Friday 19 November 2021 8:41 am
Ryanair has confirmed plans to delist from the London Stock Exchange and remain listed solely in Ireland.
The budget airline said the volume of trading of its shares on the London market “does not justify the costs related to such listing and admission to trading”.
Its last day of trading will be December 17.
The decision is a blow to the main market, with the company valued at £18.4bn.
However, it was widely expected and followed indications in its half-year results and shareholder discussions.
The company will continue to have a primary listing on Euronext Dublin.
More to follow…
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Ryanair posts first profit since Covid but mulls London delisting
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https://www.cityam.com/breaking-ryanair-confirms-plans-to-delist-from-london-stock-exchange/