17th Oct 2011 15:08
The Governor and Company of the Bank of Ireland (the "Bank")
Completion of Investment in Bank of Ireland
17 October 2011
On 25 July 2011, the State announced an investment of up to €1.123bn by a group of significant institutional investors and fund managers, led by Fairfax Financial Holdings and which includes WL Ross, Capital Research (part of The Capital Group), Fidelity Investments and Kennedy Wilson. On 2 August 2011, these Investors acquired 2,381,532,330 units of Ordinary Stock from the National Pensions Reserve Fund Commission ("NPRFC") at €0.10 per unit. The final acquisition from the NPRFC of a further 8,129,428,433 units of Ordinary Stock at €0.10 per unit has today been completed.
Following the completion of the final acquisition, the aggregate shareholding of these investors is 34.96 per cent of the total issued Ordinary Stock of the Bank and the shareholding of the NPRFC is 15.13 per cent.
For further information please contact:
Bank of Ireland | ||
John O'Donovan Andrew Keating | Group Chief Financial Officer Director of Group Finance | +353 (0) 766 23 4703 +353 (0) 1 637 8141 |
Tony Joyce | Head of Group Investor Relations | +353 (0) 766 23 4729 |
Dan Loughrey | Head of Group Communications | +353 (0) 766 234770 |
Related Shares:
BKIR.L