PPRuNe Forums - Ryanair in Play?

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The Guvnor

23rd Nov 2001 18:51

Ryanair in Play?

Quote:

Ryanair Holdings plc has today announced that The Capital Group Companies, Inc. and its affiliates now hold, in aggregate, 27,506,513 ordinary shares in the company. This represents 7.60 per cent of the current issued ordinary share capital of Ryanair.

Given the recent sale of shares by Tony Ryan, could this mean that a bid for the company is in the offing?

HalesAndPace

23rd Nov 2001 19:22

On the subject of Ryanair shares, is it true that there has never been a dividend issued against them??

genius747

23rd Nov 2001 19:37

thats some good cut & paste work guvnor... I can read the paper also! as I'm sure the rest of the PPRUNers can also.

The Guvnor

23rd Nov 2001 19:39

HalesandPace - I believe that's true, though it is relatively common for growth companies to rely on the increased asset growth (and share price increase) rather than paying dividends.

Interestingly, this just off the wires:

Quote:

Ryanair Holdings plc have been notified by Putnam Investment Management, LLC and The Putnam Advisory Company, LLC (together 'Putnam') that their clients hold beneficial interests in 17,432,915 Ryanair
Holdings ADR shares.This representing 4.822% of the Ryanair Holdings ADR shares outstanding.

ADRs are American Depository Receipts; basically the shares issued for the US market.

The Guvnor

23rd Nov 2001 19:45

Care to tell me which paper it's from then, genius747? :D :rolleyes: :D

HugMonster

23rd Nov 2001 19:46

genius, would you get a life? I also suggest you change your handle.

This is a bulletin board for "News and Rumours" about the world of aviation, and that's what The Guvnor posted. If you have a problem with that, you don't belong here.

FWIW, I don't get a newspaper. I was glad to hear of it from PPRuNe.

gyrohead

23rd Nov 2001 23:45

Nothing wrong with starting a company and selling it on when it makes a profit. That would be sound business sense, but there always seems to be something not quite right about the reasons why MOL & the Ryans get rid of their personal shares in the company. Having studied the growth of FR since 1994 There has been an inordinate amount of share shedding by the directors in the company. Maybe sound business sense!, but could also be a case of getting out before the trouble starts. After all nothing's perfect and running Ryanair is certainly not a license to print money.
_____________________________

BTW Guv! Just what paper were you reading (online!) :cool:

[ 23 November 2001: Message edited by: gyrohead ]

crossfeedclosed

26th Nov 2001 03:11

Who is this Capital group? Michael O'Leary or Tony Ryan? Or both?

LimaNovember

27th Nov 2001 11:54

genius,

If you have nothing else to do, do it somewhere else.

Some of us do not live in England, and news like this one do not necessarily pop up in my newspaper. Tks Guv :)

M.Mouse

27th Nov 2001 14:54

genius747 is a well known idiot who has made various crass postings on various sections of PPRuNe, all of which demonstrate great ignorance. His profile changes frequently (I note he is now a doctor) and he also deletes his postings whenever he gets a hostile response (which is just about every time).

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