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RNS Number : 4070H AIB Group PLC 08 October 2024
8 October 2024
AIB Group plc
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FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
Results of Odd-lot Offer
AIB Group plc ("AIB" or the "Company") announces that following the closure of
the Odd-lot Offer on Monday, 7 October 2024, the Company has purchased a total
of 253,765 of its own ordinary shares ("Ordinary Shares") at €5.65 each.
Following approval of shareholders at the 2024 Annual General Meeting, the
Odd-lot Offer was launched on 9 September 2024 to facilitate the disposal by
Eligible Odd-lot Holders of their Ordinary Shares at a 5% premium, without the
dealing costs that would typically render such a disposal uneconomic, whilst
giving Eligible Odd-lot Holders the ability to opt-out of such a disposal.
As set out in the announcement made on 9 September 2024, the purchase price of
€5.65 per Ordinary Share represented a 5 per cent. premium to the volume
weighted average price of AIB Ordinary Shares traded on the Euronext Dublin
over the five trading days up to and including 6 September 2024.
Following the implementation of the Odd-lot Offer, the number of certificated
shareholders has reduced by 60,055.
Eligible Odd-lot Holders will receive their payment by cheque. Shareholders
with a registered address in Ireland will be paid by cheque in euro and
shareholders with a registered address in the United Kingdom will be paid by
cheque in sterling (GBP).
It is expected that cheques will be despatched on 22 October 2024, at the risk
of the relevant Odd-lot Holder.
Update on Total Voting Rights
The 253,765 Ordinary Shares purchased by the Company represent approximately
0.0109 per cent. of the existing issued share capital of the Company and will
be cancelled.
Following this cancellation, the total number of Ordinary Shares in issue as
at 8 October 2024 is 2,328,438,575. Each Ordinary Share carries one vote.
The Company does not hold any Shares in treasury. Therefore, the total
number of shares with voting rights is 2,328,438,575.
The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change in their interest in, AIB Group plc under the
Transparency (Directive 2004/109/EC) Regulations 2007 (as amended) and the
Central Bank (Investment Market Conduct) Rules 2019.
Capitalised terms in this announcement, unless otherwise defined have the same
meaning given to them in the circular sent to shareholders of the Company on 3
April 2024 (the "Circular").
For further information, please contact:
Company Secretary Investor Relations
Conor Gouldson Niamh Hore
AIB Group plc AIB Group plc
10 Molesworth Street, 10 Molesworth Street,
Dublin 2 Dublin 2
+353 1 772 0030 +353 87 739 0743
secretariat@aib.ie investor.relations@aib.ie
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