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Aer Lingus Group PLC: Ryanair required to sell down shareholding in Aer Lingus to 5%

Direct News Source

28-Aug-2013 Aer Lingus Group plc ("Aer Lingus") welcomes the issue today by the UK Competition Commission ("CC") of its final report concluding its investigation into Ryanair's minority shareholding in Aer Lingus ("Final Report").

Following a detailed investigation the CC has concluded that Ryanair's shareholding in Aer Lingus is anti-competitive and that it must sell down its 29.82% stake in Aer Lingus to 5%.