17th Nov 2006 15:21
British Airways PLC17 November 2006 British Airways Plc Employee share schemes: Announcement of transactions in shares and change in directors' interests On 17 November 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 16 November 2006 the Trust had purchased295,864 ordinary shares of 25p each at prices ranging from 478p to 479p pershare. 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 295,864. The Company also announced that on 16 November 2006 the Trust disposed of295,864 ordinary 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 295,864 following the disposal. The relevant executive directors are Willie Walsh and Keith Williams. This announcement is made under Section 329 of the Companies Act 1985 andDisclosure 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 ExchangeRelated Shares:
International Airlines