5th Mar 2025 11:20
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)
|
| ||||
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 | ||||
Related Shares:
International Airlines