Ryanair said today it had moved a request with Britain's financial watchdog to delist from the London Stock Exchange and trade only on Euronext Dublin.
The airline confirmed today that it intends to cancel the listing of its shares in London from Monday December 20, which means the last day of trading of its shares in London will be on Friday December 17.
Ryanair announced plans to drop its London listing earlier this month due to a fall in trading volumes there.
It said the volume of trading of its shares on the London market "does not justify the costs related to such listing and admission to trading".
Ryanair said in 2020 that UK nationals, like all other non-EU nationals, would from January 2021 no longer be permitted to acquire ordinary shares.
The move was taken to ensure the airline remains majority EU-owned and retains full licensing and flight rights in the bloc now that Britain has left the European Union.
Ryanair has a primary listing on Euronext Dublin and its American Depository Receipts (ADRs) are listed on the US Nasdaq.
In 2012 it downgraded its London listing from a premium listing to a standard listing.
Ryanair's group chief executive Michael O'Leary said last month that Brexit had pushed EU stock ownership of the company below 50% and that the European Commission wanted it "to be seen to be taking action."
The Ryanair move deals a blow to London's status as a global financial centre after Brexit.
It also follows miner BHP saying in August it would do away with its dual-listed structure and make Sydney its main listing.
Royal Dutch Shell's decision earlier this week to scrap its dual share structure and move its head office to Britain from the Netherlands has also renewed focus on dual listings, which are often criticised as both complex and expensive.
Ryanair shares were 2% lower in Dublin trade today.
