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Ryanair will be delisted from the London Stock Exchange next month, the Irish no-frills airline has announced, amid high costs and falling trading volumes after London left the European Union.
The airline, whose primary listing is on Euronext Dublin, had already suggested the move in early November due to the Brexit fallout.
Britain formally left the EU at the start of the year, with London losing its European stock trading crown to Amsterdam for most of 2021.
Ryanair, whose last trading day in London is set for December 17, added yesterday that it will “continue to have a primary listing on the regulated market of Euronext Dublin, offering shareholders the highest standard of protection”.
On November 1, Ryanair had said that “migration from the LSE is consistent with a general trend for EU company shares trading post-Brexit”.
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