British Airways: Shares To Be Suspended From Jan. 21 Due To Merger
January 11 2011 - 5:47AM
Dow Jones News
British Airways PLC (BAY.LN), the flag carrier airline of U.K.,
said Tuesday it anticipates trading in its ordinary shares to be
suspended with effect from 0730 GMT on Jan. 21 due to the company's
merger with Iberia.
MAIN FACTS:
-International Consolidated Airlines Group, S.A., or IAG, shares
will be admitted to the Official List by the UKLA and to trading by
the London Stock Exchange and the Madrid, Barcelona, Bilbao and
Valencia stock exchanges with effect from 0800 GMT on Jan. 24.
-Shares of British Airways at 1112 GMT up 2.10 pence or 0.71% at
299.90 pence.
-By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448,
tapan.panchal@dowjones.com