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

Form 38.5(b) - INTERNATIONAL CONSOLIDATED AIRLINE SA

BARCLAYS PLC

Ap27

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 SA
Â		Â
Class of relevant security to which the dealings being disclosed relate (Note 1)		€0.50 ordinary shares
Â		Â
Date of dealing		18 December 2014

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	Long			Â	Short
Â	Â	Â		Number	Â	(%)		Number	Â	(%)
(1)		Relevant securities
				2,984,183		0.15%		4,582,529		0.22%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		3,785,586		0.19%		1,543,408		0.08%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,838,000		0.09%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)
		TOTAL:		8,607,769		0.42%		6,125,937		0.30%

(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

Number

Â

Â

Â

(%)

Number

Â

Â

Â

(%)

(1) Relevant securities

Â

Â

(2) Derivatives (other than options)

Â

Â

(3) Options and agreements to purchase/sell

Â

Â

Total

Â

Â

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3. DEALINGS (Note 3)

(a) Purchases and sales

Purchase/sale	Â	Number of relevant securities	Â	Price per unit (Note 4)
Â		Â		Â
Purchase		164		4.5860 GBP
Purchase		181		4.4820 GBP
Purchase		281		4.6120 GBP
Purchase		282		4.4860 GBP
Purchase		360		4.5440 GBP
Purchase		383		4.6240 GBP
Purchase		406		4.5930 GBP
Purchase		419		5.6860 EUR
Purchase		506		4.5730 GBP
Purchase		541		4.5990 GBP
Purchase		589		4.4802 GBP
Purchase		655		4.4746 GBP
Purchase		655		4.4796 GBP
Purchase		655		4.5390 GBP
Purchase		671		4.5110 GBP
Purchase		674		4.4731 GBP
Purchase		677		4.5830 GBP
Purchase		722		4.4735 GBP
Purchase		786		4.5870 GBP
Purchase		792		4.5840 GBP
Purchase		801		4.5004 GBP
Purchase		808		5.7762 EUR
Purchase		821		5.6900 EUR
Purchase		846		4.6070 GBP
Purchase		902		4.5130 GBP
Purchase		902		4.5134 GBP
Purchase		907		4.5100 GBP
Purchase		964		4.5780 GBP
Purchase		1,048		4.4810 GBP
Purchase		1,187		4.5720 GBP
Purchase		1,204		4.4830 GBP
Purchase		1,207		4.5530 GBP
Purchase		1,228		4.6140 GBP
Purchase		1,332		4.6130 GBP
Purchase		1,483		4.6230 GBP
Purchase		1,572		4.5690 GBP
Purchase		1,589		4.6190 GBP
Purchase		1,732		4.6200 GBP
Purchase		1,982		4.6050 GBP
Purchase		2,121		4.5960 GBP
Purchase		2,256		4.6060 GBP
Purchase		2,286		4.6150 GBP
Purchase		2,465		4.5509 GBP
Purchase		2,470		4.5150 GBP
Purchase		2,923		4.6170 GBP
Purchase		2,958		4.5000 GBP
Purchase		3,008		4.6160 GBP
Purchase		3,464		4.4930 GBP
Purchase		3,680		4.6080 GBP
Purchase		3,801		4.6030 GBP
Purchase		3,828		4.4710 GBP
Purchase		4,005		4.5532 GBP
Purchase		4,480		4.5616 GBP
Purchase		5,249		4.6220 GBP
Purchase		5,375		4.4700 GBP
Purchase		5,680		4.5516 GBP
Purchase		6,515		4.5310 GBP
Purchase		9,910		4.6350 GBP
Purchase		9,959		4.4750 GBP
Purchase		10,417		4.4964 GBP
Purchase		10,550		5.7444 EUR
Purchase		11,552		4.4720 GBP
Purchase		11,715		4.5120 GBP
Purchase		12,467		5.7225 EUR
Purchase		12,572		4.4827 GBP
Purchase		12,984		5.9000 EUR
Purchase		13,510		4.4740 GBP
Purchase		13,696		4.5649 GBP
Purchase		13,816		4.4730 GBP
