IT'S taken Massachusetts Financial Services Company nine months to formally notify Ryanair and the Central Bank of Ireland that it owns a more than 3pc stake in the carrier. But Ryanair was only formally notified of the stake on Wednesday of this week. MFS owns 3.04pc of Ryanair, or almost 34.2m shares in the airline. MFS acquired its holding in Ryanair last year via the carrier's American depository receipts. Ryanair's shares have fallen from a high of almost €17 during the past 52 weeks to their current €10.45 level.

Source: Irish Independent May 01, 2020 01:30 UTC