Ryanair Holdings

EU ownership nearing 50%

  • Sectors : Airlines
  • Companies : Ryanair Holdings

Ratings and price correct at time of issue.

  • Ryanair Holdings

    Closing Price: 1578c

  • RATING 07/12/09

  • PREVIOUS RATING 02/11/09

    NEUTRAL

DAVY VIEW

In anticipation of 50% of its issued share capital being held by EU nationals with a 6-12 month timeframe, Ryanair has announced that it will review current EU ownership and control requirements. The review will consider a potential change in (i) the purchase prohibition or (ii) voting restrictions. It is unlikely that the review will be concluded in the short term and Ryanair states “there can be no certainty as to the duration of the review or that any variation in approach will result from the review”.

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Sep 12 2024, 07:35 IST/BST

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