Ryanair confirms London Stock Exchange delist

By Lisa James
Home » Ryanair confirms London Stock Exchange delist

Ryanair Holdings has written to the Financial Conduct Authority to give notice of its plans to delist from the London Stock Exchange.

The company said ‘the volume of trading of the shares on the London Stock Exchange does not justify the costs related to such listing and admission to trading’.

Companies that wish to delist must give at least 20 business days’ notice and Ryanair says its listing cancellation will become effective on 20 December.

Ryanair added: “Following the cancellation of the London Listing, the company will continue to have a primary listing on the regulated market of Euronext Dublin, which offers shareholders the highest standard of protection, including compliance with the UK Corporate Governance Code, and its ADRs (American Depositary Receipts) are listed on NASDAQ.”

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