinoli

Chief People, Corporate Affairs and Sustainability Officer

Julio Rodriguez

Chief Commercial Strategy Officer

Jorge Saco

Chief Information, Procurement, Services and Innovation Officer

Marco Sansavini

Chairman and CEO Vueling

Jonathan Sullivan

Chief Transformation and Corporate Development 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 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)

 

 


Price

RSP

£

Volume

Luis Gallego

nil

874,437

Nicholas Cadbury

nil

682,487

Fernando Candela

nil

319,287

Sarah Clements

Nil

237,807

Adam Daniels

nil

329,144

Sean Doyle

nil

515,864

Lynne Embleton

nil

406,626

Carolina Martinoli

nil

399,135

Julio Rodriguez

nil

221,480

Jorge Saco

nil

254,371

Marco Sansavini

nil

488,635

Jonathan Sullivan

nil

266,202

 

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)

 

Name

              Position

Luis Gallego

Executive Director (Chief Executive)



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 under the Incentive Award Deferral Plan (IADP)

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

Price

£

IADP

Volume

Luis Gallego

nil

464,685

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

 

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