Form 38.5(b) - INTERNATIONAL CONSOLIDATED AIRLINE GROUP, S.A

LONDON--()--

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FORM 38.5(b)

IRISH TAKEOVER PANEL

DISCLOSURE UNDER RULE 38.5(b) OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013

DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITHOUT RECOGNISED INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY

1. KEY INFORMATION

Name of exempt principal trader:   BARCLAYS CAPITAL SECURITIES LTD
Company dealt in

INTERNATIONAL CONSOLIDATED AIRLINE GROUP, S.A

Class of relevant security to which the €0.50 ordinary shares
dealings being disclosed relate  
Date of dealing 23 December 2014

2. INTERESTS AND SHORT POSITIONS

(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 2)

Class of relevant security:   ORD
  Interests   Short Positions
    Number   (%) Number   (%)
(1) Relevant securities owned
2,568,714 0.13% 4,512,599 0.22%
           
(2) Derivatives (other than options):
3,844,511 0.19% 1,231,456 0.06%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 6,413,225 0.31% 5,744,055 0.28%

(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 2)

Class of relevant security:   Long   Short
  Number       (%) Number       (%)
(1) Relevant securities    
(2) Derivatives (other than options)    
(3) Options and agreements to purchase/sell    
Total    

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3. DEALINGS (Note 3)

(a) Purchases and sales

Purchase/sale   Number of   Price per unit
  securities  
Purchase 132 4.7410 GBP
Purchase 145 4.7240 GBP
Purchase 161 6.0246 EUR
Purchase 200 36.6500 USD
Purchase 214 4.7340 GBP
Purchase 231 4.7280 GBP
Purchase 262 4.7370 GBP
Purchase 298 4.7250 GBP
Purchase 362 4.7390 GBP
Purchase 606 4.7320 GBP
Purchase 637 4.7260 GBP
Purchase 700 4.7190 GBP
Purchase 732 4.7312 GBP
Purchase 890 4.7323 GBP
Purchase 1,011 4.7330 GBP
Purchase 1,166 4.7220 GBP
Purchase 1,258 6.0350 EUR
Purchase 1,532 4.7262 GBP
Purchase 2,500 4.7473 GBP
Purchase 2,613 4.7302 GBP
Purchase 3,517 4.7335 GBP
Purchase 5,314 4.7270 GBP
Purchase 7,026 4.7487 GBP
Purchase 12,109 4.7428 GBP
Purchase 14,157 6.0183 EUR
Purchase 16,913 4.7396 GBP
Purchase 24,768 4.7291 GBP
Purchase 55,308 4.7376 GBP
Purchase 70,290 6.0300 EUR
Purchase 72,983 6.0362 EUR
Purchase 81,656 4.7380 GBP
Sale 13 4.7277 GBP
Sale 41 6.0207 EUR
Sale 132 4.7410 GBP
Sale 145 4.7240 GBP
Sale 200 36.6500 USD
Sale 214 4.7340 GBP
Sale 262 4.7370 GBP
Sale 362 4.7390 GBP
Sale 493 6.0070 EUR
Sale 583 4.7220 GBP
Sale 606 4.7320 GBP
Sale 625 4.7480 GBP
Sale 700 4.7190 GBP
Sale 926 4.7205 GBP
Sale 1,011 4.7330 GBP
Sale 1,015 4.7305 GBP
Sale 1,188 4.7384 GBP
Sale 1,338 6.0125 EUR
Sale 1,725 6.0350 EUR
Sale 2,081 4.7274 GBP
Sale 2,317 4.7285 GBP
Sale 3,574 6.0241 EUR
Sale 4,047 4.7278 GBP
Sale 6,783 4.7294 GBP
Sale 8,188 4.7260 GBP
Sale 8,506 4.7335 GBP
Sale 10,000 6.0400 EUR
Sale 10,057 4.7250 GBP
Sale 12,763 4.7291 GBP
Sale 14,338 4.7306 GBP
Sale 18,682 4.7307 GBP
Sale 21,285 4.7270 GBP
Sale 60,290 6.0283 EUR
Sale 71,132 4.7303 GBP
Sale 81,735 6.0342 EUR
Sale 175,909 4.7350 GBP

(b) Derivatives transactions (other than options transactions)

Product   Nature of transaction   Number of relevant securities   Price per unit
name      
CFD Long 41 6.0207 EUR
SWAP Long 5,117 4.7236 GBP
SWAP Long 6,783 4.7294 GBP
CFD Long 10,000 4.7468 GBP
SWAP Long 11,527 4.7325 GBP
CFD Long 12,185 4.7315 GBP
CFD Long 18,682 4.7307 GBP
CFD Long 19,003 4.7272 GBP
SWAP Long 99,831 4.7280 GBP
CFD Short 161 6.0247 EUR
CFD Short 5,500 4.7462 GBP
SWAP Short 11,607 4.7355 GBP

(c) Options transactions in respect of existing relevant securities

(i) Writing, selling, purchasing or varying

Product name,

e.g. call option

  Writing, selling, purchasing, varying etc.   Number of securities to which the option relates (Note 7)   Exercise price   Type, e.g. American, European etc.   Expiry date   Option money paid/received per unit (Note 4)

(ii) Exercising

Product name,

e.g. call option

  Number of securities   Exercise price per unit (Note 4)

(d) Other dealings (including transactions in respect of new securities) (Note 3)

Nature of transaction

(Note 7)

  Details   Price per unit

(if applicable) (Note 4)

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4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Is a Supplemental Form 38.5(b) attached?   NO
Date of disclosure: 24 Dec 2014
Contact name: Rajesh Muthanna
Telephone number: 020 3555 4634
Name of offeree/offeror with which connected INTERNATIONAL CONSOLIDATED AIRLINE GROUP SA
Nature of connection Corporate Broker

Short Name: BARCLAYS PLC
Category Code: MSC
Sequence Number: 446346
Time of Receipt (offset from UTC): 20141224T114051+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC