Ryanair’s O’Leary nears €100m bonus as shares hit record

Stands to earn share options valued at approximately €100m if the company’s shares maintain a price of €21 for 28 consecutive days

Ryanair chief executive Michael O'Leary arriving at Leinster House, Dublin, to appear before the transport committee to address it on Ireland’s national aviation policy. Picture date: Wednesday November 30, 2022.

Ryanair Holdings Plc Chief Executive Officer Michael O’Leary is poised to secure a €100m bonus if the low-cost airline’s shares keep rising, the Financial Times reported.

According to a 2019 bonus plan, O’Leary, 62, stands to earn share options valued at approximately €100m if the Irish company’s shares maintain a price of €21 for 28 consecutive days, the newspaper said. The payout would come in the form of options to purchase 10 million shares at €11.12 each.