Pearse Doherty (Donegal South West, Sinn Fein)
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213. To ask the Minister for Finance the number of shares he owns in Irish Water; and the date and details of any purchase or sale of shares by him. [43124/14]

Michael Noonan (Limerick City, Fine Gael)
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Irish Water was established as a subsidiary of Bord Gáis Éireann (now Ervia) on 17 July 2013.  In accordance with Section 5 of the Water Services Act 2013, on incorporation Irish Water issued one A share to Ervia carrying voting rights but no economic rights to benefit from the activities of Irish Water, and one B share to each of the Minister for Finance and the Minister for the Environment, Community and Local Government which carry no voting rights but full economic rights to benefit from the activities of Irish Water.  There has been no change in shareholding since incorporation.