Ryanair Holdings PLC - RYANAIR RESTRICTS NON-EU VOTING RIGHTS POST-BREXIT
RYANAIR RESTRICTS NON-EU VOTING RIGHTS
TO PROTECT ITS EU AIRLINE LICENCES POST-BREXIT
As previously advised (https://investor.ryanair.com/brexit/) and announced by Ryanair Holdings PLC (the "Company") on
In accordance with the resolutions passed by the Board of the Company on
Restricted Share Notices will be issued to the registered holder(s) of each Restricted Share in due course, specifying that the holder(s) of such shares shall not be entitled to attend, speak or vote at any general meeting of the Company for so long as those shares are treated as Restricted Shares pursuant to Article 41(J)(i) of the Articles of Association. Notwithstanding the powers vested in the chairman of general meetings of the Company pursuant to Article 41(J)(i) of the Articles of Association, the chairman will not vote any Restricted Shares at any meeting of the Company.
These resolutions will remain in place until the Board of the Company determines that the ownership and control of the Company is no longer such that there is any risk to the airline licences held by the Company's subsidiaries pursuant to EU Regulation 1008/2008.
For the avoidance of doubt:
· the prohibition on non-EU nationals acquiring Ordinary Shares in the Company, as announced by the Company on
· for these purposes, a non-EU national means a national of any jurisdiction which is not considered to be a "Member State" for the purposes of Article 4 of EU Regulation 1008/2008 (as amended from time to time), including the member states of the European Union,
For further information please contact:
Ryanair Holdings plc,
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