Ryanair leaving London Stock Exchange.
Ryanair leaving London Stock Exchange.
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Louis Balfour

Original Poster:

28,176 posts

251 months

Tuesday 23rd November 2021
quotequote all

I have quite a lot of Ryanair shares in a Youinvest SIPP. I see that they are exiting LSE.

Is this going to have any impact upon me? A quick Google from my phone has not provided the answer.

NowWatchThisDrive

1,326 posts

133 months

Tuesday 23rd November 2021
quotequote all
I don't think it will make any practical difference as you've already lost the voting rights, presumably it just means that when you want to sell them you'll do it on Euronext. It's been dual listed and the two lines fungible (same ISIN etc) for years anyway. But your broker should be able to tell you for definite.

Louis Balfour

Original Poster:

28,176 posts

251 months

Tuesday 23rd November 2021
quotequote all
NowWatchThisDrive said:
I don't think it will make any practical difference as you've already lost the voting rights, presumably it just means that when you want to sell them you'll do it on Euronext. It's been dual listed and the two lines fungible (same ISIN etc) for years anyway. But your broker should be able to tell you for definite.
Thanks. I know I should contact Yi but I knew PH would provide a quicker response.

A quick look at the share price this morning suggested a dip. Is this the LSE exit, in part?


NowWatchThisDrive

1,326 posts

133 months

Tuesday 23rd November 2021
quotequote all
Maybe there's some small holders using it as an excuse to clear out, but the news itself will have been expected and priced in for ages by now. I'd guess it's more just due to the London line being so illiquid as no one trades it.