Ryanair CEO Michael O'Leary is targeting more than €100 million in share bonuses.
The company's long-time leader was given the option to exercise stock options after the Dublin-based firm's shares hit a six-year target.
The low-cost carrier's shares have met the requirement to close above 21 euros for 28 consecutive days.
The equity rule was established in February 2019 and requires maintaining consistently high equity levels through 2028.
This will provide him with 10 million shares worth approximately €111.2 million.
Mr O'Leary will receive a stake if he stays with the company, which he has led since 1994, until 2028.
Ryanair shares traded at 23.28 euros on Friday, down slightly from the previous day's high.
We have contacted Ryanair for comment.
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Asked about his share options earlier this month, Mr O'Leary said: “I believe we are delivering exceptional value for Ryanair shareholders at a time when football stars and managers from P
Sourse: breakingnews.ie
