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Ryanair Holdings PLC Reports Major Shareholder Changes in SEC Form 6-K Filing

$RYAAY
Form 6-K
Filed on: 2025-02-10
Source
Ryanair Holdings PLC Reports Major Shareholder Changes in SEC Form 6-K Filing

Here are the key insights extracted from the financial report (Form 6-K) related to Ryanair Holdings PLC:

  1. Filing Details:
  • The document is a Form 6-K, a report of a foreign private issuer, filed with the SEC.
  • Filing date: February 10, 2025.
  1. Company Information:
  • Name: Ryanair Holdings PLC.
  • Address: Dublin Airport, County Dublin, Ireland.
  1. Notification of Major Holdings:
  • The report includes a notification regarding major holdings under the Standard Form TR-1.
  1. Identity of Shareholder:
  • The Capital Group Companies, Inc. is the entity subject to the notification obligation.
  • Registered office: Los Angeles, USA.
  1. Reason for Notification:
  • The notification is due to an acquisition or disposal of voting rights.
  1. Voting Rights Changes:
  • The Capital Group Companies, Inc. and its affiliate, Capital Research and Management Company, have decreased their holdings below 13.00% of total voting rights outstanding.
  • Resulting voting rights after the change: 12.98%.
  1. Date Threshold Crossed:
  • The threshold was crossed on February 6, 2025.
  • The issuer was notified on February 7, 2025.
  1. Shareholding Details:
  • Total voting rights of the issuer: 1,074,662,824.
  • Previous notification indicated a holding of 13.01%.
  1. Current Holdings:
  • Capital Research and Management Company holds 12.98% of voting rights, which includes:
    • 139,125,614 voting rights through Depository Receipts (12.95%).
    • 412,079 voting rights in ordinary shares (0.04%).
  1. Corporate Structure:
    • The Capital Group Companies, Inc. manages investment assets for various investment companies and clients.
    • It oversees multiple investment management companies under its umbrella, indicating a comprehensive investment strategy.
  1. Conclusion:
    • The report serves to inform the SEC and the public of significant changes in the voting rights held by the Capital Group entities, emphasizing a strategic reduction in their stake in Ryanair Holdings PLC.

This analysis highlights the major changes in voting rights and the implications for ownership concentration in Ryanair Holdings PLC, reflecting a notable shift in shareholder dynamics.