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PTSB Permanent Tsb Group Holdings Plc

1.565
0.02 (1.29%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Permanent Tsb Group Holdings Plc LSE:PTSB London Ordinary Share IE00BWB8X525 ORD EUR0.50 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 1.29% 1.565 1.53 1.60 219 16:35:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Insurance Carriers, Nec 668M 68M 0.1246 12.36 840.21M

Permanent TSB Group Holdings PLC Statement on Share Sale (4795B)

02/06/2023 7:33am

UK Regulatory


Permanent Tsb (LSE:PTSB)
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RNS Number : 4795B

Permanent TSB Group Holdings PLC

02 June 2023

02 June 2023

PERMANENT TSB GROUP HOLDINGS PLC

Permanent TSB Group Holdings plc ("PTSB") notes the announcements by the Irish Department of Finance and the NatWest Group plc (NatWest) on selling shares in the Bank.

Following these announcements, Eamonn Crowley, Group Chief Executive commented:

"We welcome the decision by the Minister for Finance, Mr Michael McGrath, and NatWest to dispose of shares in PTSB in accordance with the terms of a shareholder cooperation agreement[1]. This is another important step in normalising the composition of our shareholder base and creating further liquidity in the Bank's shares. Furthermore it demonstrates market appetite to invest in PTSB following a period of transformational growth and supports our stated ambition to deliver value for the Irish taxpayer.

For further information, please contact:

Caitriona Gilmore

Head of Investor Relations

Caitriona.gilmore@permanenttsb.ie

Leontia Fannin

Head of Corporate Affairs & Communications

leontia.fannin@permanenttsb.ie

[1] On 7 November 2022, PTSB entered into a shareholder co-operation agreement with NatWest Group plc and the Minister for Finance of Ireland in relation to a number of matters including orderly sale arrangements in relation to both the shares held by the Minister and the shares issued to RBS AA Holdings (UK) Limited, a subsidiary of NatWest Group plc.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

June 02, 2023 02:33 ET (06:33 GMT)

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