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Ryanair to quit London Stock Exchange in December over Brexit
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Ryanair is pressing ahead with plans to delist from the London Stock Exchange because of foreign ownership and control rules that apply because of Brexit.
The low-cost airline, which indicated earlier this month that it intended to become solely listed in Dublin, said that its last day of trading on the London Stock Exchange would be 17 December.
“As indicated at our interim results, and following subsequent shareholder engagement, Ryanair has decided to request the cancellation of London listing,” the company said in a statement. “The volume of trading of the shares on the London Stock Exchange does not justify the costs related to such listing and admission to trading, and so as to consolidate trading liquidity to one regulated market for
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