Holding(s) in Company

RNS Number : 5672D
British Airways PLC
03 December 2009
 



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 tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

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

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):


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


BlackRock, Inc.

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:
 v

1st December 2009

6. Date on which issuer notified:

3rd December 2009

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

Holding has gone above 13%

  

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering

transaction

Resulting situation after the triggering transaction

Number
of

Shares

Number
of

Voting

Rights

Number
of shares

Number of voting
rights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect


GB0001290575 


104,967,505

104,967,505

N/A

N/A

145,314,662

N/A

12.60 %


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date 
xiii

Exercise/ 
Conversion Period 
xiv

Number of voting
rights that may be

acquired if the

instrument is

exercised/ converted.

% of voting
rights


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period 
xviii

Number of voting rights instrument refers to


% of voting rights xix, xx


CFD

N/A

N/A

N/A


9,983,773


Nominal

Delta

0.87%


Convertible Bond

GBP 189

13th August 2014

23rd September 2009 to COB 7 Calendar days prior to the Maturity Date

4,534,396

0.39%



Total (A+B+C)

Number of voting rights

Percentage of voting rights

159,832,831

13.86%

  

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


On 1 December 2009, the Barclays Global Investors (BGI) business was acquired by BlackRock, Inc. The combined holdings of BlackRock, Inc following this acquisition triggered this disclosure requirement.


BlackRock Investment Management (UK) Limited - 159,832,831 (13.86%)


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:



BlackRock Compliance Disclosures Team

14. Contact name:

Stuart Watchorn

15. Contact telephone number:

020 7743 5741; stuart.watchorn@blackrock.com

  ---------------------------------

Alan Buchanan

Company Secretary

British Airways Plc



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