5th Dec 2006 16:09
British Airways PLC05 December 2006 British Airways Plc Employee share schemes: Announcement of transactions in shares and change in directors' interests On 5 December 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 that date the Trust had sold 50,000ordinary shares of 25p each at a price of 500.02p per share to satisfy theexercise of options under the Company's Long Term Incentive Plan. The executive directors of the Company, Willie Walsh and Keith Williams, as wellas other employees of the Company, are potential beneficiaries of the Trust. Assuch, they are deemed to be interested in the shares held by the Trust.Accordingly, the number of shares in which the directors are interesteddecreased by 50,000 following the disposal. Neither Willie Walsh nor Keith Williams has sold shares personally. 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