MOL sells 5m of his company shares

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flugholm
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MOL sells 5m of his company shares

Ungelesener Beitrag von flugholm »

MOL verkauft einen Teil seiner FR-Aktien. Einen kleinen Teil: ca 8% seines Anteiles. Macht trotzdem ein Haufen Schotter... rund 19.000.000 € !
Die kann er ja in eine andere Airline investieren. Oder in Opel, Chrysler oder Arcandor. :roll:

Quelle: news clipping from the UK paper The Guardian, 8th June: 2009
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Ryanair boss sells 5m of his company shares

Spokesman says O'Leary's sale is 'a private matter', despite Ryanair posting first loss in 20 years

Michael O'Leary, the chief executive of Ryanair, has raised £16.5m by cutting his stake in the airline.

Ryanair told the stockmarket this morning that O'Leary sold 5m shares at €3.75 each on Friday. The sale means he now owns just over 60m shares in the budget airline, giving him a stake of 4%.

A Ryanair spokesman said the share sale was "a private matter" for O'Leary.

Friday's price of €3.75 a share was a 15-month high for Ryanair shares, which hit a low of €1.80 last October. They fell by 2% to €3.68 this morning.

O'Leary has reduced his stake in Ryanair several times before. In 2003 he sold 4m shares, raising £17m. Some of the proceeds were used on his wedding to banker Anita Farrell. He raised a further £25.8m in June 2005 by selling 6m shares at €6.50 each.

Last week Ryanair posted its first loss in 20 years, after its failed attempt to take over rival airline Aer Lingus pulled it €180.5m (£155m) into the red.

Last Friday, the chairman of Aer Lingus was criticised by shareholders for not buying any shares in the company since joining the board last autumn. Colm Barrington defended this, insisting he was committed to the company
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