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viewInternational Consolidated Airlines Group

Intl Con Airline Grp - Director/PDMR Shareholding

RNS Number : 4739F
International Cons Airlines Group
09 March 2020
 

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 award of deferred shares (in the form of conditional awards) under the Company's Incentive Award Deferral Plan (following the outcome of the 2019 annual incentive); and

 

·      The award of nil-cost options under the Company's Performance Share Plan for 2020.

These share plans are more fully described in the Company's 2019 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

 

 

·      William Walsh

·      Steve Gunning

·      Andrew Crawley

·      Alex Cruz

·      Adam Daniels

·      Sean Doyle

·      Lynne Embleton

·      Luis Gallego

·      John Gibbs

·      Alistair Hartley

·      Chris Haynes

·      Javier Sanchez-Prieto

·      Julia Simpson

 

2

 

Reason for the notification

a)

 

Position/status

 

 

Persons Discharging Managerial Responsibilities (PDMRs)

 

Name

 

Position

 

William Walsh

Executive Director

Steve Gunning

Executive Director

Andrew Crawley

Chairman and CEO IAG Loyalty

Alex Cruz

Chairman and CEO British Airways

Adam Daniels

Sean Doyle

Chairman and CEO IAG Loyalty

Chief Executive Officer Aer Lingus

Lynne Embleton

Chairman and CEO IAG Cargo

Luis Gallego

John Gibbs

Alistair Hartley

Chairman and CEO Iberia

Chief Information Officer

Director of Strategy

Chris Haynes

General Counsel

Javier Sanchez-Prieto

Chairman and CEO Vueling

Julia Simpson

Chief of Staff



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 0.50 euro each

 

 

ES0177542018

b)

 

Nature of the transaction

 

 

Award of conditional shares under the Incentive Award Deferral Plan (IADP) and nil-cost options under the Performance Share Plan (PSP), for nil consideration. 

c)

 

Price(s) and volume(s)

 

 


IADP

PSP


 

Price(s)

£

 

Volume(s)

 

Price(s)

 

 

Volume(s)

£

 

William Walsh

 

4.59

96,233

n/a

0

Steve Gunning

 

4.59

46,177

4.59

226,852

Andrew Crawley

 

4.59

28,337

n/a

0

Alex Cruz

 

n/a


4.59

206,863

Adam Daniels

4.59

24,032

4.59

95,425

Sean Doyle

 

4.59

43,247

4.59

158,804

Lynne Embleton

 

4.59

28,479

4.59

104,575

Luis Gallego

 

4.59

54,059

4.59

357,298

John Gibbs

4.59

8,306

4.59

91,503

Alistair Hartley

4.59

20,449

4.59

99,346

Chris Haynes

 

4.59

28,479

4.59

104,575

Javier Sanchez-Prieto

 

4.59

44,154

4.59

198,505

Julia Simpson

 

4.59

19,657

4.59

79,477

 

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

 

N/A

e)

 

Date of the transaction

 

06 March 2020

f)

 

Place of the transaction

Outside a trading venue

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: International Consolidated Airlines Group

Price: 327.5

Market: LSE
Market Cap: £6.5 billion
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