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Director/PDMR Shareholding

11 Mar 2019 14:30

RNS Number : 4888S
International Cons Airlines Group
11 March 2019

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 award of deferred shares (in the form of conditional awards) under the Company's Incentive Award Deferral Plan (following the outcome of the 2018 annual incentive); and

The award of nil-cost options under the Company's Performance Share Plan for 2019.

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

William Walsh

Enrique Dupuy De L么me

Robert Boyle

Andrew Crawley

Alex Cruz

Sean Doyle

Lynne Embleton

Luis Gallego

Steve Gunning

Chris Haynes

Javier Sanchez-Prieto

Julia Simpson

2

Reason for the notification

a)

Position/status

Persons Discharging Managerial Responsibilities (PDMRs)

Name

Position

William Walsh

Executive Director

Enrique Dupuy De L么me

Executive Director

Robert Boyle

Director of Strategy

Andrew Crawley

Chief Executive Officer Avios

Alex Cruz

Chairman and CEO British Airways

Sean Doyle

Chief Executive Officer Aer Lingus

Lynne Embleton

Chief Executive IAG Cargo

Luis Gallego

Chairman and CEO Iberia

Steve Gunning

Chief Financial Officer British Airways

Chris Haynes

General Counsel

Javier Sanchez-Prieto

Chairman and CEO Vueling

Julia Simpson

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 0.50 euro each

ES0177542018

b)

Nature of the transaction

Award of conditional shares under the Incentive Award Deferral Plan (IADP) and nil-cost options under the Performance Share Plan (PSP), for nil consideration.

c)

Price(s) and volume(s)

IADP

PSP

Price(s)

Volume(s)

Price(s)

Volume(s)

William Walsh

5.67

92,720

5.67

299,824

Enrique Dupuy De L么me

5.67

43,912

5.67

147,354

Robert Boyle

5.67

32,949

5.67

102,011

Andrew Crawley

5.67

24,984

5.67

82,116

Alex Cruz

5.67

49,904

5.67

164,021

Sean Doyle

5.67

17,813

5.67

132,821

Lynne Embleton

5.67

26,660

5.67

82,540

Luis Gallego

5.67

49,454

5.67

162,543

Steve Gunning

5.67

32,813

5.67

101,587

Chris Haynes

5.67

24,951

5.67

77,249

Javier Sanchez-Prieto

5.67

37,920

5.67

132,821

Julia Simpson

5.67

18,277

5.67

62,646

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

08 March 2019

f)

Place of the transaction

Outside a trading venue

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.
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