Director's Dealing • Sep 6, 2023
Director's Dealing
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RNS Number : 5573L
International Cons Airlines Group
06 September 2023
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:
An award of shares under the IAG Executive Share Plan (ESP) as part of the Company's Full Potential Incentive Plan (FPIP). The award is subject to a stretch performance target in the financial year 2024, and will vest in 2025. The award is in line with FPIP awards made to other key individuals at IAG.
This announcement is made in accordance with MAR.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jonathan Sullivan
2
Reason for the notification
a)
Position/status
Persons Discharging Managerial Responsibilities (PDMRs)
| 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 conditional shares granted under the ESP (Full Potential Incentive Plan), vesting in 2025
c)
Price(s) and volume(s)
| Price £ |
Volume | |
| Jonathan Sullivan | nil | 341,578 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
4 September 2023
f)
Place of the transaction
Outside a trading venue
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