International Consolidated Airlines Group. S.A.

Director's Dealing • Mar 24, 2022

National Storage Mechanism | Additional information

RNS Number : 9605F

International Cons Airlines Group

24 March 2022

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 March 2019.

·      These awards reflect the deferred element of the annual incentive award for 2018 under the IAG Incentive Award Deferral Plan. Awards represent 50% of the total annual incentive outturn for the individual, deferred for three years.

·      Award level reflects both IAG's performance ending 31 December 2018 in which the Group delivered an operating profit pre-exceptional items of €3,230 million, and individual performance in role in the 2018 performance period.

This share plan is more fully described in the Company's 2021 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

·      Fernando Candela

·      Adam Daniels

·      Sean Doyle

·      Lynne Embleton

·      Chris Haynes

·      Carolina Martinoli

·      Javier Sanchez-Prieto

·      Marco Sansavini

2

Reason for the notification

a)

Position/status

Persons Discharging Managerial Responsibilities (PDMRs)

Name	Position
Luis Gallego	Executive Director (Chief Executive)
Fernando Candela	Chief Transformation Officer
Adam Daniels	Chairman and CEO IAG Loyalty
Sean Doyle	Chairman and CEO British Airways
Lynne Embleton	Chairman and CEO Aer Lingus
Chris Haynes	General Counsel
Carolina Martinoli	Chief People, Corporate Affairs and Sustainability Officer
Javier Sanchez-Prieto	Chairman and CEO Iberia
Marco Sansavini	Chairman and CEO Vueling

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 deferred awards granted in March 2019 as part of the 2018 annual incentive plan outturn, which reflected group performance and individual performance in role for the period ending 31 December 2018.

c)

Price(s) and volume(s)

	IADP
	Price(s) £	Volume(s)
Luis Gallego	1.4044	62,044
Fernando Candela	1.4044	19,892
Adam Daniels	1.4044	3,986
Sean Doyle	1.4044	18,155
Lynne Embleton	1.4044	27,783
Chris Haynes	1.4044	26,105
Carolina Martinoli	1.4044	18,636
Javier Sanchez-Prieto	1.4044	36,485
Marco Sansavini	1.4044	17,558

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

21 March 2022

f)

Place of the transaction

Outside a trading venue

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