Ryanair Consents to Migration of Ordinary SharesSource: RNS
RYANAIR CONSENTS TO THE MIGRATION OF ITS ORDINARY SHARES
TO THE EUROCLEAR BANK CENTRAL SECURITIES DEPOSITORY
As previously announced, the shareholders of Ryanair Holdings plc (the "Company") approved resolutions in relation to the replacement of CREST with a system operated by Euroclear Bank SA/NV for the electronic settlement of trading in the Company's ordinary shares at the extraordinary general meeting held on 17 December 2020 (the "EGM").
In accordance with Resolution 1 approved at the EGM, on 4 January 2021 a committee of the board of directors of the Company approved the Company giving its consent to the migration of its ordinary shares to the Euroclear Bank SA/NV central securities depository in accordance with the Migration of Participating Securities Act 2019. The requisite notifications in connection with the migration have also been made by the Company to the Irish Companies Registration Office and Euronext Dublin.
The migration of the Company's ordinary shares will take place as part of the wider market migration of the shares of the listed Irish companies which have consented to the migration. The market migration will take place on the date determined by Euronext Dublin, which is currently expected to be on or around 15 March 2021. Further announcements will be made in relation to the migration timetable in due course.
For further information please contact:
Ryanair Holdings plc, Peter Larkin, Head of Investor Relations, Tel: +353 (0) 1 945 1212