Written answers
Tuesday, 19 February 2008
Department of Environment, Heritage and Local Government
Equity Stake
9:00 pm
Leo Varadkar (Dublin West, Fine Gael)
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Question 684: To ask the Minister for the Environment, Heritage and Local Government the companies in which his Department holds an equity stake; the level of the equity stake; and if he will make a statement on the matter. [6632/08]
John Gormley (Dublin South East, Green Party)
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Some 30,000 shares of €1.30 each were issued in respect of the Housing Finance Agency. The Minister for Finance holds all except 13 of these shares with the 12 Directors holding one each and the Minister for the Environment, Heritage and Local Government holding the remaining 1. The Minister for Finance is the beneficial owner of all the shares as the 13 held by the Directors and the Minister are held in a nominee capacity only.
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