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viewInternational Consolidated Airlines Group

Intl Con Airline Grp - Director/PDMR Shareholding

RNS Number : 4714F
International Cons Airlines Group
09 March 2020
 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Stephen Gunning

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR / Chief Financial Officer

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

 

 

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 instrument, type of instrument

 

Identification code

 

 

Ordinary shares of 0.50 euro each

 

 

ES0177542018

b)

 

Nature of the transaction

 

 

Share purchase into an ISA

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

£4.571

5,577

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A

 

 

e)

 

Date of the transaction

 

 

4 March 2020

f)

 

Place of the transaction

 

London

 

 

 

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Joanne Gunning

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Person Closely Associated with Stephen Gunning, PDMR/Chief Financial Officer

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

 

 

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 instrument, type of instrument

 

Identification code

 

 

Ordinary shares of 0.50 euro each

 

 

ES0177542018

b)

 

Nature of the transaction

 

 

Share purchase into an ISA

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

£4.572

5,030

£4.562

59

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

5,089

 

£4.567

 

e)

 

Date of the transaction

 

 

4 March 2020

f)

 

Place of the transaction

 

London

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Stephen Gunning

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR / Chief Financial Officer

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

 

 

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 instrument, type of instrument

 

Identification code

 

 

Ordinary shares of 0.50 euro each

 

 

ES0177542018

b)

 

Nature of the transaction

 

 

Share purchase

c)

 

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

£4.283

5,836

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A

 

 

e)

 

Date of the transaction

 

 

5 March 2020

f)

 

Place of the transaction

 

London

 

 

 

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 settlement of income tax / national insurance liabilities) following the end of the two-year holding period of the nil-cost options granted in May 2015 under the Company's Performance Share Plan.

 

One-third of the award was subject to Total Shareholder Return (TSR) performance condition measured against an index, one-third was subject to Earnings Per Share (EPS) and the final third was subject to Return on Invested Capital (RoiC).  The outcome of these performance conditions, tested at the end of the performance period which began on 1 January 2015 and ended on 31 December 2017, was that 66.67 per cent of the award vested with the remaining shares lapsing.

These share plans are more fully described in the Company's 2018 and 2019 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.

 

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

 

IAG Shareholder Services

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Stephen Gunning

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Persons Discharging Managerial Responsibilities (PDMR) / Chief Financial Officer

 

 

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

 

 

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 instrument, type of instrument

 

Identification code

 

 

 

Ordinary shares of 0.50 euro each

 

 

ES0177542018

b)

 

Nature of the transaction

 

 

Acquisition of shares following the exercise of nil-cost options granted in May 2015 under the Performance Share Plan (PSP)

 

 

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£4.334

34,219

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Not applicable

e)

 

Date of the transaction

 

 

5 March 2020

f)

 

Place of the transaction

 

 

London

 

 


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 [email protected] or visit www.rns.com.
 
END
 
 
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Quick facts: International Consolidated Airlines Group

Price: 228.5

Market: LSE
Market Cap: £4.54 billion
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