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

FORM 38.5(b) - INTERNATIONAL CONSOLIDATED AIRLINE GROUP S.A

BARCLAYS PLC

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 GROUP S.A
Class of relevant security to which the dealings being disclosed relate (Note 1)		€0.05 ordinary shares
Date of dealing		30 DEC 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	Â	Â	ORD	Â	Â	Â	Â	Â	Â
				Interests		Â		Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
				2,428,230		0.12%		4,923,602		0.24%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than options):
				3,765,733		0.18%		819,295		0.04%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)
		TOTAL:		6,193,963		0.30%		5,742,897		0.28%
											Â
Class of relevant security:		Â		ADR		Â		Â		Â
				Interests		Â		Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
				0		0.00%		1,565		0.00%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than options):
				0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)
		TOTAL:		0		0.00%		1,565		0.00%

(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	Â	Number	Â	(%)	Â	Number	Â	(%)
(1) Relevant securities	Â	Â			Â	Â
(2) Derivatives (other than options)	Â	Â			Â	Â
(3) Options and agreements to purchase/sell	Â	Â			Â	Â
Total	Â	Â			Â	Â

3. DEALINGS (Note 3)

(a)	Â	Purchases and sales	Â	Â
Purchase/sale		Number of		Price per unit
Â		securities		Â
Purchase		84		4.7330 GBP
Purchase		187		4.8275 GBP
Purchase		207		4.7840 GBP
Purchase		283		4.7354 GBP
Purchase		288		4.7960 GBP
Purchase		307		4.8300 GBP
Purchase		310		4.7980 GBP
Purchase		347		4.7325 GBP
Purchase		359		4.7304 GBP
Purchase		381		4.7340 GBP
Purchase		434		4.8320 GBP
Purchase		503		4.7920 GBP
Purchase		516		4.8305 GBP
Purchase		523		4.8050 GBP
Purchase		540		4.7385 GBP
Purchase		642		4.7125 GBP
Purchase		642		4.7880 GBP
Purchase		642		4.7910 GBP
Purchase		642		4.8030 GBP
Purchase		642		4.8070 GBP
Purchase		642		4.8215 GBP
Purchase		651		4.8130 GBP
Purchase		673		4.7950 GBP
Purchase		686		6.1400 EUR
Purchase		687		4.8075 GBP
Purchase		694		4.8110 GBP
Purchase		696		4.8200 GBP
Purchase		701		4.7365 GBP
Purchase		727		4.7815 GBP
Purchase		737		4.8330 GBP
Purchase		764		4.8020 GBP
Purchase		772		4.8080 GBP
Purchase		785		4.8040 GBP
Purchase		800		4.7738 GBP
Purchase		812		4.7570 GBP
Purchase		860		4.8331 GBP
Purchase		894		4.8230 GBP
Purchase		901		4.7355 GBP
Purchase		901		4.7400 GBP
Purchase		935		6.0200 EUR
Purchase		1,112		4.7360 GBP
Purchase		1,145		4.8310 GBP
Purchase		1,198		4.7310 GBP
Purchase		1,260		4.7350 GBP
Purchase		1,287		4.7890 GBP
Purchase		1,329		4.8060 GBP
Purchase		1,355		4.7740 GBP
Purchase		1,386		4.7790 GBP
Purchase		1,423		4.7270 GBP
Purchase		1,434		4.7290 GBP
Purchase		1,519		4.7260 GBP
Purchase		1,609		4.8350 GBP
Purchase		1,697		4.7370 GBP
Purchase		1,823		6.0558 EUR
Purchase		2,083		4.7280 GBP
Purchase		2,794		6.0549 EUR
Purchase		2,983		4.7613 GBP
Purchase		3,195		4.7970 GBP
Purchase		4,085		4.8052 GBP
Purchase		5,305		6.1435 EUR
Purchase		6,158		4.7968 GBP
Purchase		7,086		4.8062 GBP
Purchase		7,550		4.8170 GBP
Purchase		13,165		6.1338 EUR
Purchase		14,381		4.7819 GBP
Purchase		18,379		4.7686 GBP
Purchase		19,071		4.8057 GBP
Purchase		19,490		6.1348 EUR
Purchase		25,048		4.7959 GBP
Purchase		51,668		4.7707 GBP
Purchase		59,335		4.7916 GBP
Purchase		101,961		4.8146 GBP
Purchase		122,210		6.1183 EUR
Purchase		131,600		4.7942 GBP
Purchase		147,414		4.7972 GBP
Sale		1		4.7357 GBP
Sale		80		4.7377 GBP
Sale		187		4.8275 GBP
Sale		207		4.7840 GBP
Sale		283		4.7354 GBP
Sale		288		4.7960 GBP
Sale		307		4.8300 GBP
Sale		310		4.7980 GBP
Sale		331		4.7295 GBP
Sale		359		4.7304 GBP
Sale		382		4.7327 GBP
Sale		434		4.8320 GBP
Sale		503		4.7920 GBP
Sale		516		4.8305 GBP
Sale		523		4.8050 GBP
Sale		540		4.7385 GBP
Sale		642		4.7880 GBP
Sale		642		4.7910 GBP
Sale		642		4.8030 GBP
Sale		642		4.8070 GBP
Sale		642		4.8215 GBP
Sale		651		4.8130 GBP
Sale		673		4.7950 GBP
Sale		687		4.8075 GBP
Sale		691		4.7325 GBP
Sale		693		4.7790 GBP
Sale		694		4.8110 GBP
Sale		696		4.8200 GBP
Sale		701		4.7365 GBP
Sale		727		4.7815 GBP
Sale		737		4.8330 GBP
Sale		764		4.8020 GBP
Sale		772		4.8080 GBP
Sale		785		4.8040 GBP
Sale		812		4.7570 GBP
Sale		860		4.8331 GBP
Sale		894		4.8230 GBP
Sale		901		4.7400 GBP
Sale		956		4.7355 GBP
Sale		1,145		4.8310 GBP
Sale		1,274		4.8001 GBP
Sale		1,287		4.7890 GBP
Sale		1,329		4.8060 GBP
Sale		1,609		4.8350 GBP
Sale		1,924		4.7448 GBP
Sale		2,332		4.7740 GBP
Sale		2,707		6.1475 EUR
Sale		2,900		6.1460 EUR
Sale		3,195		4.7970 GBP
Sale		3,242		4.8074 GBP
Sale		3,927		4.7260 GBP
Sale		4,440		4.7952 GBP
Sale		4,529		4.7808 GBP
Sale		6,390		4.7250 GBP
Sale		6,718		4.7380 GBP
Sale		7,262		4.7390 GBP
Sale		8,024		4.7340 GBP
Sale		8,929		4.7280 GBP
Sale		9,277		4.7370 GBP
Sale		9,707		4.7360 GBP
Sale		10,664		4.7270 GBP
Sale		11,671		6.0606 EUR
Sale		12,989		4.7290 GBP
Sale		13,142		4.7320 GBP
Sale		15,282		4.7300 GBP
Sale		17,402		4.7732 GBP
Sale		17,560		4.7435 GBP
Sale		19,117		4.7330 GBP
Sale		20,579		4.8055 GBP
Sale		21,910		4.8046 GBP
Sale		28,023		4.7310 GBP
Sale		28,252		4.7350 GBP
Sale		31,830		6.1392 EUR
Sale		35,000		4.8015 GBP
Sale		38,166		6.1400 EUR
Sale		45,522		4.8100 GBP
Sale		54,416		4.7926 GBP
Sale		77,676		6.1128 EUR
Sale		82,003		4.7999 GBP
Sale		117,200		4.7896 GBP
Sale		161,808		4.8034 GBP

