15th Nov 2010 16:58
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
British Airways Plc
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: (X)
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify) : ( )
3. Full name of person(s) subject to the notification obligation (iii):
Standard Life Investments Ltd
4. Full name of shareholder(s) (if different from 3.) (iv):
Vidacos Nominees
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
12 November 2010
6. Date on which issuer notified:
15 November 2010
7. Threshold(s) that is/are crossed or reached:
9%.
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE | Situation previous to the Triggering transaction (vi) | |
GB0001290575 | Number of shares104,494,334 | Number of voting Rights (viii)104,494,334 |
|
|
Resulting situation after the triggering transaction (vii)
Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights (ix) | % of voting rights | ||
| Direct (x) | Indirect (xi) | Direct | Indirect | |
103,807,948 | 67,158,073 | 36,649,875 | 5.821% | 3.177% |
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of financial instrument | Expiration Date (xiii) | Exercise/Conversion Period/ Date (xiv) | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
|
|
|
|
|
Total (A+B)
Number of voting rights | % of voting rights |
103,807,948 | 8.998% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Proxy Voting:
10. Name of the proxy holder:
N/a……………..
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:
Standard Life Investments Ltd
15. Contact telephone number:
0131 245 6565
……………..
---------------------------------
Alan Buchanan
Company Secretary
British Airways Plc
Related Shares:
International Airlines