Ryanair Hold. Plc

Major Shareholding Notification • Dec 1, 2020

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title: Standard Form TR1
author: Varma, Shradha [Ops]
date: 2020-11-30 16:29:00+00:00

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Standard Form TR-1

Standard form for notification of major holdings

Done at London on 30/11/2020

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i	NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i	NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i	NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i	NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i	NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Ryanair Holdings plc
LEI: 635400BR2ROC1FVEBQ56	1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Ryanair Holdings plc
LEI: 635400BR2ROC1FVEBQ56	1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Ryanair Holdings plc
LEI: 635400BR2ROC1FVEBQ56	1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Ryanair Holdings plc
LEI: 635400BR2ROC1FVEBQ56	1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Ryanair Holdings plc
LEI: 635400BR2ROC1FVEBQ56	1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Ryanair Holdings plc
LEI: 635400BR2ROC1FVEBQ56
2. Reason for the notification (please tick the appropriate box or boxes):
[x] An acquisition or disposal of voting rights
[ ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights
[ ] Other (please specify)iii:
2. Reason for the notification (please tick the appropriate box or boxes):
[x] An acquisition or disposal of voting rights
[ ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights
[ ] Other (please specify)iii:
2. Reason for the notification (please tick the appropriate box or boxes):
[x] An acquisition or disposal of voting rights
[ ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights
[ ] Other (please specify)iii:
2. Reason for the notification (please tick the appropriate box or boxes):
[x] An acquisition or disposal of voting rights
[ ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights
[ ] Other (please specify)iii:
2. Reason for the notification (please tick the appropriate box or boxes):
[x] An acquisition or disposal of voting rights
[ ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights
[ ] Other (please specify)iii:
2. Reason for the notification (please tick the appropriate box or boxes):
[x] An acquisition or disposal of voting rights
[ ] An acquisition or disposal of financial instruments
[ ] An event changing the breakdown of voting rights
[ ] Other (please specify)iii:
3. Details of person subject to the notification obligationiv :	3. Details of person subject to the notification obligationiv :	3. Details of person subject to the notification obligationiv :	3. Details of person subject to the notification obligationiv :	3. Details of person subject to the notification obligationiv :	3. Details of person subject to the notification obligationiv :
Name:
The Goldman Sachs Group, Inc.	Name:
The Goldman Sachs Group, Inc.	City and country of registered office (if applicable):
Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA	City and country of registered office (if applicable):
Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA	City and country of registered office (if applicable):
Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA	City and country of registered office (if applicable):
Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA
4. Full name of shareholder(s) (if different from 3.)v: Goldman Sachs International	4. Full name of shareholder(s) (if different from 3.)v: Goldman Sachs International	4. Full name of shareholder(s) (if different from 3.)v: Goldman Sachs International	4. Full name of shareholder(s) (if different from 3.)v: Goldman Sachs International	4. Full name of shareholder(s) (if different from 3.)v: Goldman Sachs International	4. Full name of shareholder(s) (if different from 3.)v: Goldman Sachs International
5. Date on which the threshold was crossed or reachedvi: 26/11/2020	5. Date on which the threshold was crossed or reachedvi: 26/11/2020	5. Date on which the threshold was crossed or reachedvi: 26/11/2020	5. Date on which the threshold was crossed or reachedvi: 26/11/2020	5. Date on which the threshold was crossed or reachedvi: 26/11/2020	5. Date on which the threshold was crossed or reachedvi: 26/11/2020
6. Date on which issuer notified: 30/11/2020	6. Date on which issuer notified: 30/11/2020	6. Date on which issuer notified: 30/11/2020	6. Date on which issuer notified: 30/11/2020	6. Date on which issuer notified: 30/11/2020	6. Date on which issuer notified: 30/11/2020
7. Threshold(s) that is/are crossed or reached: Below 3%	7. Threshold(s) that is/are crossed or reached: Below 3%	7. Threshold(s) that is/are crossed or reached: Below 3%	7. Threshold(s) that is/are crossed or reached: Below 3%	7. Threshold(s) that is/are crossed or reached: Below 3%	7. Threshold(s) that is/are crossed or reached: Below 3%
8. Total positions of person(s) subject to the notification obligation:	8. Total positions of person(s) subject to the notification obligation:	8. Total positions of person(s) subject to the notification obligation:	8. Total positions of person(s) subject to the notification obligation:	8. Total positions of person(s) subject to the notification obligation:	8. Total positions of person(s) subject to the notification obligation:
	% of voting rights attached to shares (total of 9.A)	% of voting rights attached to shares (total of 9.A)	% of voting rights through financial instruments
(total of 9.B.1 + 9.B.2)	Total of both in % (9.A + 9.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	2.92%	2.92%	3.60%	6.53%	1,125,292,028
Position of previous notification (if applicable)	3.07%	3.07%	3.18%	6.25%

