Ryanair and Wizz to take away UK investor voting rights on EU exit

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Paddy replied

30 December 2020, 11:59
Originally posted by AtW View Post

“Ryanair and Wizz Air are to take away the voting rights of UK shareholders as a result of Britain’s exit from the EU.

The airlines are acting to comply with EU ownership rules once Britain leaves the bloc on Friday.

Ryanair said on Tuesday it had to “take steps” to ensure it would remain majority EU-owned and controlled to comply with European regulations.”

Subscribe to read | Financial Times

Can’t put a price on sovereignty

Who needs these airlines when we have our Dan-Air, B-cal, Monarch and Thomas Cook?
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AtW replied

30 December 2020, 10:38
Originally posted by NotAllThere View Post

Are UK based companies similarly going to strip EU investors of voting rights?

They would not dare because EU is much bigger entity
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NotAllThere replied

30 December 2020, 09:39
Are UK based companies similarly going to strip EU investors of voting rights?
Leave a comment:
AtW started a topic Ryanair and Wizz to take away UK investor voting rights on EU exit

29 December 2020, 22:11
Ryanair and Wizz to take away UK investor voting rights on EU exit

“Ryanair and Wizz Air are to take away the voting rights of UK shareholders as a result of Britain’s exit from the EU.

The airlines are acting to comply with EU ownership rules once Britain leaves the bloc on Friday.

Ryanair said on Tuesday it had to “take steps” to ensure it would remain majority EU-owned and controlled to comply with European regulations.”

Subscribe to read | Financial Times

Can’t put a price on sovereignty
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