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Ryanair drops London stock listing
Ryanair confirmed it will delist from the London Stock Exchange. It will go ahead and delist due to post-Brexit ownership rules. It will keep its listing in Dublin.
"The volume of trading of the shares on the London Stock Exchange does not justify the costs related to such listing," the airline said. It has notified the Financial Conduct Authority and will officially be delisted on 20 December.
It is ‘sadly an inevitable consequence of Brexit’ said CEO, Michael O’Leary.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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