Transaction in Own Shares

RNS Number : 7733G
Ryanair Holdings PLC
31 May 2017
 

Ryanair Holdings plc

Transaction in own shares

 

Ryanair Holdings plc (the "Company") today announces that on 31 May 2017 it purchased for cancellation a total of 421,500 ordinary shares of nominal value €0.006 each in the capital of the Company ("Ordinary Shares") as further detailed below.


Per Ordinary Share

Average price paid

18.1827

Highest price paid

18.7300

Lowest price paid

17.8000

 

These share purchases form part of the Company's existing share buy-back programme, details of which were announced on 31 May 2017.

In respect of this programme, which will operate until not later than 31 October 2017, Citigroup Global Markets Limited ("Citigroup") and J&E Davy ("Davy") will make 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 Ordinary Shares, and Chapter 9 of the Listing Rules of the Irish Stock Exchange, the applicable laws and regulations of the Irish Stock Exchange and those provisions of Market Abuse Regulation 596/2014/EU dealing with buy-back programmes.

Following the cancellation of the Ordinary Shares repurchased the Company will have 1,217,449,499 Ordinary Shares in issue. To the extent that further Ordinary Shares are repurchased under the programme, these will also be cancelled.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a schedule of individual trades is available using the following link:

http://www.rns-pdf.londonstockexchange.com/rns/7733G_-2017-5-31.pdf

ENDS

Enquires:

Contact:

Neil Sorahan

Ryanair Holdings Plc

Tel: + 353 1 945 1212

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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