Ryanair pilots in line for share options windfall
04/11/2005 - 11:39:56Ryanair's Dublin pilots could next month each receive a windfall of about €50,000 if they choose to exercise their share options in the company.
The share options, which formed part of the five-year pay, benefit and share option scheme negotiated in November 2000, fall due to be exercised at the end of November.
If any pilot were to exercise and dispose of their options at this week’s price of €7 he/she would make a profit of just over €50,000 on their options.
