Written answers
Tuesday, 19 February 2008
Department of Communications, Energy and Natural Resources
Equity Stake
9:00 pm
Leo Varadkar (Dublin West, Fine Gael)
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Question 755: To ask the Minister for Communications, Energy and Natural Resources 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. [6627/08]
Eamon Ryan (Dublin South, Green Party)
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The companies in which my Department holds an equity stake and the level of that stake, is shown in the following table. RTÉ and Bord Gáis Éireann are statutory bodies established by legislation. They do not have issued share capital. In the case of the ESB 85% of the share capital is held by the Minister for Finance and 5% is held by an ESOT. In the case of Bord na Móna the balance of the shares are held directly or indirectly by the Minister for Finance.
| Company | Level of equity stake |
| An Post | 54,590,943 Shares of a total of 54,590,946 shares |
| ESB | 10% of the Capital Stock |
| Bord na Móna plc | 3 shares out of a total issued Share Capital of 61,952,007 |
| Irish National Petroleum Corporation Limited (INPC) | 2 Ordinary Shares of a shareholding of 100 authorised shares100% of the issued share capital (2 shares) |
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