SCHEDULE 13G/A: Baillie Gifford & Co Discloses 4.79% Stake in Ryanair Holdings PLC

Baillie Gifford & Co, a UK-based investment adviser, has disclosed a 4.79% beneficial ownership stake in Ryanair Holdings PLC, primarily for investment purposes.

Summary

• Baillie Gifford & Co reported beneficial ownership of 50,982,025 ordinary shares of Ryanair Holdings PLC as of March 31, 2025.
• This stake represents 4.79% of the total class of securities.
• The ownership comprises 12,885,805 ordinary shares and 19,048,110 American Depositary Shares (ADS), with each ADS representing 2 ordinary shares.
• Baillie Gifford & Co holds sole voting power over 38,806,125 shares and sole dispositive power over 50,982,025 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of Ryanair Holdings PLC.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Schedule 13G) disclosing beneficial ownership by an investment adviser. It does not contain operational or financial performance updates from the issuer, Ryanair Holdings PLC, nor does it indicate any specific positive or negative events for the company. The holding itself is a neutral fact, though a large institutional holding can be interpreted as a sign of investor confidence.

Positives

• A prominent investment adviser, Baillie Gifford & Co, holds a substantial stake in Ryanair Holdings PLC, potentially signaling confidence in the company's long-term prospects.
• The investment is stated to be in the ordinary course of business, suggesting a strategic, non-activist position.

Industry Context

This filing reflects a significant investment by a major asset manager in Ryanair, a leading European low-cost airline, indicating continued institutional investor interest in the aviation sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, which can influence market perception and liquidity.

Key Dates

Keywords

Ryanair Holdings PLC, Baillie Gifford & Co, SEC filing, Schedule 13G, beneficial ownership, ordinary shares, American Depositary Shares, investment adviser, airline, aviation