25th Jul 2006 17:01
British Airways PLC25 July 2006 British Airways Plc Employee share schemes: Announcement of transactions in shares and change in directors' interests On 25 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 21 July 2006 the Trust had purchased61,202 ordinary shares of 25p each at a price of 359p each. The executive directors of the Company listed below, as well as other employeesof the Company, are potential beneficiaries of the Trust. As such, they aredeemed to be interested in the shares held by the Trust. Accordingly, the numberof shares in which the directors are interested increased by 61,202. The Company also announced that on 21 July 2006 the Trust disposed of 61,202ordinary shares of 25p each to satisfy the exercise of options under theCompany's Long Term Incentive Plan. The executive directors of the Companylisted below, as well as other employees, are potential beneficiaries of thetrust. As such, they are deemed to be interested in the shares held by theTrustee. Accordingly, the number of shares in which the directors are interesteddecreased by 61,202 following the disposal The relevant executive directors are Willie Walsh, Martin George and KeithWilliams. This announcement is made under Section 329 of the Companies Act 1985 andDisclosure Rule 3.1.4. ContactAlan Buchanan, Company SecretaryTel: 0208 738 5119 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
International Airlines