International Cons Airlines Group Removal of the limit on non-EU shareholding (1395A)
17 Enero 2020 - 1:33AM
UK Regulatory
TIDMIAG
RNS Number : 1395A
International Cons Airlines Group
17 January 2020
REMOVAL OF IAG LIMIT ON NON-EU SHAREHOLDING
On 11 February 2019, the share register of International
Consolidated Airlines Group, S.A. (IAG) showed that ownership of
IAG's issued shares by Relevant Non-EU Persons had reached 47.5 per
cent.
IAG's Board decided at that time, due to the level of share
ownership by Relevant Non-EU Persons, that it was necessary to
specify a maximum aggregate number of Relevant Non-EU Shares under
Article 11.8(b) of IAG's bylaws ("Permitted Maximum").
On 17 January 2020, the share register of IAG shows that
ownership of IAG's issued shares by Relevant Non-EU Persons is 39.5
per cent.
As a result, the Permitted Maximum is removed with immediate
effect. Any outstanding Affected Share Notices are deemed withdrawn
and will have no further effect.
The IAG Board will continue to monitor the Relevant Non-EU
Persons ownership level. Under Article 11 of IAG's bylaws, the
Board is authorised to re-impose the Permitted Maximum at any time
if necessary.
17 January 2020
For all enquiries, please contact
investor.relations@iairgroup.com.
Media enquiries should be sent to
media.relations@iairgroup.com
LEI: 959800TZHQRUSH1ESL13
This announcement contains inside information and is disclosed
in accordance with the company's obligations under the Market Abuse
Regulation (EU) No 596/2014.
Unless otherwise defined, terms used in this announcement shall
have the meaning given to them in the Company's bylaws. The
definitions of EU National, Member State, Relevant Non-EU Person,
Relevant Non-EU Share, extracted from the Company's bylaws, are set
out below:
"EU National" means any national of a Member State.
"Member State" means any state that from time to time is, or is
deemed to be, a Member State for the purposes of Regulation (EC) No
1008/2008 of the European Parliament and of the Council of 24
September 2008, on common rules for the operation of air services
in the Community (as amended or readopted), including (for the
avoidance of doubt) any state that is from time to time a member
state of the European Community and/or the European Economic
Area.
Note: as at the date of this announcement, each of the following
states is, or is deemed to be, a Member State for the purposes of
Regulation (EC) No 1008/2008 of the European Parliament and of the
Council of 24 September 2008: Austria; Belgium; Bulgaria; Croatia;
Cyprus; Czech Republic; Denmark; Estonia; Finland; France; Germany;
Greece; Hungary; Iceland; Ireland; Italy; Latvia; Liechtenstein;
Lithuania; Luxembourg; Malta; Netherlands; Norway; Poland;
Portugal; Romania; Slovakia; Slovenia; Spain; Sweden; Switzerland;
and the United Kingdom.
"Relevant Non-EU Person" means:
(i) any individual who is not an EU National;
(ii) any legal person who is incorporated or established under
the laws of any part of, and which has its principal place of
business and central management and control in, or is otherwise
resident in, a country other than a Member State;
(iii) a government or governmental department, agency or body,
otherwise than of a Member State or any part thereof; and/or
(iv) any municipal, local, statutory or other authority or any
undertaking or body formed or established in any country other than
a Member State.
"Relevant Non-EU Share" means any share (other than a share
particulars of which are removed by the Company from the Separate
Non-EU Register pursuant to Article 11.6), held by a Relevant
Non-EU Person or by a Depositary for the benefit of a Relevant
Non-EU Person or in which a Relevant Non-EU Person has an interest
or which is declared by the Company to be a Relevant Non-EU Share
pursuant to Article 11.5.
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
MSCSFASWWESSEEF
(END) Dow Jones Newswires
January 17, 2020 02:33 ET (07:33 GMT)
International Consolidat... (LSE:IAG)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
International Consolidat... (LSE:IAG)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024