IN BRIEF: AIB share trading plan gets extension; appoints new director

AIB Group PLC - Dublin-based bank - share trading plan is extended by the Irish Department of ...

Alliance News 24 June, 2022 | 8:31AM
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AIB Group PLC - Dublin-based bank - share trading plan is extended by the Irish Department of Finance. The plan will end on January 24, 2023 now, unless further extended. It aims to reduce the Irish government's investment in AIB and improve the liquidity in its shares. The average share price achieved to date is EUR2.32 and the proceeds amount to EUR161 million. The state's holding is currently down to 68% from 71%.

Separately, AIB appoints Helen Normoyle as senior independent director with effect from July 1. She will replace Carolan Lennon, who will retire from the board on June 30. Normoyle acted as independent non-executive director of AIB since December 2015.

Current stock price: 206.00 pence

12-month change: up 4.8%

By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
AIB Group PLC 193.10 GBX -1.81 -
AIB Group PLC 2.29 EUR -0.26 -

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