27th Jun 2006 14:26
British Airways PLC27 June 2006 British Airways Plc (the "Company") Employee Share Schemes - Announcement of change in directors' interests on ordinary shares of 25p each. The Company announces that on 23 June 2006 it was notified that, ComputershareTrustee (CI) Limited, the trustee of the British Airways Employee BenefitsTrustees (Jersey) Limited (the "Trust") purchased 47,563 ordinary shares of 25pat a price of 357p each on the London Stock Exchange on 22 June 2006. 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 47,563. The Company also announced that on 22 June 2006 the Trust disposed of 47,563ordinary 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 47,563 following the disposal. The relevant directors are Willie Walsh, Martin George 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