Pearse Doherty
Question:218. Deputy Pearse Doherty asked the Minister for Finance if he will confirm the percentage of shares now held by the State in AIB. [34267/13]
View answerTuesday, 16 July 2013
Questions (218)
Written answers
The Annual Report and Financial Statements 2011 of the National Pensions Reserve Fund Commission showed that the Fund’s ownership of Allied Irish Bank was 99.8% at 31 December 2011. In May 2012 the National Pensions Reserve Fund (NPRF) received a dividend of ordinary shares in lieu of a cash dividend on its preference shares. The NPRF has advised that that due to the dilution effect, the ownership was very marginally increased as shown in the following table:
|
- |
NPRF Holdings |
Total Shares |
% Ownership |
|
Before Dividend |
516,237,363,722 |
517,117,096,249 |
99.830% |
|
Dividend |
4,144,055,254 |
4,144,055,254 |
- |
|
After Dividend |
520,381,418,976 |
521,261,151,503 |
99.831% |