TIDMIAG

RNS Number : 4739F

International Cons Airlines Group

09 March 2020

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 2019 annual incentive); and

   --      The award of nil-cost options under the Company's Performance Share Plan for 2020. 

These share plans are more fully described in the Company's 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 
                                          *    William Walsh 
 
 
                                          *    Steve Gunning 
 
 
                                          *    Andrew Crawley 
 
 
                                          *    Alex Cruz 
 
 
                                          *    Adam Daniels 
 
 
                                          *    Sean Doyle 
 
 
                                          *    Lynne Embleton 
 
 
                                          *    Luis Gallego 
 
 
                                          *    John Gibbs 
 
 
                                          *    Alistair Hartley 
 
 
                                          *    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 
                               Steve Gunning           Executive Director 
                               Andrew Crawley          Chairman and CEO IAG Loyalty 
                               Alex Cruz               Chairman and CEO British 
                                                        Airways 
                               Adam Daniels            Chairman and CEO IAG Loyalty 
                                Sean Doyle              Chief Executive Officer 
                                                        Aer Lingus 
                               Lynne Embleton          Chairman and CEO IAG Cargo 
                               Luis Gallego            Chairman and CEO Iberia 
                                John Gibbs              Chief Information Officer 
                                Alistair Hartley        Director of Strategy 
                               Chris Haynes            General Counsel 
                               Javier Sanchez-Prieto   Chairman and CEO Vueling 
                               Julia Simpson           Chief of Staff 
     ---------------------  ------------------------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
     ---------------------  ------------------------------------------------------- 
 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       Ordinary shares of 0.50 euro each 
       instrument, 
       type of instrument 
                              ES0177542018 
       Identification 
       code 
     --------------------  --------------------------------------------------------------------- 
 b)   Nature of the         Award of conditional shares under the Incentive 
       transaction           Award Deferral Plan (IADP) and nil-cost options 
                             under the Performance Share Plan (PSP), for 
                             nil consideration. 
     --------------------  --------------------------------------------------------------------- 
 c)   Price(s) and                                      IADP                     PSP 
       volume(s)                                             Volume(s)   Price(s) 
                                                  Price(s)                           Volume(s) 
                                                    GBP                                 GBP 
                                                ----------  ----------             ----------- 
                                       William 
                                         Walsh        4.59      96,233        n/a            0 
                                                ----------  ----------             ----------- 
                                         Steve 
                                       Gunning        4.59      46,177       4.59      226,852 
                                                ----------  ----------             ----------- 
                                        Andrew 
                                       Crawley        4.59      28,337        n/a            0 
                                                ----------  ----------             ----------- 
                                     Alex Cruz         n/a                   4.59      206,863 
                                                ----------  ----------             ----------- 
                                  Adam Daniels        4.59      24,032       4.59       95,425 
                                                ----------  ----------             ----------- 
                                    Sean Doyle        4.59      43,247       4.59      158,804 
                                                ----------  ----------             ----------- 
                                         Lynne 
                                      Embleton        4.59      28,479       4.59      104,575 
                                                ----------  ----------             ----------- 
                                  Luis Gallego        4.59      54,059       4.59      357,298 
                                                ----------  ----------             ----------- 
                                    John Gibbs        4.59       8,306       4.59       91,503 
                                                ----------  ----------             ----------- 
                                      Alistair 
                                       Hartley        4.59      20,449       4.59       99,346 
                                                ----------  ----------             ----------- 
                                         Chris 
                                        Haynes        4.59      28,479       4.59      104,575 
                                                ----------  ----------             ----------- 
                                        Javier 
                                Sanchez-Prieto        4.59      44,154       4.59      198,505 
                                                ----------  ----------             ----------- 
                                         Julia 
                                       Simpson        4.59      19,657       4.59       79,477 
                                                ----------  ----------             ----------- 
     --------------------  --------------------------------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume              N/A 
       - Price 
     ------------------------------  ----------------------------------------------------------- 
 e)   Date of the transaction         06 March 2020 
     ------------------------------  ----------------------------------------------------------- 
 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.

END

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March 09, 2020 11:51 ET (15:51 GMT)

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