International Cons Airlines Group Director/PDMR Shareholding (1019I)

TIDMIAG

RNS Number : 1019I

International Cons Airlines Group

02 August 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 
 
   a)     Name                   *    Jorge Saco 
 
 
                                 *    Julio Rodriguez 
       ---------------------  ---------------------------------------------------------------- 
 2      Reason for the notification 
       --------------------------------------------------------------------------------------- 
 
   a)     Position/status        Persons Discharging Managerial Responsibilities 
                                 (PDMRs) 
 
                                    *    Chief Information Officer, Procurement Services and 
                                         Innovation 
 
 
                                    *    Chief Commercial Strategy 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)             Jorge Saco          nil     146,390 
                                                      -------  -------- 
                                    Julio Rodriguez     nil     93,828 
                                                      -------  -------- 
       ---------------------  -------------------------------------------------------------- 
 d)     Aggregated 
         information 
 
         - Aggregated            Not applicable 
         volume 
         - Price 
       ---------------------  -------------------------------------------------------------- 
 e)     Date of the            31 July 2023 
         transaction 
       ---------------------  -------------------------------------------------------------- 
 f)     Place of               Outside a trading venue 
         the transaction 
       ---------------------  --------------------------------------------------------------

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August 02, 2023 08:27 ET (12:27 GMT)

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