Dáil Éireann Debate, Thursday - 30 April 2015
74. Deputy Micheál Martin asked the Minister for Finance his views regarding the share prices of Siteserv before, during and after the sale by the Irish Bank Resolution Corporation; if concerns regarding the share price were brought to his attention; and if he will make a statement on the matter. [17147/15]
View answerDuring the Department of Finance review into the sale of Siteserv, the share price movement of Siteserv was not brought to the attention of me or officials in my Department. Neither I nor officials in my Department monitored the share price as we did not have a direct shareholding in Siteserv.
The Irish Stock Exchange investigates suspicious share trading activity including suspected insider dealing on the Enterprise Stock Market, being the market on which Siteserv shares traded, and reports any such findings to the Office of Director of Corporate Enforcement. The Department of Finance does not have a role in this process.
