International Cons Airlines Group Director/PDMR Shareholding
March 15 2024 - 12:49PM
RNS Regulatory News
RNS Number : 1059H
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 the
Market Abuse Regulation ('MAR'), relating to:
The award of shares granted under the
IAG Executive Share Plan (Restricted Share Plan), vesting in
2027.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 2023 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
·
Jorge Saco
·
Marco Sansavini
·
Jonathan Sullivan
|
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
|
Chairman and CEO Iberia
|
Sarah Clements
|
General Counsel
|
Adam Daniels
Sean Doyle
Lynne Embleton
|
Chairman and CEO IAG
Loyalty
Chairman and CEO British
Airways
Chairman and CEO Aer
Lingus
|
Carolina Martinoli
|
Chief People, Corporate Affairs and
Sustainability Officer
|
Julio Rodriguez
|
Chief Commercial Strategy
Officer
|
Jorge Saco
|
Chief Information, Procurement,
Services and Innovation Officer
|
Marco Sansavini
|
Chairman and CEO Vueling
|
Jonathan Sullivan
|
Chief Transformation and Corporate
Development Officer
|
|
|
| |
|
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
|
Award of shares granted under the
IAG Restricted Share Plan, vesting in 2027, subject to the terms
and conditions of the Plan.
|
|
c)
|
Price(s) and volume(s)
|
|
Price
|
RSP
|
£
|
Volume
|
Luis Gallego
|
nil
|
874,437
|
Nicholas Cadbury
|
nil
|
682,487
|
Fernando Candela
|
nil
|
319,287
|
Sarah Clements
|
Nil
|
237,807
|
Adam Daniels
|
nil
|
329,144
|
Sean Doyle
|
nil
|
515,864
|
Lynne Embleton
|
nil
|
406,626
|
Carolina Martinoli
|
nil
|
399,135
|
Julio Rodriguez
|
nil
|
221,480
|
Jorge Saco
|
nil
|
254,371
|
Marco Sansavini
|
nil
|
488,635
|
Jonathan Sullivan
|
nil
|
266,202
|
|
|
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
|
|
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 under
the Company's Incentive Award Deferral Plan (following the outcome
of the 2023 annual incentive).
This share plan is more fully
described in the Company's 2023 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
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Persons Discharging Managerial
Responsibilities (PDMRs)
Name
|
Position
|
Luis Gallego
|
Executive Director (Chief
Executive)
|
|
|
|
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
|
Award of conditional shares under
the Incentive Award Deferral Plan (IADP)
|
c)
|
Price(s) and volume(s)
|
|
Price
£
|
IADP
Volume
|
Luis Gallego
|
nil
|
464,685
|
|
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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