FORM 38.5(b) - INTERNATIONAL CONSOLIDATED AIRLI...

FORM 38.5(b) - INTERNATIONAL CONSOLIDATED AIRLINES GROUP

BARCLAYS PLC

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FORM 38.5(b)

IRISH TAKEOVER PANEL

DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY

1. KEY INFORMATION

Name of exempt principal trader:	Â	BARCLAYS CAPITAL SECURITIES LTD
Company dealt in		INTERNATIONAL CONSOLIDATED AIRLINE GROUP S.A
Class of relevant security to which the		€0.50 ordinary shares
dealings being disclosed relate		Â
Date of dealing		9 January 2015

2. INTERESTS AND SHORT POSITIONS

(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2)

Class of relevant security:	Â	Â	Â	ORD
				Interests			Â	Short Positions
Â		Â		Number	Â	(%)		Number	Â	(%)
(1)		Relevant securities owned
				2,735,934		0.13%		4,731,072		0.23%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than options):
				3,601,472		0.18%		1,128,797		0.06%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)
		TOTAL:		6,337,406		0.31%		5,859,869		0.29%
Â		Â		Â		Â		Â		Â
Class of relevant security:		Â		Convertible Bond XS0933556952		Â		Â		Â
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
				4,700,000		1.21%		0		0.00%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than options):
				0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)
		TOTAL:		4,700,000		1.21%		0		0.00%
Â		Â		Â		Â		Â		Â
Class of relevant security:		Â		ADR
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
				0		0.00%		1,565		0.00%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than options):
				0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)
		TOTAL:		0		0.00%		1,565		0.00%

(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)

Class of relevant security:	Â	Long			Â	Short
Â	Â	Number	Â	(%)	Â	Number	Â	(%)
(1) Relevant securities	Â	Â			Â	Â
(2) Derivatives (other than options)	Â	Â			Â	Â
(3) Options and agreements to purchase/sell	Â	Â			Â	Â
Total	Â	Â			Â	Â

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3. DEALINGS (Note 3)

(a) Purchases and sales

Purchase/sale	Â	Number of	Â	Price per unit
Â		securities		Â
Purchase		3		4.7220 GBP
Purchase		4		4.7240 GBP
Purchase		181		4.6460 GBP
Purchase		281		4.6780 GBP
Purchase		323		4.7090 GBP
Purchase		353		4.7260 GBP
Purchase		469		4.7160 GBP
Purchase		492		4.7040 GBP
Purchase		528		4.7301 GBP
Purchase		528		4.7306 GBP
Purchase		560		4.6940 GBP
Purchase		588		4.7296 GBP
Purchase		597		4.6965 GBP
Purchase		628		4.7500 GBP
Purchase		631		4.7340 GBP
Purchase		634		4.6580 GBP
Purchase		642		4.7550 GBP
Purchase		665		4.6750 GBP
Purchase		733		4.6430 GBP
Purchase		754		4.6840 GBP
Purchase		810		4.6790 GBP
Purchase		903		4.6800 GBP
Purchase		951		4.6400 GBP
Purchase		996		4.6970 GBP
Purchase		996		4.7060 GBP
Purchase		1,015		4.6900 GBP
Purchase		1,020		4.6770 GBP
Purchase		1,238		35.2732 USD
Purchase		1,240		4.7290 GBP
Purchase		1,256		4.7300 GBP
Purchase		1,322		4.7305 GBP
Purchase		1,378		4.6810 GBP
Purchase		1,384		4.6823 GBP
Purchase		1,414		4.7050 GBP
Purchase		1,423		4.7270 GBP
Purchase		1,461		4.7295 GBP
Purchase		1,541		4.6410 GBP
Purchase		1,544		4.7000 GBP
Purchase		1,594		4.6990 GBP
Purchase		1,898		6.0055 EUR
Purchase		2,328		4.6960 GBP
Purchase		2,338		4.6440 GBP
Purchase		2,900		5.9940 EUR
Purchase		3,350		4.6920 GBP
Purchase		3,516		4.7310 GBP
Purchase		4,000		6.0077 EUR
Purchase		4,371		4.7388 GBP
Purchase		5,608		4.6880 GBP
Purchase		5,896		4.6963 GBP
Purchase		6,710		4.7029 GBP
Purchase		10,651		4.6565 GBP
Purchase		18,504		5.9931 EUR
Purchase		23,486		4.6803 GBP
Purchase		26,641		4.6658 GBP
Purchase		26,921		4.6987 GBP
Purchase		34,410		4.6943 GBP
Purchase		37,279		4.6813 GBP
Purchase		38,116		6.0439 EUR
Purchase		54,772		5.9563 EUR
Purchase		79,989		4.6835 GBP
Purchase		89,877		4.7162 GBP
Purchase		89,979		4.6544 GBP
Purchase		113,195		4.6862 GBP
Purchase		138,682		5.9877 EUR
Purchase		157,989		4.7008 GBP
Purchase		200,252		4.6756 GBP
Purchase		423,889		4.6972 GBP
Sale		3		4.7220 GBP
Sale		4		4.7240 GBP
Sale		181		4.6460 GBP
Sale		281		4.6780 GBP
Sale		311		4.6892 GBP
Sale		317		4.6580 GBP
Sale		323		4.7090 GBP
Sale		353		4.7260 GBP
Sale		469		4.7160 GBP
Sale		492		4.7040 GBP
Sale		528		4.7301 GBP
Sale		528		4.7306 GBP
Sale		560		4.6940 GBP
Sale		588		4.7296 GBP
Sale		628		4.7500 GBP
Sale		631		4.7340 GBP
Sale		642		4.7550 GBP
Sale		665		4.6750 GBP
Sale		733		4.6430 GBP
Sale		754		4.6840 GBP
Sale		810		4.6790 GBP
Sale		903		4.6800 GBP
Sale		951		4.6400 GBP
Sale		996		4.6970 GBP
Sale		996		4.7060 GBP
Sale		1,015		4.6900 GBP
Sale		1,020		4.6770 GBP
Sale		1,238		35.2732 USD
Sale		1,240		4.7290 GBP
Sale		1,244		4.6961 GBP
Sale		1,256		4.7300 GBP
Sale		1,322		4.7305 GBP
Sale		1,378		4.6810 GBP
Sale		1,384		4.6965 GBP
Sale		1,414		4.7050 GBP
Sale		1,423		4.7270 GBP
Sale		1,461		4.7295 GBP
Sale		1,541		4.6410 GBP
Sale		1,544		4.7000 GBP
Sale		1,594		4.6990 GBP
Sale		1,621		5.9729 EUR
Sale		2,328		4.6960 GBP
Sale		2,338		4.6440 GBP
Sale		2,745		4.7310 GBP
Sale		3,296		4.6641 GBP
Sale		4,704		4.6730 GBP
Sale		5,130		4.7032 GBP
Sale		6,009		4.6927 GBP
Sale		6,366		4.6776 GBP
Sale		7,611		5.9630 EUR
Sale		8,961		4.6766 GBP
Sale		9,297		5.9981 EUR
Sale		10,370		5.9609 EUR
Sale		12,384		4.6830 GBP
Sale		20,772		4.6729 GBP
Sale		34,717		6.0499 EUR
Sale		36,829		4.6962 GBP
Sale		176,752		5.9808 EUR
Sale		200,000		4.7208 GBP
Sale		250,000		4.6702 GBP

