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29 Mar 2022 17:19
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 settlement of income tax / national insurance liabilities) following the end of the two-year holding period of the nil-cost options granted in March 2017 under the Company's Performance Share Plan.
One-third of the award was subject to Total Shareholder Return (TSR) performance condition measured against an index, one-third was subject to Earnings Per Share (EPS) and the final third was subject to Return on Invested Capital (RoiC). The outcome of these performance conditions was that 72.11 per cent of the award vested with the remaining shares lapsing.
These share plans are more fully described in the Company's 2020 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.
This announcement is made in accordance with Article 19.3 of MAR.
IAG Shareholder Services
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Sean Doyle
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR / 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 exercise of nil-cost options granted in March 2017 under the Performance Share Plan (PSP) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Not applicable | ||||
e)
| Date of the transaction
| 25 March 2022 | ||||
f)
| Place of the transaction
| London | ||||
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 settlement of income tax / national insurance liabilities) following the end of the two-year holding period of the nil-cost options granted in March 2017 under the Company's Performance Share Plan.
One-third of the award was subject to Total Shareholder Return (TSR) performance condition measured against an index, one-third was subject to Earnings Per Share (EPS) and the final third was subject to Return on Invested Capital (RoiC). The outcome of these performance conditions was that 72.11 per cent of the award vested with the remaining shares lapsing.
These share plans are more fully described in the Company's 2020 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.
This announcement is made in accordance with Article 19.3 of MAR.
IAG Shareholder Services
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name
| Adam Daniels
| |
2
| Reason for the notification
| ||
a)
| Position/status
| PDMR / Chairman and CEO IAG Loyalty
| |
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 exercise of nil-cost options granted in March 2017 under the Performance Share Plan (PSP) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Not applicable | ||||
e)
| Date of the transaction
| 25 March 2022 | ||||
f)
| Place of the transaction
| London |
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