Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Completion of Investment by NPRFC

31st Mar 2009 12:47

RNS Number : 8200P
Bank of Ireland(Governor&Co)
31 March 2009
 



Bank of Ireland (Governor & Co)

31 March 2009

Bank of Ireland (Governor & Co)

Completion of investment by the National Pensions Reserve Fund Commission

Bank of Ireland announces that, following satisfaction of the conditions attaching to the NPRFC Investment and following the Direction of the Minister for Finance, completion of the NPRFC Investment took place today. 

Under the terms of the NPRFC Investment, Bank of Ireland has received €3.5 billion and in return has issued 3,500,000,000 units of New Preference Stock of €0.01 nominal value at an issue price of €1.00 per unit and granted Warrants to subscribe for up to 334,737,148 units of Ordinary Stock of €0.64 nominal value to the NPRFC.

Capitalised terms used in this announcement have the same meaning as given to them in the Circular to Stockholders which was published on 4 March 2009.

Ends.

Contact Details

John Clifford

Company Secretary

+353 1 604 3400

Geraldine Deighan

Head of Group Investor Relations

+353 1 604 3501

Dan Loughrey

Head of Group Corporate Communications

+353 1 604 3833

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCSDIFFFSUSELD

Related Shares:

BKIR.L
FTSE 100 Latest
Value8,415.25
Change7.81