SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 6-K


                        Report of Foreign Private Issuer


                        Pursuant to Rule 13a-16 or 15d-16
                     of the Securities Exchange Act of 1934


                           For the month of June 2005

                              RYANAIR HOLDINGS PLC
                 (Translation of registrant's name into English)

                      c/o Ryanair Ltd Corporate Head Office
                                 Dublin Airport
                              County Dublin Ireland
                    (Address of principal executive offices)

 
Indicate by check mark whether the registrant files or will file annual 
reports under cover Form 20-F or Form 40-F.

                         Form 20-F..X.. Form 40-F.....


Indicate by check mark whether the registrant by furnishing the information 
contained in this Form is also thereby furnishing the information to the 
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange 
Act of 1934.

                               Yes ..... No ..X..


If "Yes" is marked, indicate below the file number assigned to the registrant 
in connection with Rule 12g3-2(b): 82- ________ 





                               DIRECTOR SHARE SALE

Ryanair Holdings plc ("the Company") announced today (June 7th, 2005) it had
received notification that Michael O'Leary, Executive Director and Chief
Executive Officer of the Company, had sold 6 million Ordinary Shares at a price
of EUR6.50 each.


Ends.                                     7th June 2005.

For further information:

Howard Millar, Ryanair Holdings Plc       Pauline McAlester, Murray Consultants
Tel: + 353 1 8121212                      Tel: + 353 1 4980 300





                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the 
Registrant has duly caused this report to be signed on its behalf by the 
undersigned, hereunto duly authorized.

                                    RYANAIR HOLDINGS PLC

 
Date:  07 June 2005 

                                    By:___/s/ Howard Millar____

                                    H Millar
                                    Company Secretary & Finance Director