Cannot buy Ryanair shares - because Brexit.
Cannot buy Ryanair shares - because Brexit.
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Discussion

Louis Balfour

Original Poster:

28,176 posts

251 months

Wednesday 19th January 2022
quotequote all

I've got some RYA shares that have done well since I bought them. I tried to buy some more this morning and I can't. Apparently UK citizens are barred from buying them, only EU citizens can buy them.

Evidently, Ryanair have to maintain a certain level of EU shareholders and that is why they have barred UK buyers.

Has anyone else come across this?

NowWatchThisDrive

1,326 posts

133 months

Wednesday 19th January 2022
quotequote all
It's due to ownership requirements for EU domiciled airlines and been known about for quite a while now, not much you can do about it. You can still trade the ADR on NASDAQ if you really want, though obviously that carries FX risk.

Louis Balfour

Original Poster:

28,176 posts

251 months

Wednesday 19th January 2022
quotequote all
NowWatchThisDrive said:
It's due to ownership requirements for EU domiciled airlines and been known about for quite a while now, not much you can do about it. You can still trade the ADR on NASDAQ if you really want, though obviously that carries FX risk.
Not that fussed TBH. I was only intending to reinvest divis.

Thanks for the tip though.