So with shares currently worth 13.40 each, and only getting 11.77 each, then why would people have voted overwhelmingly for this ? I was under the impression that we'd a cut from the Aer Lingus money, like we did with dividends previously, and we'd win, not lose.
Or have I missed something ?
I'm not really sure what has happened in my Degiro account. It's showing "Dividend .2942 x 100 shares" and underneath "Dividend tax .0441 x 100 shares" which is subtracted from the first amount. Cash funds haven't changed either but I presume this might not happen until the dispatch of cheques date per the circular (16th Nov).
I can also see the selling of my ryanair shares and repurchase - this did result in a small change in cash funds which I think the circular alluded to with "The intention is that, subject to market movements, the share price of one New Ordinary Share immediately after Listing of the New Ordinary Shares becoming effective should be approximately equal to the share price of one Existing Ordinary Share immediately beforehand."
*100 shares is an arbitrary figure used above
I am not familiar with a "Degiro" account.
Irish resident shareholders will receive the payment gross.
Degiro appears to be deducting a 15% tax from your dividend. Who are Degiro? Are you resident in Ireland?
Ah Brendan, where have you been!
New player in online stock broker market in Ireland - https://www.degiro.ie/
Brendan,In 2007, Ryanair had a 2 for 1 share split.
So is it possible that you held approx 2540 shares?
Now you own 39/40ths of 2540 or 2476.
What are the exact numbers and you can check this?
Brendan
Brendan , sounds great as I didn't hear anything about the 2 for 1 share split in 2007 nor did I get a new cert at that time, would this be normal ?So in 2007, your shareholding was doubled to 2,440
You will get 29.42 cents per share or €718.
The number of new shares is correct:
2,440 /40 x 39 = 2,379
2,379 x €14.38 per share = €34,200
So you are twice as rich as you thought you were.
Brendan
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