(b) Derivatives transactions (other than options transactions)

Product	Â	Nature of transaction	Â	Number of relevant securities	Â	Price per unit
name		Â		Â		Â
CFD		Long		97		4.7378 GBP
CFD		Long		2,707		6.1475 EUR
SWAP		Long		7,699		4.8059 GBP
SWAP		Long		9,000		6.1609 EUR
CFD		Long		21,410		4.8006 GBP
CFD		Long		21,910		4.8046 GBP
SWAP		Long		22,513		4.7649 GBP
CFD		Long		44,078		4.7908 GBP
SWAP		Long		52,800		4.8060 GBP
SWAP		Long		54,416		4.7926 GBP
SWAP		Long		117,200		4.7896 GBP
CFD		Short		935		4.7284 GBP
CFD		Short		2,853		4.7287 GBP
CFD		Short		6,158		4.7968 GBP
SWAP		Short		21,442		4.7759 GBP
SWAP		Short		24,064		4.7720 GBP
CFD		Short		44,244		4.7986 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)

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) NO

Date of disclosure	Â	31 DEC 2014
Contact name		James Gibson
Telephone number		020 3555 4619
Name of offeree/offeror with which connected		INTERNATIONAL CONSOLIDATED AIRLINE GROUP S.A
Nature of connection (Note 9)		Corporate Broker