June 12, 2020 / 2:15 PM / a month ago

EasyJet founder's family sells small stake in airline

FILE PHOTO: Easyjet founder Stelios Haji-Ioannou speaks at a media event to celebrate 20 years in business at Luton Airport, southern England, November 10, 2015. REUTERS/Eddie Keogh/File Photo

LONDON (Reuters) - The family of budget airline easyJet (EZJ.L) founder Stelios Haji-Ioannou sold a small stake in the company, a regulatory filing showed on Friday, after he last month failed in his bid to oust the airline’s top three bosses.

A notice to the stock exchange showed that the Haji-Ioannou family, easyJet’s largest shareholder, had reduced its stake to 32.99% from 33.73%.

Reporting by Alistair Smout; editing by Sarah Young

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