british shareholders: Ryanair said that to comply with these regulations it would have to restrict the rights of British shareholders, who control about 20% of the company's stock, to bring them into line with other non-EU investors, according to The Guardian. It said this would reduce the risk that the proportion of its shares held by EU nationals falls from around 55% to below half. EU regulations require that airlines flying under a European licence must be majority-owned and controlled by shareholders from the trading bloc. Ryanair's London-listed shares fell by more than 2% by midday on Monday. While he has largely focused on the potential negative impact on airlines flying between the UK and EU, Ryanair confirmed that its investors would also be affected. The outspoken chief executive, Michael O'Leary, has been a vocal critic of the government's handling of Brexit, warning that no deal is increasingly likely.
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