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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Aib Group Plc | LSE:AIBG | London | Ordinary Share | IE00BF0L3536 | ORD EUR0.625 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
6.00 | 1.42% | 428.50 | 432.00 | 434.50 | 434.50 | 427.00 | 427.00 | 7,404 | 16:35:29 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAIBG
RNS Number : 2335Z
AIB Group PLC
13 December 2017
13 December 2017
AIB GROUP PLC ("AIB" or "the Company")
High Court approval of the AIB reduction of capital
AIB is pleased to confirm that it has today received the approval of the High Court of Ireland for a reduction of the Company's share capital by reducing the nominal value of its ordinary shares from EUR2.47 to EUR0.625. The reserve resulting from the reduction in nominal value will be available for distribution in accordance with section 117 of the Companies Act 2014.
The AIB reduction of capital will not, of itself, result in the return of any capital to AIB ordinary shareholders and should not have any impact on the market value of the AIB ordinary shares.
The capital reduction will become effective when the High Court order and minute are registered with the Companies Registration Office.
- Ends -
For further information, please contact:
Mark Bourke Niamh Hore Orla Bird Chief Financial Investor Relations Head of Communications Officer AIB Bankcentre AIB Bankcentre AIB Bankcentre Dublin Dublin Dublin Tel: 6411817 Tel: +353-1-6415375 Tel: +353-1-6412195 email: email: email: niamh.a.hore@aib.ie orla.c.bird@aib.ie mark.g.bourke@aib.ie
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
December 13, 2017 06:02 ET (11:02 GMT)
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