Ryanair Holdings PLC Transaction in Own Shares (6436Z)
May 31 2016 - 1:01AM
UK Regulatory
TIDMRYA
RNS Number : 6436Z
Ryanair Holdings PLC
31 May 2016
Ryanair Holdings plc
Transaction in own shares
Ryanair Holdings plc (the "Company") has previously announced an
intention to return capital to shareholders by way of a share
buy-back programme to be conducted pursuant to irrevocable
arrangements with its brokers, Citigroup Global Markets Limited
("Citi") and J&E Davy ("Davy"). The Company today announces
that on 30 May 2016 it purchased for cancellation a total of 55,400
ordinary shares of nominal value EUR0.006 each in the capital of
the Company ("Ordinary Shares").
The Ordinary Shares repurchased have been repurchased at an
average price of EUR14.0329 per Ordinary Share (high of EUR14.0950
and low of EUR13.6000).
In respect of this programme, which will operate until not later
than 31 October 2016, Citi and Davy will make trading decisions in
relation to Ryanair's Ordinary Shares and American Depositary
Receipts repurchased under the buy-back programme independently of,
and uninfluenced by, Ryanair. Any such acquisitions will be
effected within certain pre-set parameters, and in accordance with
both Ryanair's general authority to repurchase Ordinary Shares and
Ordinary Shares underlying American Depositary Receipts, and
Chapter 9 of the Listing Rules of the Irish Stock Exchange.
Following the cancellation of the Ordinary Shares repurchased
the Company will have 1,272,014,545 Ordinary Shares in issue. To
the extent that further Ordinary Shares (including Ordinary Shares
underlying American Depositary Receipts) are repurchased under the
programme, these will also be cancelled.
Enquires
Contact:
Neil Sorahan
Ryanair Holdings Plc
Tel: + 353 1 945 1212
31 May 2016
This information is provided by RNS
The company news service from the London Stock Exchange
END
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