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AIB announces intention to delist from NYSE

AIB HAS THIS EVENING confirmed its intention to delist from the New York Stock Exchange. American Depositary Shares (ADS) – which each represent ten ordinary shares – are currently traded on the market to reflect a deposit agreement between AIB and the Bank of New York Mellon, which the bank also intends to end. The delisting should take effect on August 25, and reflects the Irish government’s 99 per cent shareholding.

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Gavan Reilly

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