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 7 January 2015

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
2,252,986 0.11% 5,656,901 0.28%
           
(2) Derivatives (other than options):
4,769,381 0.23% 885,885 0.04%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
 
TOTAL: 7,022,367 0.34% 6,542,786 0.32%
           
Class of relevant security:   Convertible Bond XS0933556952      
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
4,700,000 1.21% 0 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%
           
 
TOTAL: 4,700,000 1.21% 0 0.00%
           
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%
           
 
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 116 4.8150 GBP
Purchase 119 4.8570 GBP
Purchase 121 4.8910 GBP
Purchase 134 4.8180 GBP
Purchase 162 4.8490 GBP
Purchase 178 4.8900 GBP
Purchase 186 4.8870 GBP
Purchase 208 4.8475 GBP
Purchase 231 4.8800 GBP
Purchase 237 4.8720 GBP
Purchase 397 4.8703 GBP
Purchase 514 4.8500 GBP
Purchase 614 4.7940 GBP
Purchase 668 4.8680 GBP
Purchase 743 4.8850 GBP
Purchase 912 4.8090 GBP
Purchase 996 4.8240 GBP
Purchase 1,193 4.7910 GBP
Purchase 1,198 6.1578 EUR
Purchase 1,407 4.8840 GBP
Purchase 1,482 4.8820 GBP
Purchase 1,695 4.8530 GBP
Purchase 1,824 4.8699 GBP
Purchase 1,923 4.8830 GBP
Purchase 2,160 4.8382 GBP
Purchase 2,814 4.8727 GBP
Purchase 3,430 4.8623 GBP
Purchase 4,499 6.2057 EUR
Purchase 4,919 4.8690 GBP
Purchase 5,743 6.1960 EUR
Purchase 5,953 6.1621 EUR
Purchase 8,629 4.8754 GBP
Purchase 8,732 4.8101 GBP
Purchase 10,744 4.8775 GBP
Purchase 11,836 4.8883 GBP
Purchase 21,225 4.8371 GBP
Purchase 24,168 6.2333 EUR
Purchase 28,652 6.2051 EUR
Purchase 30,733 4.8636 GBP
Purchase 43,655 4.8440 GBP
Purchase 44,784 4.8767 GBP
Purchase 51,406 4.8762 GBP
Purchase 69,971 4.8365 GBP
Purchase 101,507 4.8513 GBP
Purchase 113,234 6.2182 EUR
Purchase 141,453 4.8749 GBP
Purchase 250,964 4.8718 GBP
Sale 131,911 4.8623 GBP
Sale 4,098 4.8623 GBP
Sale 31 4.8573 GBP
Sale 56 4.8597 GBP
Sale 116 4.8150 GBP
Sale 119 4.8570 GBP
Sale 121 4.8910 GBP
Sale 134 4.8180 GBP
Sale 162 4.8490 GBP
Sale 178 4.8900 GBP
Sale 195 4.8530 GBP
Sale 201 4.8520 GBP
Sale 208 4.8475 GBP
Sale 231 4.8800 GBP
Sale 237 4.8720 GBP
Sale 255 6.2380 EUR
Sale 406 6.1960 EUR
Sale 458 6.2272 EUR
Sale 614 4.7940 GBP
Sale 668 4.8680 GBP
Sale 743 4.8850 GBP
Sale 758 4.8497 GBP
Sale 912 4.8090 GBP
Sale 996 4.8240 GBP
Sale 1,193 4.7910 GBP
Sale 1,407 4.8840 GBP
Sale 1,482 4.8820 GBP
Sale 1,766 4.8360 GBP
Sale 1,923 4.8830 GBP
Sale 2,097 4.8071 GBP
Sale 2,784 4.8674 GBP
Sale 3,050 4.8563 GBP
Sale 3,281 4.8635 GBP
Sale 3,882 4.8630 GBP
Sale 4,085 4.8629 GBP
Sale 4,478 4.8875 GBP
Sale 4,854 6.2500 EUR
Sale 5,250 4.8500 GBP
Sale 6,552 6.2315 EUR
Sale 7,012 4.8870 GBP
Sale 8,147 6.2394 EUR
Sale 11,776 4.8282 GBP
Sale 11,999 6.2350 EUR
Sale 12,878 4.8763 GBP
Sale 19,105 4.8496 GBP
Sale 30,650 4.8586 GBP
Sale 38,101 6.2015 EUR
Sale 48,092 6.1410 EUR
Sale 63,364 4.8743 GBP
Sale 78,837 4.8770 GBP
Sale 80,521 6.2220 EUR
Sale 130,532 4.8708 GBP
Sale 169,428 6.2001 EUR
Sale 228,427 4.8627 GBP

(b) Derivatives transactions (other than options transactions)

Product   Nature of transaction   Number of relevant securities   Price per unit
name      
CFD Long 366 6.1791 EUR
CFD Long 458 6.2272 EUR
CFD Long 471 4.8415 GBP
SWAP Long 1,100 4.8917 GBP
CFD Long 1,900 4.7923 GBP
CFD Long 4,478 4.8875 GBP
CFD Long 4,854 4.8905 GBP
CFD Long 6,826 4.8869 GBP
SWAP Long 21,726 4.8775 GBP
SWAP Long 74,218 4.8833 GBP
CFD Long 142,940 6.1999 EUR
CFD Long 147,825 4.8782 GBP
CFD Short 1,500 4.8424 GBP
CFD Short 3,430 4.8623 GBP
CFD Short 5,953 6.1621 EUR
SWAP Short 6,481 4.8806 GBP
CFD Short 12,216 4.8665 GBP
SWAP Short 16,800 4.8271 GBP
SWAP Short 26,151 4.8800 GBP
CFD Short 43,655 4.8440 GBP
SWAP Short 49,632 4.8839 GBP
CFD Short 70,947 4.8707 GBP
SWAP Short 74,996 4.8827 GBP
SWAP Short 105,715 4.8797 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)

Ap29

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: 8 Jan 2015
Contact name: Jay Supaya
Telephone number: 0207 773 0635
Name of offeree/offeror with which connected INTERNATIONAL CONSOLIDATED AIRLINE GROUP S.A
Nature of connection Corporate Broker

Short Name: BARCLAYS PLC
Category Code: MSC
Sequence Number: 447596
Time of Receipt (offset from UTC): 20150108T113515+0000

Contacts

BARCLAYS PLC

Contacts

BARCLAYS PLC