Transaction in Own Shares

RNS Number : 0383B
Ryanair Holdings PLC
26 February 2014
 

Ryanair Holdings plc

Transaction in own shares

26 February 2014

Ryanair Holdings plc (the "Company") has previously announced an intention to return capital to shareholders by way of a combination of share buybacks and dividends. The Company today announces that on 26 February 2014 it purchased for cancellation a total of 110,000 ordinary shares of nominal value €0.00635 each in the capital of the Company ("Ordinary Shares").

The Ordinary Shares repurchased have been repurchased through Citigroup Global Markets Limited ("Citigroup") at an average price of €7.2781 per Ordinary Share. In respect of this programme, which will operate until 14 March 2014, Citigroup will make its 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 shares and Chapter 9 of the Listing Rules of the Irish Stock Exchange.

Following the cancellation of the Ordinary Shares repurchased on 26 February 2014, the Company will have 1,381,730,772 Ordinary Shares in issue. To the extent that further Ordinary Shares are repurchased under the programme, these shares will also be cancelled.

 

Contact:

Howard Millar

 

Ryanair Holdings Plc

 

Tel: + 353 1 8121212


This information is provided by RNS
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