DUBLIN (dpa-AFX) - International Consolidated Airlines Group S.A. (ICAGY.PK, IAG.L) said that it has received confirmation of the valid acceptance of its Offer for Aer Lingus Group plc (AERL.L) in respect of all the Aer Lingus shares held by the Ryanair Group (RYA.L, RYAAY). Ryanair's acceptance was a condition of the Offer which is now wholly unconditional as all the conditions have been satisfied.
Aer Lingus Group will become part of International Airlines Group.
As at 1300 (Irish time) on 18 August 2015, AERL Holding Limited, the wholly owned subsidiary of International Consolidated Airlines Group, S.A., had received valid acceptances of the Offer for 517.49 million Aer Lingus shares, representing 95.77 per cent of the existing issued share capital of Aer Lingus.
The Offer will remain open for acceptance until the final closing date of 1500 (Irish time) on 1 September 2015. Aer Lingus shareholders who have not yet accepted the Offer are encouraged to do so without delay.
Copyright RTT News/dpa-AFX