17th Mar 2009 15:06
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) : ( )
N/A see additional information
3. Full name of person(s) subject to the notification obligation (iii):
Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3.) (iv):
Legal & General Assurance (Pensions Management) Limited (PMC)
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
11 March 2009
6. Date on which issuer notified:
13 March 2009
7. Threshold(s) that is/are crossed or reached:
From 3% - 4% (L&G)
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) |
|
|
Ord GBP 0.25 |
46,096,280 |
46,096,280 |
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 |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
48,813,490 |
48,813,490 |
4.23 |
|||
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 |
|
48,813,490 |
4.23% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
|
Legal & General Group Plc (Direct and Indirect) (Group) |
||
|
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) |
||
|
Legal & General Investment Management Limited (Indirect) (LGIM) |
||
|
Legal & General Group Plc (Direct) (L&G) (48,813,490 -4.23% = LGAS, LGPL & PMC) |
||
|
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (44,399,397 - 3.84% = PMC) |
Legal & General Insurance Holdings Limited (Direct) (LGIH) |
|
|
Legal & General Assurance (Pensions Management) Limited (PMC) (44,399,397 - 3.84% = PMC) |
Legal & General Assurance Society Limited (LGAS & LGPL) |
|
|
Legal & General Pensions Limited (Direct) (LGPL) |
||
Proxy Voting:
10. Name of the proxy holder:
N/a……………..
11. Number of voting rights proxy holder will cease to hold:
N/A……………..
12. Date on which proxy holder will cease to hold voting rights:
N/A……………..
13. Additional information:
Notification using shares in issue figure of 1,153,627,749
14. Contact name:
Helen Lewis (LGIM)
15. Contact telephone number:
020 3124 3851
……………..
---------------------------------
Alan Buchanan
Company Secretary
British Airways Plc
020 8738 5119
Related Shares:
International AirlinesLegal & General