RYA.L

Ryanair Holdings Plc
Ryanair Holdings PLC - Holding(s) in Company
7th November 2024, 07:00
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RNS Number : 2716L
Ryanair Holdings PLC
06 November 2024
 

Standard Form TR-1

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Ryanair Holdings Plc

2. Reason for the notification (please tick the appropriate box or boxes):

[ ] An acquisition or disposal of voting rights

[X] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[ ] Other (please specify)iii:

 

3. Details of person subject to the notification obligationiv :

Name:

Parvus Asset Management Europe Limited

City and country of registered office (if applicable):

London, United Kingdom

4. Full name of shareholder(s) (if different from 3.)v:

Parvus Asset Management Europe Limited has been appointed as Investment Manager to a number of funds. Under the terms of the various investment management agreements, Parvus Asset Management Europe Limited holds the power to vote any physical shareholdings held by these clients.

5. Date on which the threshold was crossed or reachedvi:

04 November 2024

6. Date on which issuer notified:

06 November 2024

7. Threshold(s) that is/are crossed or reached:

Going above 8% of voting rights (by way of equity swaps).

8. Total positions of person(s) subject to the notification obligation:


% of voting rights attached to shares (total of 9.A)

% of voting rights through financial instruments
(total of 9.B.1 + 9.B.2)

Total of both in % (9.A + 9.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

0%

8.055%

8.055%

1,088,305,662

Position of previous notification (if applicable)

0%

7.049%

7.049%


 

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

 

Direct

 

 

Indirect

 

 

Direct

 

 

Indirect

 
















SUBTOTAL A






B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 

Type of financial instrument

Expiration
datex

Exercise/
Conversion Periodxi

Number of voting rights that may be acquired if the instrument is exercised/converted.

% of voting rights


















SUBTOTAL B.1




B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument

Expiration
datex

Exercise/
Conversion Period xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

Equity Swap

13/01/2025

NA

Cash

192,701

0.018%

Equity Swap

03/07/2025

NA

Cash

45,459,083

4.177%

Equity Swap

05/01/2026

NA

Cash

1,205,423

0.111%

Equity Swap

20/04/2026

NA

Cash

7,062,555

0.649%

Equity Swap

18/05/2026

NA

Cash

498,750

0.046%

Equity Swap

09/09/2026

NA

Cash

33,243,575

3.055%



 

SUBTOTAL B.2

87,662,087

8.055%

 

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

 

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

 

[x] Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

 

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Edoardo Mercadante

N/A

8.055%

8.055%

Parvus Asset Management (Cayman) Limited

N/A

8.055%

8.055%

Parvus Asset Management Limited

N/A

8.055%

8.055%

Parvus Asset Management Europe Limited

N/A

8.055%

8.055%

 

 

 

 

 

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

N/A


12. Additional informationxvi:

One of the funds under management, Parvus European Opportunities Master Fund, individually crossed above 3%, holding 34,619,369 equity swaps representing 3.181% of the total voting rights.

 

 

Completed in London on 06 November 2024

 

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