British Airways PLC
26 July 2006
British Airways Plc
Employee share schemes: Announcement of transactions in shares and change in
directors' interests
On 26 July 2006 the Company received notification from Computershare Trustee
(CI) Limited, the trustee of the British Airways Employee Benefits Trustees
(Jersey) Limited (the 'Trust') that on 25 July 2006 the Trust had purchased
129,529 ordinary shares of 25p each at a price of 384p each.
The executive directors of the Company listed below, as well as other employees
of the Company, are potential beneficiaries of the Trust. As such, they are
deemed to be interested in the shares held by the Trust. Accordingly, the number
of shares in which the directors are interested increased by 129,529.
The Company also announced that on 26 July 2006 the Trust disposed of 129,529
ordinary shares of 25p each to satisfy the exercise of options under the
Company's Long Term Incentive Plan. The executive directors of the Company
listed below, as well as other employees, are potential beneficiaries of the
trust. As such, they are deemed to be interested in the shares held by the
Trustee. Accordingly, the number of shares in which the directors are interested
decreased by 129,529 following the disposal
The relevant executive directors are Willie Walsh, Martin George and Keith
Williams.
This announcement is made under Section 329 of the Companies Act 1985 and
Disclosure Rule 3.1.4.
Contact
Alan Buchanan, Company Secretary
Tel: 0208 738 5119
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.