International Cons Airlines Group Director/PDMR Shareholding (2833T)
March 16 2023 - 2:09PM
UK Regulatory
TIDMIAG
RNS Number : 2833T
International Cons Airlines Group
16 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 the Market Abuse Regulation ('MAR'),
relating to:
The award of shares granted under the IAG Executive Share Plan
(Restricted Share Plan), vesting in 2026.This Plan is a core
element of overall senior leader remuneration, focused on long term
shareholder value creation.
This share plan is more fully described in the Company's 2022
Directors' Remuneration Report, which can be accessed online at
www.iairgroup.com .
This announcement is made in accordance with MAR.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name * Luis Gallego
* Nicholas Cadbury
* Fernando Candela
* Sarah Clements
* Adam Daniels
* Sean Doyle
* Lynne Embleton
* Carolina Martinoli
* 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)
Nicholas Cadbury Chief Financial Officer
Fernando Candela Chief Transformation Officer
Sarah Clements General Counsel
Adam Daniels Chairman and CEO IAG Loyalty
Sean Doyle Chairman and CEO British Airways
Lynne Embleton Chairman and CEO Aer Lingus
Carolina Martinoli Chief People, Corporate Affairs and
Sustainability 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 Award of shares granted under the IAG Restricted
the transaction Share Plan, vesting in 2026, subject to the terms
and conditions of the Plan.
--------------------- ---------------------------------------------------
Price RSP
c) Price(s) GBP Volume
and volume(s) ------- --------
Luis Gallego nil 835,751
------- --------
Nicholas Cadbury nil 652,293
------- --------
Fernando Candela nil 244,610
------- --------
Sarah Clements Nil 223,442
------- --------
Adam Daniels nil 251,666
------- --------
Sean Doyle nil 493,042
------- --------
Lynne Embleton nil 400,442
------- --------
Carolina Martinoli nil 251,666
------- --------
Julio Rodriguez nil 120,443
------- --------
Javier Sanchez-Prieto nil 481,203
------- --------
Marco Sansavini nil 393,064
------- --------
--------------------- ---------------------------------------------------
d) Aggregated
information
- Aggregated Not applicable
volume
- Price
--------------------- ---------------------------------------------------
e) Date of the 13 March 2023
transaction
--------------------- ---------------------------------------------------
f) Place of Outside a trading venue
the transaction
--------------------- ---------------------------------------------------
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:
The award of deferred shares (in the form of conditional awards)
under the Company's Incentive Award Deferral Plan (following the
outcome of the 2022 annual incentive).
This share plan is more fully described in the Company's 2022
Directors' Remuneration Report, which can be accessed online at
www.iairgroup.com .
This announcement is made in accordance with MAR.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name * Luis Gallego
* Sean Doyle
--------------------- -------------------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status Persons Discharging Managerial Responsibilities
(PDMRs)
Name Position
Luis Gallego Executive Director (Chief Executive)
Sean Doyle Chairman and CEO British Airways
--------------------- -------------------------------------------------------
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 Award of conditional shares under the Incentive
the transaction Award Deferral Plan (IADP)
Price IADP
c) Price(s) GBP Volume
and volume(s) Luis Gallego nil 447,431
------- --------
Sean Doyle nil 410,868
------- --------
----------------- ------------------------------------------------
d) Aggregated
information
- Aggregated Not applicable
volume
- Price
----------------- ------------------------------------------------
e) Date of the 13 March 2023
transaction
----------------- ------------------------------------------------
f) Place of Outside a trading venue
the transaction
----------------- ------------------------------------------------
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