(b) Derivatives transactions (other than options transactions)

Product	Â	Nature of transaction	Â	Number of relevant securities	Â	Price per unit
name		Â		Â		Â
SWAP		Long		200		4.7574 GBP
CFD		Long		1,000		4.7175 GBP
CFD		Long		17,174		4.6765 GBP
SWAP		Long		34,614		4.6926 GBP
CFD		Short		1,905		4.6962 GBP
SWAP		Short		3,500		4.7264 GBP
CFD		Short		5,608		4.6881 GBP
CFD		Short		8,651		4.7221 GBP
CFD		Short		18,504		5.9931 EUR
CFD		Short		23,486		4.6803 GBP
CFD		Short		26,641		4.6658 GBP
CFD		Short		37,279		4.6813 GBP
SWAP		Short		38,787		4.6897 GBP
SWAP		Short		45,000		4.6509 GBP
CFD		Short		60,962		4.6495 GBP
SWAP		Short		89,979		4.6544 GBP
CFD		Short		148,279		4.7132 GBP
SWAP		Short		305,341		4.6954 GBP

(c) Options transactions in respect of existing relevant securities

(i) Writing, selling, purchasing or varying

Product name, e.g. call option

Â

Writing, selling, purchasing, varying etc.

Â

Number of securities to which the option relates (Note 7)

Â

Exercise price

Â

Type, e.g. American, European etc.

Â

Expiry date

Â

Option money paid/received per unit (Note 4)

(ii) Exercising

Product name, e.g. call option

Â

Number of securities

Â

Exercise price per unit (Note 4)

(d) Other dealings (including transactions in respect of new securities) (Note 3)

Nature of transaction (Note 7)

Â

Details

Â

Price per unit (if applicable) (Note 4)

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4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Is a Supplemental Form 38.5(b) attached?	Â	NO
Date of disclosure:		12 Jan 2015
Contact name:		Rajesh Muthanna
Telephone number:		020 3555 4634
Name of offeree/offeror with which connected		INTERNATIONAL CONSOLIDATED AIRLINE GROUP S.A
Nature of connection		Corporate Broker