TIDMIAG

RNS Number : 8404R

International Cons Airlines Group

10 March 2021

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 acquisition of shares (after the automatic settlement of income tax / national insurance liabilities) following the vesting of awards granted in May 2018 under the Company's Incentive Award Deferral Plan.

This share plan is more fully described in the Company's 2020 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com .

This announcement is made in accordance with Article 19.3 of MAR.

 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 
   a)     Name                              *    Luis Gallego 
 
 
                                            *    Adam Daniels 
 
 
                                            *    Fernando Candela 
 
 
                                            *    Sean Doyle 
 
 
                                            *    Lynne Embleton 
 
 
                                            *    Steve Gunning 
 
 
                                            *    Chris Haynes 
 
 
                                            *    Javier Sanchez-Prieto 
 
 
                                            *    Marco Sansavini 
 
 
                                            *    Julia Simpson 
       ---------------------  ---------------------------------------------------------- 
 2      Reason for the notification 
       --------------------------------------------------------------------------------- 
 
   a)     Position/status        Persons Discharging Managerial Responsibilities 
                                 (PDMRs) 
                                           Name             Position 
                                    Luis Gallego            Executive Director 
                                    Adam Daniels            Chairman and CEO IAG Loyalty 
                                    Fernando Candela        Chief Transformation Officer 
                                     Sean Doyle              CEO British Airways 
                                     Lynne Embleton          Chairman and CEO IAG Cargo 
                                    Steve Gunning           Chief Financial Officer 
                                    Chris Haynes            General Counsel 
                                    Javier Sanchez-Prieto   Chairman and CEO Iberia 
                                    Marco Sansavini         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 0.10 euro each 
          instrument, 
          type of instrument 
                                 ES0177542018 
          Identification 
          code 
       ---------------------  -------------------------------------------------- 
 b)     Nature of              Acquisition of shares following the vesting of 
         the transaction        conditional awards granted in May 2018 under the 
                                Incentive Award Deferral Plan (IADP) 
       ---------------------  -------------------------------------------------- 
                                                                  IADP 
   c)     Price(s)                                         Price(s)   Volume(s) 
          and volume(s)                                       GBP 
                                                          ---------  ---------- 
                                  Luis Gallego               2.10      79,760 
                                                          ---------  ---------- 
                                  Adam Daniels               2.10       8,868 
                                                          ---------  ---------- 
                                  Lynne Embleton             2.10      30,995 
                                                          ---------  ---------- 
                                  Fernando Candela           2.10      17,935 
                                                          ---------  ---------- 
                                  Sean Doyle                 2.10       8,031 
                                                          ---------  ---------- 
                                  Steve Gunning              2.10      37,780 
                                                          ---------  ---------- 
                                  Chris Haynes               2.10      30,105 
                                                          ---------  ---------- 
                                  Javier Sanchez-Prieto      2.10      48,063 
                                                          ---------  ---------- 
                                  Marco Sansavini            2.10      20,459 
                                                          ---------  ---------- 
                                  Julia Simpson              2.10      22,559 
                                                          ---------  ---------- 
       ---------------------  -------------------------------------------------- 
 d)     Aggregated 
         information 
 
         - Aggregated            Not applicable 
         volume 
         - Price 
       ---------------------  -------------------------------------------------- 
 e)     Date of the            8 March 2021 
         transaction 
       ---------------------  -------------------------------------------------- 
 f)     Place of               Outside a trading venue 
         the transaction 
       ---------------------  -------------------------------------------------- 
 

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March 10, 2021 10:00 ET (15:00 GMT)