12th Jun 2013 16:04
RNS Number : 9145G
International Cons Airlines Group
12 June 2013
SURRENDER OF OPTION
International Consolidated Airlines Group, S.A ("IAG") discloses that Keith Williams surrendered an option under the British Airways Plc Long Term Incentive Plan 1996 on 6 June 2013.
The option was granted in June 2006 and was over 46,631 IAG shares. The exercise price was nil.
IAG has agreed to pay Keith Williams the sum of £119,841.67 for the surrender which is the closing price of an IAG Share (CDI) on 11 June 2013 £2.57 multiplied by the number of IAG shares subject to the option.
Notification is made under Disclosure Rule 3.1.4.
IAG Investor Relations
12 June 2013
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