Transaction in Own Shares

RNS Number : 6022P

Ryanair Holdings PLC

03 October 2013

 



Ryanair Holdings Plc

Transaction in Own Shares

3 October, 2013

Ryanair Holdings Plc ("the Company") has previously announced an intention to return capital to shareholders by way of a combination of share buybacks and dividends. The Company today announces that on 2 October, 2013 it purchased for cancellation a total of 10,000,000 ordinary shares of nominal value €0.00635 each in the capital of the Company ("Ordinary Shares").

All of these repurchased Ordinary Shares are Ordinary Shares underlying American Depositary Shares ("ADSs"), for which the price paid was $50.12 per ADS. The Ordinary Shares repurchased have been repurchased under anirrevocable non-discretionary programme executed by Davy. In respect of this programme, which will operate until 7.00 a.m. on 6 November, 2013 being two business days following publication of Ryanair's interim results in respect of the six months ended 30 September, 2013,  Davy will make its trading decisions in relation to Ryanair's Ordinary Shares 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 shares and Chapter 9 of the Listing Rules of the Irish Stock Exchange.

Following the cancellation of the Ordinary Shares repurchased on 2 October, 2013, the Company will have 1,413,492,629 Ordinary Shares in issue. To the extent that further Ordinary Shares are repurchased under the programme, these shares will also be cancelled.

Contact:

Howard Millar

Ryanair Holdings Plc

Tel: + 353 1 8121212

 

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