REG - AIB Group PLC - Completion of sale of AIB Merchant Services

AIBAnnouncement

05/09/2025 11:00

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RNS Number : 2304Y  AIB Group PLC  05 September 2025

 05 September 2025

 

AIB Group plc completes the sale of minority shareholding in AIB Merchant
Services

 

Further to the announcement on 6 June 2025, AIB Group plc ("AIB") today
announces that it has completed the sale of its minority stake in AIB Merchant
Services ("AIBMS") to Fiserv, Inc. ("Fiserv") (the "Transaction") following
regulatory clearance and satisfaction of customary closing conditions.

 

In line with previous guidance, the Transaction is expected to result in a
circa 35bps positive impact on AIB's CET1 capital ratio. In 2024, AIB
recognised income of €34m relating to AIBMS in its income from equity
accounted investments line.

 

 

 

-Ends-

 

Contact details:

 Niamh Hore                                                      Will Goodbody
 Investor Relations                                              Media Relations
 Tel: +353-86-3135647                                            Tel: +353-86-8502204
 email:  niamh.a.hore@aib.ie (mailto:niamh.a.hore@aib.ie)        email:  will.r.goodbody@aib.ie (mailto:will.r.goodbody@aib.ie)

 

Forward Looking Statements

This document contains certain forward looking statements with respect to the
financial condition, results of operations and business of AIB Group and
certain of the plans and objectives of the Group. These forward looking
statements can be identified by the fact that they do not relate only to
historical or current facts. Forward looking statements sometimes use words
such as 'aim', 'anticipate', 'target', 'expect', 'estimate', 'intend', 'plan',
'goal', 'believe', 'may', 'could', 'will', 'seek', 'continue', 'should',
'assume', or other words of similar meaning. Examples of forward looking
statements include, among others, statements regarding the Group's future
financial position, capital structure, income growth, loan losses, business
strategy, projected costs, capital ratios, estimates of capital expenditures,
and plans and objectives for future operations. Because such statements are
inherently subject to risks and uncertainties, actual results may differ
materially from those expressed or implied by such forward looking
information. By their nature, forward looking statements involve risk and
uncertainty because they relate to events and depend on circumstances that
will occur in the future. There are a number of factors that could cause
actual results and developments to differ materially from those expressed or
implied by these forward looking statements. These are set out in the
Principal risks on pages 17 to 20 in the 2024 Annual Financial Report and
updated on page 30 of the Half-Year Financial Report 2025. In addition to
matters relating to the Group's business, future performance will be impacted
by the Group's ability along with governments and other stakeholders to
measure, manage and mitigate the impacts of climate change effectively. Future
performance could also be impacted by macroeconomic uncertainty, tariffs,
geopolitical tensions and global conflict. Any forward looking statements made
by or on behalf of the Group speak only as of the date they are made. The
Group cautions that the list of important factors on pages 17 to 20 of the
2024 Annual Financial Report and updated on page 30 of the Half-Year Financial
Report 2025 is not exhaustive. Investors and others should carefully consider
the foregoing factors and other uncertainties and events when making an
investment decision based on any forward looking statement.

 

 

 

 

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