Ryanair Director sells shares Michael Horgan.
Ryanairdontcare Campaign have received information regarding selling of Ryanair shares.
You may think this has nothing to do with exploitation of pilots and cabin crew at Ryanair but the continued publicity from Ryanair in job creation,with extra flights being ,extra passengers plus new bases yet many crew are recruited for termination with a big turn over of staff,making the buying of even more aircraft acceptable to share holders.
Michael Patrick Bosco Horgan, D.O.B 3/09/1936 BILLION £ MAN....
Dun Laoghaire, Co Dublin.
http://www.ifamagazine.com/news/ryanair-director-sells-shares-post-exercise-with-stock-near-record-high-update/Michael Horgan, a long-running Director at Irish budget airline Ryanair, exercised options then sold the shares in the company a week after the firm unveiled record passenger numbers, according to a statement on Tuesday.
Horgan, 75, the former pilot who has served as a Director of the company since January 2001, exercised 25,000 share options on June 10th then sold them at EUR6.91 each for a total of EUR172,750. His holding following the sale was unchanged at 50,000, equal to a 0.0035% stake.
The stock has gained around 45% since the start of January – with the share price hitting an all-time closing high of EUR7.02 last week.
Five days before Horgan’s transaction, Ryanair said that monthly traffic rose by 5.0% (350,000) to 7.86m in May, compared with the same month in 2012. This boosted its rolling 12-month traffic to May 2013 by 4.0% to a record 79.8m.
Mr Michael Patrick Bosco Horgan was a pilot a good few years ago then became a director at Ryanair in 2001.
In 2000 a year BEFORE he became a director at Ryanair he joined many companies as a Director.WOW Renting of air transport equipment..No harm in that you may think.
17/07/2000 Gustav Leasing V Limited Dissolved.. Reg no IE328204 Last turnover 1.4 Billion £