Ryanair to Drop London Listing in Wake of Brexit
LONDON—Europe’s largest budget airline, Ryanair Holdings PLC, plans to ditch its London listing, citing low trading volumes and a desire to accelerate efforts to comply with European Union ownership requirements.
EU rules call for all airlines based in member states to be at least 50% owned by shareholders from within the bloc, a requirement the Irish carrier has struggled to meet ever since the U.K. split from the EU at the start of last year.
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