Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/vestivxx/public_html/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wprss domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/vestivxx/public_html/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wprss domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/vestivxx/public_html/wp-includes/functions.php on line 6114
Can I still buy Ryanair shares? – Vested Daily

Can I still buy Ryanair shares?

The no-frills airline Ryanair (LSE: RYA) made an announcement on Friday that could have implications for owners of Ryanair shares.

Ryanair shares will be delisted in London

The company announced that it is delisting its shares from the London stock exchange. That means that people will no longer be able to buy and sell Ryanair shares on the London market after the delisting date. So the last trading day on which Ryanair shares can be traded on the London market will be 17 December.

5 Stocks For Trying To Build Wealth After 50

Markets around the world are reeling from the coronavirus pandemic… and with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.

But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be a daunting prospect during such unprecedented times.

Fortunately, The Motley Fool UK analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global upheaval…

We’re sharing the names in a special FREE investing report that you can download today. And if you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio.

Click here to claim your free copy now!

The company explained the move in the following terms: “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 the benefit of all shareholders.“

This was something which the company had signalled was an option over the course of some time. So it will not come as a surprise to investors. The statement refers to the cost of the London listing and Ryanair is known for watching every penny. But that is not the only reason this move makes sense. There are EU rules on the percentage of non-EU ownership airlines can have. The UK has now left the EU but Ryanair remains a popular holding among UK investors. Delisting in London may further nudge some UK shareholders to sell their holdings. That could help Ryanair stay in line with the European rules on foreign ownership.

Dublin will continue as Ryanair’s primary listing

Ryanair is an Irish airline originally, although like many large companies it now has a complicated corporate structure spanning multiple jurisdictions. Its primary listing is on the Dublin stock exchange. That will not change after it delists in London — Ryanair will continue to be traded in Dublin.

UK shareholders who want to buy or sell Ryanair shares will be able to do so on the Dublin market, subject to any restrictions they face on overseas dealing. But that does not mean that there is no effective change for UK investors compared to the company maintaining a London listing. Overseas dealing fees may apply depending on one’s trading terms and conditions. There may also be different tax implications for some investors compared to trading on the London exchange.

Will this impact the Ryanair share price?

The argument for an Irish company like Ryanair listing on a larger stock exchange such as London rather than staying on its home turf is access to capital. Over the years, the Ryanair story has become more prominent across Europe. I think the company can attract all the share capital it needs in Dublin these days. Ending the UK listing will also cut some costs for the company.

So I see the move as mildly positive for the company’s finances. I don’t expect it to have a big impact one way or the other on the Ryanair share price, though. So it won’t affect my thinking on whether to add Ryanair to my portfolio. I expect the Ryanair share price to continue to be driven more by its business results and investor expectations around aviation recovery, rather than its listing site.

Inflation Is Coming: 3 Shares To Try And Hedge Against Rising Prices

Make no mistake… inflation is coming.

Some people are running scared, but there’s one thing we believe we should avoid doing at all costs when inflation hits… and that’s doing nothing.

Money that just sits in the bank can often lose value each and every year. But to savvy savers and investors, where to consider putting their money is the million-dollar question.

That’s why we’ve put together a brand-new special report that uncovers 3 of our top UK and US share ideas to try and best hedge against inflation…

…because no matter what the economy is doing, a savvy investor will want their money working for them, inflation or not!

Best of all, we’re giving this report away completely FREE today!

Simply click here, enter your email address, and we’ll send it to you right away.


Christopher Ruane has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

This post was originally published on Motley Fool

Financial News

Daily News on Investing, Personal Finance, Markets, and more!