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:	9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:	9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:	9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:	9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:	9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:	9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:	9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:	9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:	9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:	9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:
A: Voting rights attached to shares	A: Voting rights attached to shares	A: Voting rights attached to shares	A: Voting rights attached to shares	A: Voting rights attached to shares	A: Voting rights attached to shares	A: Voting rights attached to shares	A: Voting rights attached to shares	A: Voting rights attached to shares	A: Voting rights attached to shares	A: Voting rights attached to shares
Class/type of
shares
ISIN code (if possible)	Number of voting rightsix	Number of voting rightsix	Number of voting rightsix	Number of voting rightsix	Number of voting rightsix	% of voting rights	% of voting rights	% of voting rights	% of voting rights	% of voting rights
Class/type of
shares
ISIN code (if possible)
Direct
Direct
Direct
Indirect
Indirect
Direct
Direct
Indirect
Indirect
Indirect
IE00BYTBXV33				32,604,926	32,604,926			2.90%	2.90%	2.90%
US7835132033				286,306	286,306			0.03%	0.03%	0.03%
SUBTOTAL A				32,891,232	32,891,232			2.92%	2.92%	2.92%
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations	B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations	B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations	B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations	B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations	B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations	B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations	B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations	B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations	B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations	B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
Type of financial instrument	Type of financial instrument	Expiration
datex	Exercise/
Conversion Periodxi	Exercise/
Conversion Periodxi	Exercise/
Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exercised/converted.	Number of voting rights that may be acquired if the instrument is exercised/converted.	Number of voting rights that may be acquired if the instrument is exercised/converted.	% of voting rights	% of voting rights
Securities Lending	Securities Lending	Open				645,239	645,239	645,239	0.06%	0.06%
Swap	Swap	21/01/2021				10,000,009	10,000,009	10,000,009	0.89%	0.89%
Swap	Swap	26/01/2021				5,001,832	5,001,832	5,001,832	0.44%	0.44%
Call Option	Call Option	19/03/2021				4,307,300	4,307,300	4,307,300	0.38%	0.38%
Put Option	Put Option	19/03/2021				2,400	2,400	2,400	0.0002%	0.0002%
			SUBTOTAL B.1	SUBTOTAL B.1	SUBTOTAL B.1	19,956,780	19,956,780	19,956,780	1.77%	1.77%
B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations	B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations	B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations	B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations	B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations	B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations	B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations	B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations	B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations	B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations	B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations
Type of financial instrument	Expiration
datex	Expiration
datex	Exercise/
Conversion Period xi	Exercise/
Conversion Period xi	Physical or cash settlementxii	Physical or cash settlementxii	Number of voting rights	Number of voting rights	Number of voting rights	% of voting rights
Swap	09/06/2021	09/06/2021			Cash	Cash	7,500,371	7,500,371	7,500,371	0.67%
Swap	28/09/2021	28/09/2021			Cash	Cash	5,879,906	5,879,906	5,879,906	0.52%
Swap	27/09/2021	27/09/2021			Cash	Cash	4,556,474	4,556,474	4,556,474	0.40%
CFD	30/09/2030	30/09/2030			Cash	Cash	1,312,057	1,312,057	1,312,057	0.12%
CFD	30/09/2030	30/09/2030			Cash	Cash	484,050	484,050	484,050	0.04%
CFD	30/09/2030	30/09/2030			Cash	Cash	251,233	251,233	251,233	0.02%
CFD	30/09/2030	30/09/2030			Cash	Cash	183,475	183,475	183,475	0.02%
CFD	19/08/2030	19/08/2030			Cash	Cash	67,073	67,073	67,073	0.01%
CFD	08/07/2030	08/07/2030			Cash	Cash	60,502	60,502	60,502	0.01%
CFD	12/06/2030	12/06/2030			Cash	Cash	41,001	41,001	41,001	0.004%
CFD	30/10/2030	30/10/2030			Cash	Cash	32,615	32,615	32,615	0.003%
CFD	13/11/2023	13/11/2023			Cash	Cash	28,000	28,000	28,000	0.002%
CFD	16/11/2022	16/11/2022			Cash	Cash	27,000	27,000	27,000	0.002%
CFD	18/03/2030	18/03/2030			Cash	Cash	26,505	26,505	26,505	0.002%
CFD	28/05/2030	28/05/2030			Cash	Cash	25,973	25,973	25,973	0.002%
CFD	25/10/2021	25/10/2021			Cash	Cash	22,500	22,500	22,500	0.002%
CFD	11/11/2030	11/11/2030			Cash	Cash	18,773	18,773	18,773	0.002%
CFD	15/07/2025	15/07/2025			Cash	Cash	10,125	10,125	10,125	0.001%
CFD	15/04/2030	15/04/2030			Cash	Cash	7,526	7,526	7,526	0.001%
CFD	25/10/2021	25/10/2021			Cash	Cash	7,500	7,500	7,500	0.001%
CFD	02/05/2023	02/05/2023			Cash	Cash	7,433	7,433	7,433	0.001%
CFD	25/11/2030	25/11/2030			Cash	Cash	7,400	7,400	7,400	0.001%
CFD	25/11/2030	25/11/2030			Cash	Cash	7,000	7,000	7,000	0.001%
CFD	13/11/2023	13/11/2023			Cash	Cash	7,000	7,000	7,000	0.001%
CFD	27/09/2024	27/09/2024			Cash	Cash	3,878	3,878	3,878	0.0003%
Swap	15/02/2021	15/02/2021			Cash	Cash	3,663	3,663	3,663	0.0003%
Swap	17/02/2021	17/02/2021			Cash	Cash	3,535	3,535	3,535	0.0003%
CFD	21/08/2030	21/08/2030			Cash	Cash	2,475	2,475	2,475	0.0002%
CFD	30/07/2030	30/07/2030			Cash	Cash	2,333	2,333	2,333	0.0002%
CFD	21/08/2030	21/08/2030			Cash	Cash	1,982	1,982	1,982	0.0002%
CFD	15/10/2030	15/10/2030			Cash	Cash	1,300	1,300	1,300	0.0001%
CFD	30/09/2030	30/09/2030			Cash	Cash	1,288	1,288	1,288	0.0001%
CFD	30/07/2030	30/07/2030			Cash	Cash	936	936	936	0.0001%
CFD	30/07/2030	30/07/2030			Cash	Cash	672	672	672	0.0001%
CFD	07/10/2030	07/10/2030			Cash	Cash	637	637	637	0.0001%
Swap	08/07/2022	08/07/2022			Cash	Cash	630	630	630	0.0001%
CFD	31/07/2030	31/07/2030			Cash	Cash	555	555	555	0.00005%
Swap	15/01/2021	15/01/2021			Cash	Cash	525	525	525	0.00005%
CFD	07/10/2030	07/10/2030			Cash	Cash	441	441	441	0.00004%
CFD	30/09/2030	30/09/2030			Cash	Cash	414	414	414	0.00004%
Swap	05/07/2022	05/07/2022			Cash	Cash	334	334	334	0.00003%
CFD	21/08/2030	21/08/2030			Cash	Cash	322	322	322	0.00003%
CFD	21/08/2030	21/08/2030			Cash	Cash	261	261	261	0.00002%
CFD	21/08/2030	21/08/2030			Cash	Cash	238	238	238	0.00002%
Swap	15/01/2021	15/01/2021			Cash	Cash	134	134	134	0.00001%
Swap	15/01/2021	15/01/2021			Cash	Cash	96	96	96	0.00001%
Swap	04/09/2022	04/09/2022			Cash	Cash	17	17	17	0.000002%
Swap	17/05/2021	17/05/2021			Cash	Cash	13	13	13	0.000001%
Swap	15/01/2021	15/01/2021			Cash	Cash	10	10	10	0.000001%
Swap	04/09/2022	04/09/2022			Cash	Cash	2	2	2	0.0000002%
Swap	04/09/2022	04/09/2022			Cash	Cash	1	1	1	0.0000001%
Swap	04/09/2022	04/09/2022			Cash	Cash	1	1	1	0.0000001%
					SUBTOTAL B.2	SUBTOTAL B.2	20,598,183	20,598,183	20,598,183	1.83%

