Oireachtas Joint and Select Committees

Wednesday, 1 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Setanta Insurance Liquidation: Discussion

2:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

In 2013, it owned 11,049,195 shares. The second shareholder was GANADO Trustees, which owned one share. From the witness's experience, is that type of structure usual? Would there be two trustees and holding companies, one with 11 million shares and the other with one share?

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