Form 38.5(b) - INTERNATIONAL CONSOLIDATED AIRLINE GROUP S.A - AMENDMENT
BARCLAYS PLC
Ap27
FORM 38.5(b) AMENDMENT
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 | €0.05 ordinary shares | ||
dealings being disclosed relate | 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 | ORD | |||||||||
 | Interests |  | Short Positions | ||||||||
 |  | Number |  | (%) | Number |  | (%) | ||||
(1) | Relevant securities owned | ||||||||||
2,984,183 | 0.15% | 4,582,529 | 0.22% | ||||||||
 |  |  |  |  |  | ||||||
(2) | Derivatives (other than options): | ||||||||||
3,785,586 | 0.19% | 1,543,408 | 0.08% | ||||||||
 |  |  |  |  |  | ||||||
(3) | Options and agreements to | ||||||||||
purchase/sell: | 1,838,000 | 0.09% | 0 | 0.00% | |||||||
 |  |  |  |  |  | ||||||
 | |||||||||||
TOTAL: | 8,607,769 | 0.42% | 6,125,937 | 0.30% | |||||||
 |  |  |  |  |  | ||||||
Class of relevant security: | ADR | ||||||||||
Interests | Short Positions | ||||||||||
 |  | Number | (%) | Number | (%) | ||||||
(1) | Relevant securities owned | ||||||||||
0 | 0.00% | 1,565 | 0.00% | ||||||||
 |  |  |  |  |  | ||||||
(2) | Derivatives (other than options): | ||||||||||
0 | 0.00% | 0 | 0.00% | ||||||||
 |  |  |  |  |  | ||||||
(3) | Options and agreements to | ||||||||||
purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
 |  |  |  |  |  | ||||||
 | |||||||||||
TOTAL: | 0 | 0.00% | 1,565 | 0.00% | |||||||
 |  |  |  |  |  | ||||||
Class of relevant security: | Convertible bonds, due May 2018 | ||||||||||
Long | Short | ||||||||||
 |  | Number | (%) | Number | (%) | ||||||
(1) | Relevant securities owned | ||||||||||
3,100,000 | 0.79% | 0 | 0 | ||||||||
 |  |  |  |  |  | ||||||
(2) | Derivatives (other than | ||||||||||
options): | 0 | 0.00% | 0 | 0.00% | |||||||
 |  |  |  |  |  | ||||||
(3) | Options and agreements to | ||||||||||
purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
 |  |  |  |  |  | ||||||
TOTAL: | |||||||||||
3,100,000 | 0.79% | 0 | 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 | ||||
 |  | Number |  | (%) |  | Number |  | (%) |
(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 |
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3. DEALINGS (Note 3)
(a) Purchases and sales
Purchase/sale | Â | Number of | Â | Price per unit | |
 | securities |  | |||
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 (Convertible Bond) | 1,000,000 | 142.8750 EUR | |||
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 | 6,850 | 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 | 6,000 | 5.6894 EUR | |||
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 |
(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 | 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 |
 | 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 4) |
(ii) Exercising
Product name,
e.g. call option |
 | Number of securities |  | Exercise price per unit (Note 4) |
(d) Other dealings (including transactions in respect of new securities) (Note 3)
Nature of transaction
(Note 7) |
 | Details |  |
Price per unit
(if applicable) (Note 4) |
Ap29
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? | Â | YES | |
Date of disclosure: | 9 Jan 2015 | ||
Contact name: | Jay Supaya | ||
Telephone number: | 0207 773 0635 | ||
Name of offeree/offeror with which connected | INTERNATIONAL CONSOLIDATED AIRLINE GROUP S.A | ||
Nature of connection | Corporate Broker |
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 | Â | Exercise price | Â | Type | Â | Expiry | |
description | Â | which the option or derivative relates | per unit | Â | date | ||||||
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.