Director's Dealing • Mar 2, 2023
Director's Dealing
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RNS Number : 7109R
International Cons Airlines Group
02 March 2023
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
International Consolidated Airlines Group, S.A. ("IAG" or 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 and national insurance liabilities) following the vesting of the second tranche of the awards made in May 2022 under the IAG Executive Share Plan (ESP) to Nicholas Cadbury. This is part of the buy-out awards made to compensate for loss of bonus and long term share awards at Nicholas' previous employer, on a fair and equivalent basis to those forfeited.
Further information in relation to IAG share plans is 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 of the MAR.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Nicholas Cadbury
2
Reason for the notification
a)
Position/status
Chief Financial 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
The acquisition of shares (after the automatic settlement of income tax and national insurance liabilities) following the vesting of awards granted on 24 May 2022
c)
Price(s) and volume(s)
| Price | Volume |
| £1.5478 | 105,473 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
28 February 2023
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
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
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
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 2018 under the Company's Performance Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 1.5647 | 13,205 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
28 February 2023
f)
Place of the transaction
London
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
The acquisition of shares (after the settlement of income tax / social security liabilities) following the end of the two-year holding period of the nil-cost options granted in May 2018 under the Company's Performance Share Plan.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 1.5569 | 36,319 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
1 March 2023
f)
Place of the transaction
London
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