Ryanair CEO sells 5 million shares

Ryanair CEO Michael O'Leary sold 5 million shares in the carrier through Davy Stockbrokers at EUR3.75 per share (Reuters/Bloomberg, 28-Jul-2010). The sale reduces Mr O'Leary's shareholding from 60 million to 55 million shares and reduces his ownership to approximately 3.7% of the carrier.