Allied Irish Banks (Adr) (AIBRF) has released an update.
Allied Irish Banks (AIB Group PLC) has reported a significant change in ownership as the Ireland Strategic Investment Fund (ISIF), managed by the National Treasury Management Agency (NTMA) under the direction of the Minister for Finance, has increased its stake in the bank. Voting rights owned by the Minister through the ISIF have risen from 30.05% to 32.40%, crossing the 32% threshold. This change in the shareholding structure, reported on May 9, 2024, reflects the government’s ongoing investment in the financial sector.
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