Last checked at 9 Mar 2023 17:30
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)
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Name
| · Luis Gallego · Fernando Candela · Adam Daniels · Sean Doyle · Lynne Embleton · John Gibbs · Julio Rodriguez · Javier Sanchez-Prieto · Marco Sansavini
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2 | Reason for the notification | ||||||||||||||||||||||||||||||||||
a)
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Position/status
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Persons Discharging Managerial Responsibilities (PDMRs)
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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 |
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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)
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Description of the financial instrument, type of instrument
Identification code
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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 2020 as part of the 2019 annual incentive plan outturn | |||||||||||||||||||||||||||||||||
c)
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Price(s) and volume(s)
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d)
| Aggregated information
- Aggregated volume - Price |
Not applicable | |||||||||||||||||||||||||||||||||
e) | Date of the transaction | 6 March 2023 | |||||||||||||||||||||||||||||||||
f) | Place of the transaction | Outside a trading venue | |||||||||||||||||||||||||||||||||