Director's Dealing • Mar 15, 2024
Director's Dealing
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RNS Number : 1062H
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 article 19.1 of the EU Market Abuse Regulation ('MAR'), relating to:
The acquisition of shares (after the automatic settlement of income tax/social security liabilities) following the vesting of awards granted in March 2023. These awards reflect the deferred element of the annual incentive award for 2022 under the IAG Incentive Award Deferral Plan.
This share plan is more fully described in the Company's 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
Sean Doyle
2
Reason for the notification
a)
Position/status
Persons Discharging Managerial Responsibilities (PDMRs)
| Name | Position | |
| Sean Doyle | Chairman and CEO British Airways | |
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 2023 as part of the 2022 annual incentive plan outturn
c)
Price(s) and volume(s)
| IADP | ||
| Price(s) £ |
Volume(s) | |
| Sean Doyle | 1.5395 | 217,324 |
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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