Holding(s) in Company

RNS Number : 0657G

British Airways PLC

16 October 2008

 



For filings with the FSA include the annex For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		British Airways Plc
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights			Yes
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached			No
An event changing the breakdown of voting rights			No
Other (please specify):______________			No
3. Full name of person(s) subject to notification obligation:	Iberia Líneas Aéreas de España S.A.
4. Full name of shareholder(s) (if different from 3):
5. Date of transaction (and date on which the threshold is crossed or reached if different):	14 October 2008
6. Date on which issuer notified:	15 October 2008
7. Threshold(s) that is/are crossed or reached:	8%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code Ordinary shares 25p GB0001290575	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares 84,151,336	Number of voting rights 84,151,336	Number of shares 93,051,336	Number of voting rights		Percentage of voting rights
				Direct 93,051,336	Indirect /	Direct 8,07%	Indirect /

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
N/A	N/A	N/A	N/A	N/A

Total (A+B)
Number of voting rights	Percentage of voting rights
93,051,336	8,07%

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

Proxy Voting:
10. Name of proxy holder:	N/A
11. Number of voting rights proxy holder will cease to hold:	N/A
12. Date on which proxy holder will cease to hold voting rights:	N/A

13. Additional information:	On 14 October 2008, the 8% voting threshold was crossed as a result of an acquisition of shares which increased Iberia's holding to 8,07%.
14 Contact name:	Ignacio de Torres Zabala
15. Contact telephone name:	+ 34 91 587 75 78

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

Alan Buchanan

Company Secretary

British Airways Plc

020 8738 5119

 

END

 

 

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