RNS Number : 5672D
British Airways PLC
03 December 2009
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
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1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii
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British Airways PLC
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2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights
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X
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please specify):
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3. Full name of person(s) subject to the
notification obligation: iii
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BlackRock, Inc.
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4. Full name of shareholder(s) (if different from 3.):iv
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5. Date of the transaction and date on
which the threshold is crossed or
reached: v
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1st December 2009
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6. Date on which issuer notified:
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3rd December 2009
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7. Threshold(s) that is/are crossed or
reached: vi, vii
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Holding has gone above 13%
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8. Notified details:
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A: Voting rights attached to shares viii, ix
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Class/type of
shares
if possible using
the ISIN CODE
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Situation previous
to the triggering
transaction
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Resulting situation after the triggering transaction
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Number
of
Shares
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Number
of
Voting
Rights
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Number
of shares
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Number of voting
rights
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% of voting rights x
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Direct
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Direct xi
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Indirect xii
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Direct
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Indirect
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GB0001290575
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104,967,505
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104,967,505
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N/A
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N/A
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145,314,662
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N/A
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12.60 %
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B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial
instrument
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Expiration
date xiii
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Exercise/
Conversion Period xiv
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Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
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% of voting
rights
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
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Resulting situation after the triggering transaction
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Type of financial
instrument
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Exercise price
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Expiration date xvii
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Exercise/
Conversion period xviii
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Number of voting rights instrument refers to
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% of voting rights xix, xx
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CFD
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N/A
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N/A
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N/A
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9,983,773
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Nominal
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Delta
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0.87%
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Convertible Bond
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GBP 189
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13th August 2014
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23rd September 2009 to COB 7 Calendar days prior to the Maturity Date
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4,534,396
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0.39%
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Total (A+B+C)
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Number of voting rights
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Percentage of voting rights
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159,832,831
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13.86%
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9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
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On 1 December 2009, the Barclays Global Investors (BGI) business was acquired by BlackRock, Inc. The combined holdings of BlackRock, Inc following this acquisition triggered this disclosure requirement.
BlackRock Investment Management (UK) Limited - 159,832,831 (13.86%)
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease
to hold:
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12. Date on which proxy holder will cease to hold
voting rights:
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13. Additional information:
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BlackRock Compliance Disclosures Team
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14. Contact name:
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Stuart Watchorn
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15. Contact telephone number:
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020 7743 5741; stuart.watchorn@blackrock.com
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---------------------------------
Alan Buchanan
Company Secretary
British Airways Plc
This information is provided by RNS
The company news service from the London Stock Exchange
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