Transaction in Own Shares

RNS Number : 7736R

Ryanair Holdings PLC

11 March 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 10 March 2016 it purchased for cancellation a total of 306,600 ordinary shares of nominal value €0.006 each in the capital of the Company ("Ordinary Shares") and 671,000 Ordinary Shares underlying American Depositary Receipts.

The Ordinary Shares repurchased have been repurchased at an average price of €13.4847 per Ordinary Share (high of €13.5115 and low of €13.4756) and the Ordinary Shares underlying American Depositary Receipts have been repurchased at an average price of $16.2769 (high of $16.4060 and low of $16.1180).

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 1,297,813,202 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

11 March 2016

 

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