Ryanair Calls for Aer Lingus Reply to Proposals

RNS Number : 0040Q

Ryanair Holdings PLC

12 October 2011

 



RYANAIR CALLS ON AER LINGUS TO REPLY TO ITS 28^TH SEPT PROPOSALS TO INCREASE SHAREHOLDER VALUE

Ryanair today (12 Oct) wrote again to Aer Lingus Chairman Colm Barrington seeking a reply to its 28^th September letter containing three proposals to reverse the substantial decline in Aer Lingus' shareprice from over €3 in 2007 to just over 60 cents in recent days. Aer Lingus has now been sitting on these proposals for two weeks, and as its share price languishes in the low 60 c's, Ryanair believes that Aer Lingus' shareholders are entitled to expect urgent action from the Chairman and Board of Aer Lingus. A copy of Ryanair's open letter to Aer Lingus' Chairman is attached.

http://www.rns-pdf.londonstockexchange.com/rns/0040Q_1-2011-10-11.pdf 

For further information please contact:                      

                                                Daniel de Carvalho                Joe Carmody

                                                Ryanair Ltd                            Edelman

                                                Tel: [phone]              Tel. [phone]

 

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