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Blocklisting listing application
RNS Number : 1390M
International Cons Airlines Group
21 August 2013
 



 

 

21 August 2013

Block listing application

International Consolidated Airlines Group, S.A. (the "Company") announces that it has made a block listing application for 184,708,994 ordinary shares in the Company with a nominal value of €0.50 each (the "Shares") to be admitted to the Official List of the UK Listing Authority and to trading on the Regulated Market of the London Stock Exchange.

This block listing application has been made in the expectation that the holders of the British Airways Plc £350,000,000 5.80 per cent. convertible bonds due 2014 (the "Bonds") will exercise their rights to convert their Bonds into ordinary shares in the Company before the early redemption of the Bonds on 30 September 2013. Please see the announcements made by the Company and British Airways Plc on 16 August 2013 for further details of the redemption and conversion processes in respect of the Bonds.

The Shares will be allotted to holders of the Bonds who exercise their conversion rights in accordance with the terms and conditions of the Bonds. The Shares will be issued fully paid and will rank pari passu in all respects with existing ordinary shares in the Company. Admission is expected to be effective on 22 August 2013.

This notification is made in accordance with Listing Rule 3.5.5R.

IAG Investor Relations
www.iagshares.com 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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