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 shares granted under the IAG Executive Share Plan (Restricted Share Plan), vesting in 2025.This Plan is a core element of overall senior leader remuneration, focusing senior leaders on long term shareholder value creation.
· The award is granted in accordance with IAG's remuneration policy, as approved by shareholders in June 2021.
This share plan is more fully described in the Company's 2021 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.
This announcement is made in accordance with Article 19.3 of the Market Abuse Regulation (MAR).
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||||||||||||||||||||||||||
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a)
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Name
| · Luis Gallego · Nicholas Cadbury · Fernando Candela · Adam Daniels · Sean Doyle · Lynne Embleton · John Gibbs · Chris Haynes · Carolina Martinoli · David Podolsky · Javier Sanchez-Prieto · Marco Sansavini | |||||||||||||||||||||||||||||||||
| 2 | Reason for the notification | ||||||||||||||||||||||||||||||||||
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a)
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Position/status
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Persons Discharging Managerial Responsibilities (PDMRs)
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| 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 |
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| 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 |
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of 0.10 euro each
ES0177542018 |
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| b) | Nature of the transaction | Award of shares granted under the IAG Restricted Share Plan, vesting in 2025, subject to the terms and conditions of the Plan.
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c) |
Price(s) and volume(s)
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| d)
| Aggregated information
- Aggregated volume - Price |
Not applicable |
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| e) | Date of the transaction | 21 March 2022 |
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| f) | Place of the transaction | Outside a trading venue |
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