National Stud board members received €2.9m for stallion shares
Chairwoman Chryss O’Reilly, director Trevor Stewart and company secretary John McStay held shares, personally or through other parties, in the syndicate which owned and managed the record breaking stallion Invincible Spirit.
The shares were bought at various stages as the stallion’s value rocketed and before it attracted a multi-million euro cash injection in mid-2007.