Ryanair : Standard Form TR-1 Standard form for notification of major holdings - Form 6-K

ryanairholdingsplc

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of April 2024

RYANAIR HOLDINGS PLC

(Translation of registrant's name into English)

c/o Ryanair Ltd Corporate Head Office

Dublin Airport

County Dublin Ireland

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual

reports under cover Form 20-F or Form 40-F.

Form 20-F..X.. Form 40-F

Indicate by check mark whether the registrant by furnishing the information

contained in this Form is also thereby furnishing the information to the

Commission pursuant to Rule 12g3-2(b) under the Securities Exchange

Act of 1934.

Yes No ..X..

If "Yes" is marked, indicate below the file number assigned to the registrant

in connection with Rule 12g3-2(b): 82- ________

Standard Form TR-1

Standard form for notification of major holdings

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
2. Reason for the notification(please tick the appropriate box or boxes): [] An acquisition or disposal of voting rights [] An acquisition or disposal of financial instruments [] An event changing the breakdown of voting rights [X] Other (please specify)iii:This notification is triggered due to an update from ESMA regarding the scope and application of the Trading Book Exemption pursuant to Article 9(6) of the Transparency Directive 2004/109/EC. ESMA have advised that this exemption is limited to holdings on EU Credit Institutions and Investment Firms only.
3. Details of person subject to the notification obligationiv:
Name: Morgan Stanley	City and country of registered office (if applicable): Wilmington, Delaware, USA
4. Full name of shareholder(s)(if different from 3.)v:
5. Date on which the threshold was crossed or reachedvi:09/04/2024
6. Date on which issuer notified:11/04/2024
7. Threshold(s) that is/are crossed or reached:3%
8. Total positions of person(s) subject to the notification obligation:
	% 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	0.22%	3.24%	3.47%	1,140,045,528
Position of previous notification (if applicable)	Below 3%	Below 3%	Below 3%

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:
A: Voting rights attached to shares
Class/type ofshares ISIN code (if possible)	Number of voting rightsix	% of voting rights
Direct	Indirect	Direct	Indirect
IE00BYTBXV33		2,533,684		0.22%
SUBTOTAL A	2,533,684		0.22%
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
Type of financial instrument	Expirationdatex	Exercise/Conversion Periodxi	Number of voting rights that may be acquired if the instrument is exercised/converted.	% of voting rights
Call Option (Physically Settled)	19/04/2024	at any time	4,500	0.00%
Call Option (Physically Settled)	17/05/2024	at any time	1,000	0.00%
Call Option (Physically Settled)	20/09/2024	at any time	500	0.00%
Right of recall over securities lending agreements	at any time	at any time	6,163,596	0.54%
		SUBTOTAL B.1	6,169,596	0.54%
B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations
Type of financial instrument	Expirationdatex	Exercise/Conversion Periodxi	Physical or cash settlementxii	Number of voting rights	% of voting rights
Equity Swap	24/04/2024	at any time	Cash	34,165	0.00%
Equity Swap	03/06/2024	at any time	Cash	42,635	0.00%
Equity Swap	24/06/2024	at any time	Cash	230,105	0.02%
Equity Swap	14/02/2025	at any time	Cash	9,955,202	0.87%
Equity Swap	24/02/2025	at any time	Cash	20,000,000	1.75%
Equity Swap	05/05/2025	at any time	Cash	217,495	0.02%
Equity Swap	27/05/2025	at any time	Cash	74,625	0.01%
Equity Swap	31/03/2026	at any time	Cash	230,941	0.02%
Equity Swap	09/04/2026	at any time	Cash	17,766	0.00%
Retail Structured Product	12/02/2069	at any time	Cash	1	0.00%
Retail Structured Product	11/02/2072	at any time	Cash	24	0.00%
			SUBTOTAL B.2	30,802,959	2.70%

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 thefinancial 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
Morgan Stanley
Morgan Stanley Capital Management, LLC
Morgan Stanley Domestic Holdings, LLC
Morgan Stanley Capital Services LLC
Morgan Stanley
Morgan Stanley Capital Management, LLC
Morgan Stanley & Co. LLC
Morgan Stanley
Morgan Stanley International Holdings Inc.
Morgan Stanley International Limited
Morgan Stanley Investments (UK)
Morgan Stanley & Co. International plc
Morgan Stanley
Morgan Stanley Capital Management, LLC
Morgan Stanley & Co. LLC
Prime Dealer Services Corp.
Morgan Stanley
Morgan Stanley Capital Management, LLC
Morgan Stanley Latam LLC
Morgan Stanley
Morgan Stanley Capital Management, LLC
Morgan Stanley Smith Barney LLC
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: Of the total voting rights attached to shares in Section 9A, 2,291,134 (0.20%) of these are the result of stock borrowing agreements

Done at Glasgow on 11/04/2024.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

RYANAIR HOLDINGS PLC

Date: 12 April, 2024

	By:___/s/ Juliusz Komorek____
	Juliusz Komorek
	Company Secretary