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

LONDON--()--

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 €0.05 ordinary shares
dealings being disclosed relate  
Date of dealing 24 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
2,561,195 0.13% 4,594,224 0.23%
           
(2) Derivatives (other than options):
3,889,149 0.19% 1,225,707 0.06%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 6,450,344 0.32% 5,819,931 0.29%
 
Class of relevant security: ADR
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
0 0.00% 1,565 0.00%
           
(2) Derivatives (other than options):
0 0.00% 0 0.00%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
(4)
TOTAL: 0 0.00% 1,565 0.00%

(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    

3. DEALINGS (Note 3)

(a) Purchases and sales

Purchase/sale   Number of   Price per unit
  securities  
Purchase 300 6.0430 EUR
Purchase 716 6.0520 EUR
Purchase 1,700 4.7335 GBP
Purchase 4,090 4.7376 GBP
Purchase 7,696 6.0554 EUR
Purchase 8,480 4.7440 GBP
Purchase 16,310 6.0484 EUR
Purchase 28,331 6.0537 EUR
Sale 134 6.0400 EUR
Sale 300 6.0430 EUR
Sale 826 4.7470 GBP
Sale 1,494 4.7447 GBP
Sale 1,617 4.7577 GBP
Sale 1,758 6.0395 EUR
Sale 1,890 4.7438 GBP
Sale 2,608 6.0341 EUR
Sale 4,471 4.7416 GBP
Sale 9,846 4.7511 GBP
Sale 16,718 4.7486 GBP
Sale 18,236 4.7453 GBP
Sale 48,021 4.7513 GBP
Sale 50,311 6.0533 EUR

(b) Derivatives transactions (other than options transactions)

Product   Nature of transaction   Number of relevant securities   Price per unit
name      
SWAP Long 259 4.7341 GBP
CFD Long 1,758 6.0396 EUR
SWAP Long 2,093 4.7403 GBP
CFD Long 3,976 4.7380 GBP
CFD Long 4,339 4.7518 GBP
CFD Long 18,236 4.7453 GBP
CFD Long 50,311 4.7523 GBP
SWAP Short 201 4.7320 GBP
SWAP Short 13,967 4.7411 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)

(i) Exercising

Product name,

e.g. call option

Number of securities Exercise price per unit (Note 4)

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

Nature of transaction

(Note 7)

Details Price per unit

(if applicable) (Note 4)

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: 29 Dec 2014
Contact name: James Gibson
Telephone number: 020 3555 4619
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: 446418
Time of Receipt (offset from UTC): 20141229T111811+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC