Rule 8.1- british airways ord

RNS Number : 0456K

British Airways PLC

12 December 2008

 



                             FORM 8.1                        

DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES

FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

(Rules 8.1(a) and (b)(i) of the Takeover Code)

1.    KEY INFORMATION

Name of person dealing (Note 1)	British Airways Employee Benefits Trust (Jersey) Limited
Company dealt in	British Airways Plc
Class of relevant security to which the dealings being disclosed relate (Note 2)	Ordinary shares of 25 pence
Date of dealing	11 December, 2008

2.    INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)    Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)

	Long	Short
	Number (%)	Number (%)
(1) Relevant securities	2,351,008 ordinary shares of 25 pence (0.20% of the issued share capital)
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell
Total	2,351,008 ordinary shares of 25 pence (0.20% of the issued share capital)

(b)    Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

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

(c)    Rights to subscribe (Note 3)

Class of relevant security:	Details

3.    DEALINGS (Note 4)

(a)    Purchases and sales

Purchase/sale	Number of securities	Price per unit (Note 5)

(b)    Derivatives transactions (other than options)

Product name,  e.g. CFD	Long/short (Note 6)	Number of securities (Note 7)	Price per unit (Note 5)

(c)    Options transactions in respect of existing securities

(i)    Writing, selling, purchasing or varying

Product name, e.g. call option	Writing, selling, purchasing, varying etc.	Number of securities to which the option relates (Note 7)	Exercise price	Type, e.g. American, European etc.	Expiry  date	Option money paid/received per unit (Note 5)

(ii)    Exercising

Product name, e.g. call option	Number of securities	Exercise price per unit (Note 5)

(d)    Other dealings (including new securities) (Note 4)

Nature of transaction (Note 8)	Details	Price per unit (if applicable) (Note 5)
Release of shares to an employee to satisfy a pre-existing obligation of the Issuer	53,191 shares transferred to Tony McCarthy on 11 December, 2008	nil

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 8 attached? (Note 9)                NO

Date of disclosure	11 December, 2008
Contact name	Alan Buchanan
Telephone number	020 8738 6877
Name of offeree/offeror with which associated	British Airways Plc
Specify category and nature of associate status (Note 10)	Subsidiary of Offeree

Notes

The Notes on Form 8.1 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

 

END

 

 

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