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Stelios cuts EasyJet shareholding again
EasyJet founder Stelios Haji-Ioannou and family have cut their shareholding, in the airline to 26.7%. According to stock market papers, Stelios’ Polys Holdings Ltd reduced their stake from 27.73%. The current shareholding is still worth more than £1 billion based on its share price.
Stelios has been gradually reducing his stake since the early days of the pandemic after heated and very public disagreements with the easyJet board over a multi-billion pound Airbus deal. He had tried in vain to oust a number of easyJet directors.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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