16th Oct 2006 16:31
British Airways PLC16 October 2006 British Airways Plc (the "Company") Employee Share Schemes - Announcement of change in directors' interests in ordinary shares of 25p each. The Company announces that on 11 October it was notified that, ComputershareTrustee (CI) Limited, the trustee of the British Airways Employee BenefitsTrustees (Jersey) Limited (the "Trust") purchased 92,289 ordinary shares of 25pat a price of 4.29p on 9 October 2006 on the London Stock Exchange. Theexecutive directors of the Company listed below, as well as other employees ofthe Company, are potential beneficiaries of the trust. As such, the number ofshares in which the directors are interested increased by 92,289. The Company also announces that on 11 October 2006 it was notified that on 9October 2006 the Trust disposed of 92,289 ordinary shares of 25p each to satisfythe exercise of options under the Company's Long Term Incentive Plan. Theexecutive directors of the Company listed below, as well as other employees, arepotential beneficiaries of the trust. As such, they are deemed to be interestedin the shares held by the Trustee. Accordingly, the number of shares in whichthe directors are interested decreased by 92,289 following the disposal. The relevant directors are Willie Walsh and Keith Williams. This announcement is made following notifications under section 324 CompaniesAct 1985. Contact: Alan Buchanan, Company Secretary Tel: 020 8738 5119 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
International Airlines