Holding(s) in Company

RNS Number : 9635A

British Airways PLC

08 August 2008

 



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):

British Airways Plc

2. Reason for the notification (please place an X inside the appropriate bracket/s):

An acquisition or disposal of voting rights: ( X )

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )

An event changing the breakdown of voting rights: ( )

Other (please specify) : ( )

3. Full name of person(s) subject to the notification obligation (iii):

Lehman Brothers International (Europe)

4. Full name of shareholder(s) (if different from 3.) (iv):

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

    5 August 2008

6. Date on which issuer notified:

8 August 2008

7. Threshold(s) that is/are crossed or reached:

3%

8. Notified details:

……………..

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction (vi)
	Number of shares	Number of voting Rights (viii)
Ordinary Shares 25p GB0001290575	Below 3%	Below 3%

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
		Direct (x)	Indirect (xi)	Direct	Indirect
Ordinary Shares 25p	34,934,142	34,934,142		3.03%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument	Expiration Date (xiii)	Exercise/Conversion Period/ Date (xiv)	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
Call Option	December 2009		1,919,616	0.17
Call Option	June 2010		3,171,806	0.27

Total (A+B)

Number of voting rights	% of voting rights
34,934,142	3.03%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

Proxy Voting:

10. Name of the proxy holder:

……………..

11. Number of voting rights proxy holder will cease to hold:

……………..

12. Date on which proxy holder will cease to hold voting rights:

……………..

13. Additional information:

……………..

14. Contact name:

Olanike Bola-Lateef

15. Contact telephone number:

[phone]

……………..

---------------------------------

Alan Buchanan

Company Secretary

British Airways Plc

020 8738 5119

 

END

 

 

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