Purchase		15,125		5.7772 EUR
Purchase		18,436		4.4780 GBP
Purchase		18,949		4.4690 GBP
Purchase		19,884		4.4770 GBP
Purchase		20,744		4.4896 GBP
Purchase		21,516		5.6883 EUR
Purchase		21,830		5.7901 EUR
Purchase		21,964		4.4790 GBP
Purchase		24,765		4.5064 GBP
Purchase		28,957		4.4760 GBP
Purchase		28,993		4.5943 GBP
Purchase		36,650		4.6184 GBP
Purchase		37,061		4.6171 GBP
Purchase		38,549		4.4800 GBP
Purchase		46,325		4.5154 GBP
Purchase		46,982		4.5691 GBP
Purchase		49,686		4.5788 GBP
Purchase		51,483		4.6156 GBP
Purchase		60,306		5.7082 EUR
Purchase		63,675		4.5370 GBP
Purchase		69,253		4.5394 GBP
Purchase		107,426		5.7539 EUR
Purchase		170,980		5.8876 EUR
Purchase		180,693		4.5280 GBP
Purchase		303,276		5.7755 EUR
Purchase		376,978		4.5610 GBP
Sale		77		4.6048 GBP
Sale		162		4.4730 GBP
Sale		164		4.5860 GBP
Sale		181		4.4820 GBP
Sale		257		4.5005 GBP
Sale		281		4.6120 GBP
Sale		282		4.4860 GBP
Sale		360		4.5440 GBP
Sale		383		4.6240 GBP
Sale		406		4.5930 GBP
Sale		506		4.5730 GBP
Sale		534		4.5413 GBP
Sale		541		4.5990 GBP
Sale		655		4.4710 GBP
Sale		655		4.4746 GBP
Sale		655		4.4750 GBP
Sale		655		4.4796 GBP
Sale		655		4.5390 GBP
Sale		671		4.5110 GBP
Sale		674		4.4731 GBP
Sale		677		4.5830 GBP
Sale		709		4.5310 GBP
Sale		722		4.4735 GBP
Sale		740		4.4740 GBP
Sale		786		4.5870 GBP
Sale		792		4.5840 GBP
Sale		801		4.5004 GBP
Sale		846		4.6070 GBP
Sale		902		4.5130 GBP
Sale		902		4.5134 GBP
Sale		907		4.5100 GBP
Sale		964		4.5780 GBP
Sale		998		5.6760 EUR
Sale		1,048		4.4810 GBP
Sale		1,152		4.5621 GBP
Sale		1,187		4.5720 GBP
Sale		1,204		4.4830 GBP
Sale		1,207		4.5530 GBP
Sale		1,228		4.6140 GBP
Sale		1,332		4.6130 GBP
Sale		1,395		4.4760 GBP
Sale		1,479		5.8818 EUR
Sale		1,483		4.6230 GBP
Sale		1,572		4.5690 GBP
Sale		1,589		4.6190 GBP
Sale		1,718		4.5896 GBP
Sale		1,732		4.6200 GBP
Sale		1,859		4.4770 GBP
Sale		2,137		4.6050 GBP
Sale		2,256		4.6060 GBP
Sale		2,286		4.6150 GBP
Sale		2,470		4.5150 GBP
Sale		2,702		4.4790 GBP
Sale		2,923		4.6170 GBP
Sale		2,934		4.4780 GBP
Sale		2,958		4.5000 GBP
Sale		3,008		4.6160 GBP
Sale		3,133		4.4800 GBP
Sale		3,389		5.7392 EUR
Sale		3,464		4.4930 GBP
Sale		3,680		4.6080 GBP
Sale		3,801		4.6030 GBP
Sale		4,342		5.7258 EUR
Sale		5,225		4.4690 GBP
Sale		5,249		4.6220 GBP
Sale		5,375		4.4700 GBP
Sale		5,503		4.4720 GBP
Sale		5,622		4.5116 GBP
Sale		6,000		5.6894 EUR
Sale		6,850		4.5254 GBP
Sale		8,000		4.6209 GBP
Sale		8,732		5.7400 EUR
Sale		9,634		5.8753 EUR
Sale		10,036		4.5626 GBP
Sale		13,100		4.5614 GBP
Sale		14,676		4.6000 GBP
Sale		17,412		4.4871 GBP
Sale		17,825		4.5696 GBP
Sale		19,101		4.5951 GBP
Sale		21,322		5.9000 EUR
Sale		26,745		4.5236 GBP
Sale		26,752		4.5066 GBP
Sale		28,350		4.5343 GBP
Sale		32,979		5.7930 EUR
Sale		36,081		4.5847 GBP
Sale		37,751		4.6018 GBP
Sale		58,492		4.5616 GBP
Sale		64,583		4.5209 GBP
Sale		75,000		4.4870 GBP
Sale		90,807		4.5965 GBP
Sale		109,597		5.8179 EUR
Sale		150,942		4.5960 GBP
Sale		222,017		4.5447 GBP
Sale		256,540		5.8262 EUR
Sale		284,167		5.7445 EUR
Purchase (ADR)		12		36.3475 USD
Sale(ADR)		12		36.3475 USD

(b) Derivatives transactions (other than options transactions)

Product name, e.g. CFD	Â	Nature of transaction (Note 5)	Â	Number of relevant securities (Note 6)	Â	Price per unit (Note 4)
							Â
Â		Â		Â		Â
CFD		Long		1,479		5.8818 EUR
CFD		Long		2,911		4.4991 GBP
CFD		Long		3,838		4.4820 GBP
SWAP		Long		6,332		4.5788 GBP
CFD		Long		8,465		5.5970 EUR
CFD		Long		9,634		4.6117 GBP
CFD		Long		12,329		4.5002 GBP
CFD		Long		16,190		4.6123 GBP
SWAP		Long		16,353		4.6349 GBP
SWAP		Long		21,786		4.5905 GBP
SWAP		Long		28,151		4.5418 GBP
CFD		Long		28,350		4.5344 GBP
CFD		Long		37,751		4.6018 GBP
SWAP		Long		40,152		4.5810 GBP
SWAP		Long		73,300		4.6154 GBP
CFD		Long		78,478		4.6116 GBP
CFD		Short		808		5.7762 EUR
CFD		Short		2,465		4.5509 GBP
CFD		Short		2,600		4.6072 GBP
CFD		Short		5,680		4.5516 GBP
CFD		Short		8,465		5.5970 EUR
SWAP		Short		12,572		4.4827 GBP
CFD		Short		9,070		4.6224 GBP
SWAP		Short		24,472		4.5830 GBP
CFD		Short		31,808		4.5802 GBP
SWAP		Short		36,650		4.6184 GBP
SWAP		Short		42,344		4.5207 GBP
CFD		Short		46,982		4.5691 GBP
SWAP		Short		59,540		4.5217 GBP
SWAP		Short		155,435		4.5216 GBP
SWAP		Short		183,763		4.5527 GBP
CFD		Short		174,717		4.5683 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? (Note 8)	Â	YES
Â		Â
Date of disclosure:		19 December 2014
Contact name:		Rajesh Muthanna
Telephone number:		020 3555 4634
Name of offeree/offeror with which connected		INTERNATIONAL CONSOLIDATED AIRLINES GROUP SA
Nature of connection (Note 9)		Corporate Broker

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SUPPLEMENTAL FORM 38.5(b)

IRISH TAKEOVER PANEL

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

DETAILS OF OPEN POSITIONS

(This form should be attached to Form 38.5(b)) OPEN POSITIONS (Note 1)

Product	Â	Written or purchased	Â	Number of relevant securities to which the option or derivative relates	Â	Exercise price (Note 2)	Â	Type, e.g. American, European etc.	Â	Expiry date
description
Â		Â		Â		Â		Â		Â
Put Options		Written		928,000		280.0000		American		19 Dec 2014
Put Options		Written		910,000		300.0000		American		19 Dec 2014

Notes

1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given. Full details of any existing agreements to purchase or to sell must also be given on this form.

2. For all prices and other monetary amounts, the currency must be stated.

For full details of disclosure requirements, see Rules 8 and

38.5 of the Rules. If in doubt, consult the Panel.