Rule 8.3 - BRITISH AIRWAYS
FORM 8.3
DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
(Rule 8.3 of the City Code on Takeovers and Mergers)
1. KEY INFORMATION
Name of person dealing BARCLAYS PLC
(Note 1)
Company dealt in BRITISH AIRWAYS
Class of relevant security ORD GBP0.25
to which the dealings being
disclosed relate (Note 2)
Date of dealing 16 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 41,698,984 3.61% 1,342,517 0.12%
securities
(2) Derivatives 2,430,762 0.21% 747,778 0.06%
(other than
options)
(3) Options and 0 0.00% 0 0.00%
agreements to
purchase/sell
Total 44,129,746 3.83% 2,090,295 0.18%
(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)
Class of Long Short
relevant
security:
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
Purchase 39,066 1.6228
Purchase 1,716 1.6300
Purchase 60,825 1.6230
Purchase 5,800 1.6200
Purchase 86,975 1.6300
Purchase 65,003 1.6157
Purchase 116,051 1.6265
Purchase 1,530 1.6300
Purchase 1,700 1.5992
Purchase 963 1.6300
Purchase 31,416 1.6300
Purchase 2,585 1.5940
Purchase 33,925 1.6300
Purchase 33,925 1.6300
Purchase 7,755 1.5940
Purchase 29,521 1.6300
Purchase 16,336 1.6100
Purchase 9,191 1.6302
Sale 118,647 1.6240
Sale 6,247 1.6117
Sale 19,285 1.6300
Sale 14,682 1.6300
Sale 33,925 1.6300
Sale 18,150 1.6258
Sale 6,306 1.6300
Sale 18,300 1.6151
Sale 3,263 1.6568
Sale 33,925 1.6300
Sale 29,521 1.6300
Sale 71 1.6387
(b) Derivatives transactions (other than options)
Product name, Long/Short Number of Price per
(e.g. CFD) (Note 6) Securities unit (GBP)
CFD Long 6247 1.6117
CFD Long 3827 1.6139
CFD Long 18300 1.615
CFD Long 118647 1.6239
CFD Long 18150 1.6257
CFD Long 71 1.6387
CFD Long 3263 1.6567
CFD Short 13342 1.5926
CFD Short 1700 1.5992
CFD Short 20339 1.6059
CFD Short 10320 1.6123
CFD Short 65003 1.6157
CFD Short 5800 1.62
CFD Short 39066 1.6227
CFD Short 60825 1.623
CFD Short 116051 1.6264
CFD Short 17159 1.642
CFD Short 2339 1.6473
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Product name, Writing, Number of Exercise Type, e.g. Expiry Option money
e.g. call selling, securities to price American, date paid/received
option purchasing, which the option European etc. per unit (GBP)
varying etc. relates (GBP)
(ii) Exercising
Product name, e.g. Number of Exercise price per
call option securities unit (Note 5)
(d) Other dealings (including new securities) (Note 4)
Nature of transaction Details Price per unit
(Note 8) (if applicable)
(Note 5)
4. OTHER INFORMATION
None
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 17 December 2008
Contact name Geoff Smith
Telephone number 020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)
Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk