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Dáil Éireann debate -
Wednesday, 10 Nov 1999

Vol. 510 No. 4

Written Answers. - Financial Institutions.

Deirdre Clune

Question:

29 Ms Clune asked the Minister for Finance if he will reserve a tranche of shares for purchase by customers of ACC and TSB banks at a price below the offer price; and if he will make a statement on the matter. [22516/99]

As I have previously advised, I am prepared to reserve a specific number of shares at the offer price for long standing customers of ACC and TSB Banks, subject to domestic and EU legal requirements. The terms and conditions on which customers may apply for shares will be announced in advance of the flotation.

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