Holding(s) in Company

RNS Number : 9635A
British Airways PLC
08 August 2008
 




TR-1(i)NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):

British Airways Plc


2. Reason for the notification (please place an X inside the appropriate bracket/s):


An acquisition or disposal of voting rights: ( X )


An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )


An event changing the breakdown of voting rights: ( )


Other (please specify) : ( )


3. Full name of person(s) subject to the notification obligation (iii):


Lehman Brothers International (Europe)


4. Full name of shareholder(s) (if different from 3.) (iv):


5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

    5 August 2008


6. Date on which issuer notified:

8 August 2008


7. Threshold(s) that is/are crossed or reached:

3%


8. Notified details:

……………..


A: Voting rights attached to shares


Class/type of shares if possible using the ISIN CODE

Situation previous to the Triggering transaction (vi)



Number of shares

Number of voting Rights (viii)

Ordinary Shares 25p GB0001290575 

Below 3%

Below 3%


Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE

Number of shares 

Number of voting rights (ix)

% of voting rights




Direct (x)

Indirect (xi)

Direct

Indirect

Ordinary Shares 25p

34,934,142

34,934,142


3.03%



B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of financial instrument

Expiration Date (xiii)



Exercise/Conversion Period/ Date (xiv)


Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights



Call Option

December 2009


1,919,616

0.17

Call Option

June 2010


3,171,806

0.27


Total (A+B)

Number of voting rights

% of voting rights

34,934,142

3.03%


9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):





Proxy Voting:


10. Name of the proxy holder:

……………..


11. Number of voting rights proxy holder will cease to hold:

……………..


12. Date on which proxy holder will cease to hold voting rights:

……………..


13. Additional information:

……………..


14. Contact name:

Olanike Bola-Lateef


15. Contact telephone number:

+44 (0) 7102 8709

……………..




---------------------------------

Alan Buchanan

Company Secretary

British Airways Plc

020 8738 5119


This information is provided by RNS
The company news service from the London Stock Exchange
 
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