Ryanair sidelines investors for Brexit

Ryanair will restrict the rights of UK shareholders on a no-deal Brexit, the airline says. British citizens own stick in Ryanair will be unable to vote on company resolutions or attend AGMs, while they will also be prevented from acquiring additional shares.

European Union regulations dictate that airlines operating under a European licence must be majority-owned and controlled by shareholders from the EU. And that means curtailing the rights of British shareholders to align them with other non-EU investors.

If UK shareholders wish to sell the shares after a no-deal Brexit, they will only be allowed to sell them to EU nationals.

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