Holding(s) in Company

RNS Number : 9349L

British Airways PLC

20 January 2009

 



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: ( )

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) : ( X )

Disclosure of holdings following the acquisition, by Lloyds Banking Group plc, of HBOS plc. This notification supersedes any notifications previously issued by Lloyds TSB Group plc and/or HBOS plc.

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

Lloyds Banking Group plc

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

See Section 9.

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

16 January 2009

6. Date on which issuer notified:

19 January 2009

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

Direct/Indirect 5%

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)

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
Ord 25p GB0001290575	9,243,162	9,243,162	52,666,411	0.801%	4.565%

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
N/A

Total (A+B)

Number of voting rights	% of voting rights
61,909,573	5.366%

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

16,033,394 Shares (1.390%) are held by State Street Nominees Ltd. Shares are under the control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests). 44,664,026 shares (3.872%) are under the control of Insight Investment Management (Global) Limited, a wholly owned subsidiary of Insight Investment Management Limited, a wholly owned subsidiary of HBOS Insurance & Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly owned subsidiary of Lloyds Banking Group plc (Indirect Interests).

Proxy Voting:

N/A

10. Name of the proxy holder:

N/A……………..

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

N/A……………..

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

N/A……………..

13. Additional information:

Notification using the total voting rights figure of 1,153,627,749

14. Contact name:

Kenny Melville

15. Contact telephone number:

0131 243 8671…………..

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

Alan Buchanan

Company Secretary

British Airways Plc

020 8738 5119

 

END

 

 

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