Ryanair said this morning all resolutions put forward at its extraordinary general meeting held today, including its proposed acquisition of rival airline Aer Lingus, have been approved by shareholders.
The resolutions passed also include plans to subdivide each existing ordinary Ryanair share with a nominal value of 1.27 cents into two new ordinary shares of 0.635 cents.
The airline also said that it will issue a further letter to Aer Lingus shareholders tomorrow advising them to accept its €1.48 billion hostile takeover bid for the Irish flagship airline.
At 12.10pm today Aer Lingus shares were trading at €2.75, up 0.01 cent.
