Ireland: Reminder of special restrictions for Ryanair Holdings plc shares
Clearstream Banking1 reminds clients of the investment regulations concerning the purchase of ordinary shares in Ryanair Holdings plc (ISIN: IE00BYTBXV33) as explained in Investment regulation - Ireland, and the importance of accurate nationality declarations when purchasing or transferring shares, as described in Settlement services - Ireland - Securities eligible in Euroclear Bank.
Ryanair Holdings plc is required to be majority owned and effectively controlled by EU nationals as defined by Regulation (EC) No 1008/2008. An EU national is a national of any jurisdiction which is a “Member State” for the purposes of Article 4 of such Regulation, including the member states of the European Union, Switzerland, Norway, Iceland and Liechtenstein.
Accordingly, based on its Articles of Association, Ryanair Holdings plc at present restricts the acquisition of ordinary shares in Ryanair Holdings plc by all non-EU nationals and will require all non-EU nationals to dispose of any newly acquired ordinary shares.
It is the client’s responsibility to know and to comply with the restrictions and to involve their legal department, if necessary.
Failure to provide accurate nationality information or to dispose of shares, if and when required, will result in a securities freeze and a forced sale of the shares.
Further information
For further information, clients may contact Clearstream Banking Client Services or their Relationship Officer.
------------------------------------------
1. Clearstream Banking refers to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248.