International Cons Airlines Group Director/PDMR Shareholding
March 15 2024 - 12:49PM
RNS Regulatory News
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
|
|
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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