8 October 2024
AIB Group plc
NOT FOR
RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO
OR 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
AIB Group plc
10 Molesworth Street,
Dublin 2
|
Niamh Hore
AIB Group plc
10 Molesworth Street,
Dublin 2
|
+353 1 772 0030
|
+353 87 739 0743
|
secretariat@aib.ie
|
investor.relations@aib.ie
|