Written answers
Wednesday, 7 February 2007
Department of Finance
Exchequer Revenue
9:00 pm
Seymour Crawford (Cavan-Monaghan, Fine Gael)
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Question 141: To ask the Minister for Finance the proceeds received to date by the Exchequer from the sale of shares in Aer Lingus; and if these funds are to be placed under management by the NTMA. [4176/07]
Brian Cowen (Laois-Offaly, Fianna Fail)
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To date the Exchequer has received €240,902,257.20 from the sale of shares in Aer Lingus Group PLC. These funds have been lodged to the Exchequer and will be classified in the Finance Accounts as Capital Receipts.
The Government has retained a 25.4% stake in Aer Lingus Group PLC. At close of business on 5th February 2007 this stake had a value of €382,210,724.10.
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