Blueprint
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the
month of February 2017
RYANAIR HOLDINGS PLC
(Translation
of registrant's name into English)
c/o Ryanair Ltd Corporate Head Office
Dublin
Airport
County Dublin Ireland
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file
annual
reports
under cover Form 20-F or Form 40-F.
Form
20-F..X.. Form 40-F
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities
Exchange
Act of
1934.
Yes
No ..X..
If
"Yes" is marked, indicate below the file number assigned to the
registrant
in
connection with Rule 12g3-2(b): 82- ________
AMERICAN DEPOSITARY SHARE BUY-BACK PROGRAMME
Following
completion of Ryanair's latest share buy-back programme
(€550m) announced on 08 November 2016 and as outlined in the
Q3 results on 06 February 2017, Ryanair Holdings plc (the
"Company") announces that it has entered into arrangements with its
brokers, Citigroup Global Markets Limited ("Citigroup") and J&E
Davy ("Davy"), to commence an ADS buy-back programme to repurchase
on its behalf, ordinary shares of €0.006 each (the "Shares")
underlying American Depositary Shares ("ADS"), during the period
commencing on 17 February 2017 and ending on such date as the
Company may announce. These arrangements include the provision for
the Company to give irrevocable instructions to Citigroup and Davy
to purchase ADS during the Company's closed periods without
influence from the Company. The purpose of the ADS buy-back
programme is to reduce the share capital of the Company.
Accordingly, all Shares repurchased will be cancelled.
These
arrangements are in accordance with the Company's general authority
to repurchase Shares and Shares underlying ADS, Chapter 9 of the
Listing Rules of the Irish Stock Exchange, the applicable laws and
regulations of the Irish Stock Exchange and where relevant, those
provisions of Market Abuse Regulation 596/2014/EU dealing with
buy-back programmes and Rule 10b-18 and Rule 10b-5 of the
Securities Exchange Act of 1934. Citigroup and/or Davy may be
undertaking transactions in the Shares (which may include
participation in block purchases) during this period in order to
meet their respective obligations pursuant to this
buy-back.
The
maximum consideration payable by the Company in respect of
repurchases of Shares underlying ADS under these arrangements is up
to €150 million. The timing and the actual number of Shares
repurchased will be dependent on market conditions, legal and
regulatory requirements and the other terms and limitations
contained in the plans.
For further information
please
contact:
Robin
Kiely
Piaras Kelly
Ryanair
DAC
Edelman Ireland
Tel:
+353-1-9451271
Tel: +353-1-6789 333
press@ryanair.com
ryanair@edelman.com
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
Date: 17
February, 2017
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By:___/s/
Juliusz Komorek____
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Juliusz
Komorek
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Company
Secretary
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