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Pin to quick picksInternational Airlines Regulatory News (IAG)

Share Price Information for International Airlines (IAG)

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Director/PDMR Shareholding

31 Mar 2021 15:09

RNS Number : 1592U
International Cons Airlines Group
31 March 2021
 

 

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 May 2015 and March 2016 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 for the 2015 award 66.67 per cent of the award vested, and for the 2016 award was that 46.19 per cent of the award vested, with the remaining shares lapsing.

These share plans are more fully described in the Company's 2018 and 2019 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

 

 

Persons Discharging Managerial Responsibilities (PDMR) / Chairman and Chief Executive 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

 

 

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 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 May 2015 and March 2016 under the Performance Share Plan (PSP)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1.989

 

34,908

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Not applicable

e)

 

Date of the transaction

 

 

30 March 2021

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 / social securities liabilities) following the end of the two-year holding period of the nil-cost options granted in May 2015 and March 2016 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 for the 2015 award 66.67 per cent of the award vested, and for the 2016 award was that 46.19 per cent of the award vested, with the remaining shares lapsing.

These share plans are more fully described in the Company's 2018 and 2019 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

 

 

Persons Discharging Managerial Responsibilities (PDMR) / Chief Executive 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

 

 

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 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 May 2015 and March 2016 under the Performance Share Plan (PSP)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

2.017

 

23,774

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Not applicable

e)

 

Date of the transaction

 

 

30 March 2021

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 / social securities liabilities) following the end of the two-year holding period of the nil-cost options granted in May 2015 and March 2016 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 for the 2015 award 66.67 per cent of the award vested, and for the 2016 award was that 46.19 per cent of the award vested, with the remaining shares lapsing.

These share plans are more fully described in the Company's 2018 and 2019 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

 

 

Julia Simpson

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Persons Discharging Managerial Responsibilities (PDMR) / Chief of Staff

 

 

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

 

 

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 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 May 2015 and March 2016 under the Performance Share Plan (PSP)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1.967

 

 

 

70,503

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Not applicable

e)

 

Date of the transaction

 

 

30 March 2021

f)

 

Place of the transaction

 

 

London

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHBDGDXRBXDGBB
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