TIDMIAG

RNS Number : 4891S

International Cons Airlines Group

09 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. (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 2020.

-- These awards reflect the deferred element of the annual incentive award for 2019 under the IAG Incentive Award Deferral Plan. Awards represent 50% of the total annual incentive outturn for the individual, deferred for three years.

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                        *    Luis Gallego 
 
 
                                      *    Fernando Candela 
 
 
                                      *    Adam Daniels 
 
 
                                      *    Sean Doyle 
 
 
                                      *    Lynne Embleton 
 
 
                                      *    John Gibbs 
 
 
                                      *    Julio Rodriguez 
 
 
                                      *    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 
                                    John Gibbs              Chief Information Officer 
                                    Julio Rodriguez         Interim Strategy Director 
                                    Javier Sanchez-Prieto   Chairman and CEO Iberia 
                                    Marco Sansavini         Chairman and CEO Vueling 
       ---------------------  ------------------------------------------------------------------ 
 b)     Initial notification   Initial notification 
         /Amendment 
       ---------------------  ------------------------------------------------------------------ 
 
 
 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       Ordinary shares of 0.10 euro each 
          instrument, 
          type of instrument 
                                 ES0177542018 
          Identification 
          code 
       ---------------------  ------------------------------------------------- 
 b)     Nature of              Acquisition of shares following the vesting of 
         the transaction        deferred awards granted in March 2020 as part 
                                of the 2019 annual incentive plan outturn 
       ---------------------  ------------------------------------------------- 
                                                                  IADP 
   c)     Price(s)                                         Price(s)   Volume(s) 
          and volume(s)                                       GBP 
                                                          ---------  ---------- 
                                  Luis Gallego              1.5492     46,031 
                                                          ---------  ---------- 
                                  Fernando Candela          1.5492     11,270 
                                                          ---------  ---------- 
                                  Adam Daniels              1.5492     19,168 
                                                          ---------  ---------- 
                                  Sean Doyle                1.5492     34,143 
                                                          ---------  ---------- 
                                  Lynne Embleton            1.5492     22,457 
                                                          ---------  ---------- 
                                  John Gibbs                1.5492      6,624 
                                                          ---------  ---------- 
                                  Julio Rodriguez           1.5492      8,469 
                                                          ---------  ---------- 
                                  Javier Sanchez-Prieto     1.5492     33,510 
                                                          ---------  ---------- 
                                  Marco Sansavini           1.5492     15,799 
                                                          ---------  ---------- 
       ---------------------  ------------------------------------------------- 
 d)     Aggregated 
         information 
 
         - Aggregated            Not applicable 
         volume 
         - Price 
       ---------------------  ------------------------------------------------- 
 e)     Date of the            6 March 2023 
         transaction 
       ---------------------  ------------------------------------------------- 
 f)     Place of               Outside a trading venue 
         the transaction 
       ---------------------  ------------------------------------------------- 
 

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END

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