International Consolidated Airlines Group. S.A.

Director's Dealing • Mar 23, 2022

National Storage Mechanism | Additional information

RNS Number : 8180F

International Cons Airlines Group

23 March 2022

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

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

Javier Sánchez-Prieto

2

Reason for the notification

a)

Position/status

Persons Discharging Managerial Responsibilities (PDMR) / Chairman and Chief Executive Iberia

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

Disposal of shares to cover applicable income tax due on the exercise of the awarded nil cost share options under the IAG Performance Share Plan (PSP) for shares awarded in 2017 and following the end of the two-year holding period.

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.4042	112,000

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

18 March 2022

f)

Place of the transaction

London

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 settlement of income tax / national insurance liabilities) following the end of the two-year holding period of the nil-cost options granted in May 2015, March 2016 and March 2017 under the Company's Performance Share Plan.

One-third of the awards were subject to Total Shareholder Return (TSR) performance condition measured against an index, one-third was subject to Earnings Per Share (EPS) and the final third was subject to Return on Invested Capital (RoiC).  The outcome of these performance conditions was for 2015: 66.67 per cent, for 2016: 46.19 per cent and for 2017: 72.11 per cent of the award vested with the remaining shares lapsing.

These share plans are more fully described in the Company's 2018, 2019 and 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.

IAG Shareholder Services

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Carolina Martinoli

2

Reason for the notification

a)

Position/status

Persons Discharging Managerial Responsibilities (PDMR) / Chief People, Corporate Affair and Sustainability 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

Acquisition of shares following the exercise of nil-cost options granted in May 2015, March 2016 and March 2017 under the Performance Share Plan (PSP)

c)

Price(s) and volume(s)

Price(s)	Volume(s)
1.4105	59,811

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

18 March 2022

f)

Place of the transaction

London

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