International Cons Airlines Group Director/PDMR Shareholding (1592U)
March 31 2021 - 9:09AM
UK Regulatory
TIDMIAG
RNS Number : 1592U
International Cons Airlines Group
31 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 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 and
March 2016 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 was that for the 2015 award 66.67 per cent
of the award vested, and for the 2016 award was that 46.19 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 Adam Daniels
--------------------- ------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Persons Discharging Managerial Responsibilities
(PDMR) / Chairman and Chief Executive IAG
Loyalty
--------------------- ------------------------------------------------
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 exercise
the transaction of nil-cost options granted in May 2015 and
March 2016 under the Performance Share Plan
(PSP)
--------------------- ------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) 1.989 34,908
----------
--------------------- ------------------------------------------------
d) Aggregated
information
- Aggregated Not applicable
volume
- Price
--------------------- ------------------------------------------------
e) Date of the 30 March 2021
transaction
--------------------- ------------------------------------------------
f) Place of London
the transaction
--------------------- ------------------------------------------------
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
/ social securities liabilities) following the end of the two-year
holding period of the nil-cost options granted in May 2015 and
March 2016 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 was that for the 2015 award 66.67 per cent
of the award vested, and for the 2016 award was that 46.19 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 Sean Doyle
--------------------- ------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Persons Discharging Managerial Responsibilities
(PDMR) / Chief Executive British Airways
--------------------- ------------------------------------------------
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 exercise
the transaction of nil-cost options granted in May 2015 and
March 2016 under the Performance Share Plan
(PSP)
--------------------- ------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) 2.017 23,774
----------
--------------------- ------------------------------------------------
d) Aggregated
information
- Aggregated Not applicable
volume
- Price
--------------------- ------------------------------------------------
e) Date of the 30 March 2021
transaction
--------------------- ------------------------------------------------
f) Place of London
the transaction
--------------------- ------------------------------------------------
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
/ social securities liabilities) following the end of the two-year
holding period of the nil-cost options granted in May 2015 and
March 2016 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 was that for the 2015 award 66.67 per cent
of the award vested, and for the 2016 award was that 46.19 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 Julia Simpson
--------------------- ------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Persons Discharging Managerial Responsibilities
(PDMR) / 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 exercise
the transaction of nil-cost options granted in May 2015 and
March 2016 under the Performance Share Plan
(PSP)
--------------------- ------------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) 1.967 70,503
----------
--------------------- ------------------------------------------------
d) Aggregated
information
- Aggregated Not applicable
volume
- Price
--------------------- ------------------------------------------------
e) Date of the 30 March 2021
transaction
--------------------- ------------------------------------------------
f) Place of London
the transaction
--------------------- ------------------------------------------------
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