Legal threat to Aer Lingus directors

Ryanair said it will pursue the directors of Aer Lingus for breaching company law if it refuses again to call an egm.

Ryanair said it will pursue the directors of Aer Lingus for breaching company law if it refuses again to call an egm.

On November 2nd, Ryanair submitted a requisition notice calling for an egm within three weeks. Aer Lingus rejected the request.

In a letter dated November 18th and released to the stock exchange yesterday, Ryanair said: “Please be advised that should your board again refuse to convene this properly requisitioned egm, then Ryanair will pursue the directors of Aer Lingus for this breach of Irish company law and the listing rules of the Irish Stock Exchange.”