Ryanair Holdings (RYAAY) has released an update.
Ryanair Holdings PLC has reported a significant financial transaction in which Parvus Asset Management Europe Limited has crossed the threshold of 8% of voting rights, largely due to equity swaps. The notification, dated 2nd July 2024 and completed on 4th July 2024, indicates a strategic financial move, with the detailed equity swap transactions leading to a change in the distribution of voting power. One fund, Parvus European Opportunities Master Fund, has notably crossed above 3% holding in equity swaps, representing 3.211% of total voting rights.
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