12th Dec 2008 12:28
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):
10 December 2008
6. Date on which issuer notified:
11 December 2008
7. Threshold(s) that is/are crossed or reached:
8%.
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 shares92,416,715 |
Number of voting Rights (viii) 92,416,715 |
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 |
|
|
92,266,588 |
59,299,835 |
32,966,753 |
5.140% |
2.858% |
|
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 |
|
92,266,588 |
7.998% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
|
Standard Life Investments Ltd |
||
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:
14. Contact name:
Standard Life Investments Ltd
15. Contact telephone number:
0131 245 6565
……………..
---------------------------------
Alan Buchanan
Company Secretary
British Airways Plc
020 8738 5119
Related Shares:
International Airlines