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
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
These share plans are more fully described in the Company's 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.
1
Details of the person discharging managerial responsibilities / person closely associated
a)Name
2 Reason for the notification a) Position/status
Persons Discharging Managerial Responsibilities (PDMR) / Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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
ES0177542018
b) Nature of the transaction
Acquisition of shares following the exercise of nil-cost options granted in
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP2.026 45,648
d) Aggregated information
Aggregated volume Price Not applicable
e) Date of the transaction
f) Place of the transaction
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