Minister Donohoe launches further AIB sell down
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
Foilsithe
An t-eolas is déanaí
Teanga: Níl leagan Gaeilge den mhír seo ar fáil.
The Minister for Finance Paschal Donohoe today has announced his intention to further reduce the State’s shareholding in AIB Group plc (“AIB”) by way of an accelerated bookbuild (“ABB”) transaction.
Commenting on the impending transaction, Minister Donohoe stated:
“As announced today, the State has launched a further sell down of its shareholding in AIB by way of an accelerated bookbuild transaction. This ABB transaction represents our sixth such disposal in AIB and will reduce the State’s shareholding in the bank by a further 5%. Following the conclusion of this transaction the State’s remaining shareholding in AIB will be c. 12.5%. We will continue to assess additional opportunities for share sales as they arise.”
Disclaimer
This press release is for information purposes only and does not constitute or form a part of an offer to sell or a solicitation of an offer to purchase any security of AIB in the United States or in any other jurisdiction where such offer or solicitation is unlawful. The securities of AIB described in this press release have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any applicable state or foreign securities laws and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act. There has been no public offering of securities in the United States.