| 10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv: | 10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv: | 10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv: | 10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv: |
| --- | --- | --- | --- |
| Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
| The Goldman Sachs Group, Inc. | | | |
| Goldman Sachs (UK) L.L.C. | | | |
| Goldman Sachs Group UK Limited | | | |
| Goldman Sachs International | | 3.57% | 6.47% |
| | | | |
| The Goldman Sachs Group, Inc. | | | |
| Goldman Sachs & Co. LLC | | | |
| | | | |
| The Goldman Sachs Group, Inc. | | | |
| GSAM Holdings LLC | | | |
| Goldman Sachs Asset Management, L.P. | | | |
| | | | |
| The Goldman Sachs Group, Inc. | | | |
| Folio Financial, Inc. | | | |
| Folio Investments Inc. | | | |
| | | | |
| The Goldman Sachs Group, Inc. | | | |
| IMD Holdings LLC | | | |
| United Capital Financial Partners, Inc. | | | |
| United Capital Financial Advisers, LLC | | | |
| | | | |
| 11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

| 11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

| 11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

| 11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

|
| | | | |
| 12. Additional informationxvi:
Please note, the total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

General email contact:
gs-regops-emea-position-enquiries@gs.com | 12. Additional informationxvi:
Please note, the total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

General email contact:
gs-regops-emea-position-enquiries@gs.com | 12. Additional informationxvi:
Please note, the total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

General email contact:
gs-regops-emea-position-enquiries@gs.com | 12. Additional informationxvi:
Please note, the total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

General email contact:
gs-regops-emea-position-enquiries@gs.com |