Ryanair Holdings PLC Transaction in Own Shares (6318Q)

TIDMRYA

RNS Number : 6318Q

Ryanair Holdings PLC

01 December 2016

Ryanair Holdings plc

Transaction in own shares

Ryanair Holdings plc (the "Company") today announces that on 30 November 2016 it purchased for cancellation a total of 247,661 ordinary shares of nominal value EUR0.006 each in the capital of the Company ("Ordinary Shares") and 350,455 Ordinary Shares underlying American Depositary Shares, as further detailed below.

 
                  Per Ordinary   Per Ordinary 
                   Share          Share underlying 
                                  American Depositary 
                                  Shares 
---------------  -------------  --------------------- 
 Average price 
  paid            EUR13.8916     $16.08 
---------------  -------------  --------------------- 
 Highest price 
  paid            EUR14.2        $16.16 
---------------  -------------  --------------------- 
 Lowest price 
  paid            EUR13.8        $15.986 
---------------  -------------  --------------------- 
 

These share purchases form part of the Company's existing share buy-back programme, details of which were announced on 8 November 2016.

In respect of this programme, which will operate until not later than 28 February 2017, Citigroup Global Markets Limited ("Citigroup") and J&E Davy ("Davy") will make trading decisions in relation to Ryanair's Ordinary Shares and American Depositary 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 Ordinary Shares underlying American Depositary Shares, and Chapter 9 of the Listing Rules of the Irish Stock Exchange, the applicable laws and regulations of the Irish Stock Exchange and where relevant, those provisions of Market Abuse Regulation 596/2014/EU dealing with buy-back programmes and Rule 10b-18 and Rule 10b-5 of the Securities Exchange Act of 1934.

Following the cancellation of the Ordinary Shares repurchased the Company will have 1,241,573,078 Ordinary Shares in issue. To the extent that further Ordinary Shares (including Ordinary Shares underlying American Depositary 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 by Citi is available using the following link:

http://www.rns-pdf.londonstockexchange.com/rns/6318Q_-2016-11-30.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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December 01, 2016 02:00 ET (07:00 GMT)