There’s still life in the Shannon [No] Show..

| Readers 3

The Shannon [No] Show may not be quite as over as it appeared, and I don’t mean because of the Fianna Fáil cumann in Co Clare. Aer Lingus’ largest shareholder (29.4 per cent), RyanAir, has ignored the official response from the Aer Lingus management and gone over their heads by “issu[ing] a notice to the stock exchange today of requisition under the Companies Act and Aer Lingus’s articles of association.” It’s an attempt to force Aer Lingus to hold the EGM that both the Aer Lingus management and Fianna Fáil definitely don’t want to see held. [some more so than others – Ed] Adds According to this short report

Under Aer Lingus’ rule book and company law, any shareholder owning at least 10% of the airline has the right [to] convene a meeting at any time.

And via Irish Election we have the actual requisition notice

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