International Cons Airlines Group Director/PDMR Shareholding (5573L)

TIDMIAG

RNS Number : 5573L

International Cons Airlines Group

06 September 2023

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 the Market Abuse Regulation ('MAR'), relating to:

An award of shares under the IAG Executive Share Plan (ESP) as part of the Company's Full Potential Incentive Plan (FPIP). The award is subject to a stretch performance target in the financial year 2024, and will vest in 2025. The award is in line with FPIP awards made to other key individuals at IAG.

This announcement is made in accordance with MAR.

 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
                               Jonathan Sullivan 
   a)     Name 
       ---------------------  ---------------------------------------------------- 
 2      Reason for the notification 
       --------------------------------------------------------------------------- 
 
   a)     Position/status        Persons Discharging Managerial Responsibilities 
                                 (PDMRs) 
                                  Chief Transformation and Corporate Development 
                                   Officer 
       ---------------------  ---------------------------------------------------- 
 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 0.10 euro each 
          instrument, 
          type of instrument 
                                 ES0177542018 
          Identification 
          code 
       ---------------------  ---------------------------------------------------- 
 b)     Nature of              Award of conditional shares granted under the 
         the transaction        ESP (Full Potential Incentive Plan), vesting in 
                                2025 
       ---------------------  -------------------------------------------------- 
                                                      Price    Volume 
   c)     Price(s)                                       GBP 
          and volume(s)           Jonathan Sullivan     nil     341,578 
                                                      -------  -------- 
       ---------------------  -------------------------------------------------- 
 d)     Aggregated 
         information 
 
         - Aggregated            Not applicable 
         volume 
         - Price 
       ---------------------  -------------------------------------------------- 
 e)     Date of the            4 September 2023 
         transaction 
       ---------------------  -------------------------------------------------- 
 f)     Place of               Outside a trading venue 
         the transaction 
       ---------------------  -------------------------------------------------- 
 

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 [e-mail] 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

DSHGIGDCSDGDGXL

(END) Dow Jones Newswires

September 06, 2023 04:27 ET (08:27 GMT)