Brian Cowen (Laois-Offaly, Fianna Fail)

I am afraid Deputy Boyle is incorrect. The IPO was a success. There have been other IPOs involving reputable companies going to the market which had to be withdrawn. This IPO was a success.

We did not sell 7% of the over allotted share option, as Deputy Boyle stated in his question; we sold 100% of the over allotted share option.

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