International Cons Airlines Group Director/PDMR Shareholding
March 05 2025 - 5:20AM
RNS Regulatory News
RNS Number : 4534Z
International Cons Airlines Group
05 March 2025
NOTIFICATION AND PUBLIC DISCLOSURE OF
TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND
PERSONS CLOSELY ASSOCIATED WITH THEM
International Consolidated Airlines
Group, S.A. ("IAG" or 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
and national insurance liabilities) following the vesting of the
second tranche of the awards made in December 2022 under the IAG
Executive Share Plan (ESP) to Sarah Clements. This is part of
the buy-out awards made to compensate for loss of bonus and long
term share awards at Sarah's previous employer, on a fair and
equivalent basis to those forfeited.
Further information in relation to
IAG share plans is in the Company's 2024 Directors' Remuneration
Report, which can be accessed online at www.iairgroup.com.
This announcement is made in
accordance with Article 19 of the MAR.
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Sarah Clements
|
2
|
Reason for the notification
|
a)
|
Position/status
|
General Counsel
|
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
|
|
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 0.10 euro
each
ES0177542018
|
b)
|
Nature of the transaction
|
The acquisition of shares (after the
automatic settlement of income tax and national insurance
liabilities) following the vesting of awards granted on 6 December
2022
|
c)
|
Price(s) and volume(s)
|
Price
|
Volume
|
£3.387
|
39,729
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Not applicable
|
e)
|
Date of the transaction
|
28 February 2025
|
f)
|
Place of the transaction
|
Outside a trading venue
|
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END
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