Written answers

Tuesday, 21 February 2006

Department of Agriculture and Food

Ministerial Responsibilities

9:00 pm

Photo of M J NolanM J Nolan (Carlow-Kilkenny, Fianna Fail)
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Question 505: To ask the Minister for Agriculture and Food the status of her share option in respect of a company, details supplied, in the context of the proposed sale of property by that company; and if she will make a statement on the matter. [6855/06]

Photo of Mary CoughlanMary Coughlan (Donegal South West, Fianna Fail)
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As Minister, I hold a special share in Greencore plc. That share has the same monetary value as any other share in the company but special conditions are attached which prevent the company from engaging in a number of activities without the prior written consent of the Minister. One of the activities for which my prior written consent is required is the sale, transfer or disposal of more than 20% of specified assets, including lands and properties of Irish Sugar Limited in Carlow and in Mallow used in the production of sugar. I am not aware of any proposal to sell any of the properties mentioned.

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