Richard Bruton
Question:144 Mr. R. Bruton asked the Minister for Public Enterprise the provision, if any, she has made for the allocation of Telecom shares to the former employees of Telecom Éireann who are now on pension. [15224/99]
Written Answers. - Telecom Éireann Flotation.
The Government has set aside a certain value of shares for purchase by former employees of Telecom Éireann who are in receipt of a pension. An allocation of up to a maximum value of £3,000, subject to pro rata pension entitlements, will be guaranteed.
Eligible pensioners have been informed of the offer and are also entitled to purchase shares in the retail offer, should they choose to do so.