Ryanair chairman offloads shares
Jun 23, 2009
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Ryanair's chairman David Bonderman has sold more than €1m worth of shares in the company.
He offloaded 300,000 shares at €3.35 a time. Ryanair said that this amounts to about 0.02% of the company and that Bonderman now has about 0.93%.
News of the share sale comes on the same day Ryanair said it will freeze growth at its nine UK bases with immediate effect as it focuses growth on other European destinations.
"Ryanair will grow by 15% this year to over 67m passengers," said the airline's outspoken chief executive Michael O' Leary.
"However, the UK will not share in any of this growth in 2009 as Ryanair (the only major European airline continuing to grow) freezes growth at our nine UK bases."
He blamed the £10 tourist tax and the charges airport operator BAA imposes on airlines.
He also called on Prime Minister Gordon Brown to speed up the sale of London's Gatwick and Stansted airports, which are currently operated by BAA.
Top Director Buys
Signet Jewelers (SIG)
Director name: Ms Marianne Miller Parrs
Amount purchased: 6,995 @ 1,241.13p
Value: £86,817
Signet Jewelers (SIG)
Director name: Mr Thomas Plaskett
Amount purchased: 6,995 @ 1,241.13p
Value: £86,817
Signet Jewelers (SIG)
Director name: Mr Russell Walls
Amount purchased: 6,995 @ 1,241.13p
Value: £86,817
Signet Jewelers (SIG)
Director name: Mr Dale Hilpert
Amount purchased: 6,995 @ 1,241.13p
Value: £86,817
Signet Jewelers (SIG)
Director name: Mr Robert Blanchard
Amount purchased: 6,995 @ 1,241.13p
Value: £86,817
Signet Jewelers (SIG)
Director name: Mr Malcolm Williamson
Amount purchased: 4,909 @ 1,241.13p
Value: £60,927
Halfords Group (HFD)
Director name: Mr David Wild
Amount purchased: 20,000 @ 305.00p
Value: £61,000
Marston's (MARS)
Director name: Mr David G F Thompson
Amount purchased: 45,000 @ 119.50p
Value: £53,775
Banco Santander SA (BNC)
Director name: Mr Francisco Luzon Lopez
Amount purchased: 6,100 @ 668.13p
Value: £40,756
Banco Santander SA (BNC)
Director name: Mr Francisco Luzon Lopez
Amount purchased: 6,000 @ 666.44p
Value: £39,986
Top Director Sells
Ryanair Holdings (RYA)
Director name: Mr David Bonderman
Amount sold: 300,000 @ € 3.35
Value: € 1,005,600
Hornby (HRN)
Director name: Mr Frank Martin
Amount sold: 30,235 @ 102.00p
Value: £30,840
Hornby (HRN)
Director name: Mr J W Stansfield
Amount sold: 10,486 @ 102.00p
Value: £10,696
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