O’Leary charity sells €22m worth of Ryanair shares

Gigginstown health, education and sporting charity garnered €6 million profit from holding

Michael O’Leary, chief executive of Ryanair, and his wife Anita celebrate a win for their racehorse Tiger Roll: the couple were among trustees of the Gigginstown Settlement Charity

A registered charity linked to Michael O’Leary, the chief executive of Ryanair, and his wife Anita O’Leary sold nearly €22 million worth of shares in the airline last week, stock exchange filings show.

In early September the trustees of the Gigginstown Settlement Charity, who include the O’Learys, bought 1.4 million shares in the airline as part of a major fundraising by the company.

The shares were priced at €11.35 at the time, putting the overall ...