RNS Number : 4892S

International Cons Airlines Group

11 March 2019

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 automatic settlement of income tax / national insurance liabilities) following the vesting of awards granted in March 2016 under the Company's Incentive Award Deferral Plan.

This share plan is more fully described in the Company's 2018 Directors' Remuneration Report, which can be accessed online at www.iairgroup.com.

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

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

·      William Walsh

·      Enrique Dupuy De Lôme

·      Robert Boyle

·      Andrew Crawley

·      Alex Cruz

·      Sean Doyle

·      Lynne Embleton

·      Luis Gallego

·      Steve Gunning

·      Chris Haynes

·      Javier Sanchez-Prieto

·      Julia Simpson

2

Reason for the notification

a)

Position/status

Persons Discharging Managerial Responsibilities (PDMRs)

Name	Position
William Walsh	Executive Director
Enrique Dupuy De Lôme	Executive Director
Robert Boyle	Director of Strategy
Andrew Crawley	CEO Avios
Alex Cruz	Chairman and CEO British Airways
Sean Doyle	CEO Aer Lingus
Lynne Embleton	CEO IAG Cargo
Luis Gallego	Chairman and CEO Iberia
Steve Gunning	Chief Financial Officer of British Airways
Chris Haynes	General Counsel
Javier Sanchez-Prieto	Chairman and CEO Vueling
Julia Simpson	Chief of Staff

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 vesting of conditional awards granted in March 2016 under the Incentive Award Deferral Plan (IADP)

c)

Price(s) and volume(s)

	IADP
	Price(s) £	Volume(s)
William Walsh	5.54	74,346
Enrique Dupuy De Lôme	5.54	26,418
Robert Boyle	5.54	23,084
Andrew Crawley	5.54	7,324
Alex Cruz	5.54	22,782
Sean Doyle	5.54	2,755
Lynne Embleton	5.54	8,637
Luis Gallego	5.54	34,802
Steve Gunning	5.54	19,270
Chris Haynes	5.54	12,684
Javier Sanchez-Prieto	5.54	10,121
Julia Simpson	5.54	12,805

d)

Aggregated information

- Aggregated volume

- Price

Not applicable

e)

Date of the transaction

7 March 2019

f)

Place of the transaction

Outside a trading venue

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