Gerald Nash (Louth, Labour)
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17. To ask the Minister for Finance his position on the future of the State’s remaining stake in Allied Irish Bank; and if he will make a statement on the matter. [5151/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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As you may be aware, on 28th January 2025, I announced the successful completion of the disposal of a further 5% of the State’s shareholding in AIB by way of an accelerated bookbuild.

These are the key points relating to the recent share sale:

• The State’s shareholding in AIB has reduced by 5% from c. 17.5% to c. 12.5% following this transaction.
• The Placing price was €5.60 per share representing a 2.27% discount on Monday 27^th January 2025 closing price (€5.73).
• The proceeds from the sale were €652m.
• The price achieved on this transaction was c. 14% higher (€5.60 v €4.90) than what was achieved in our previous accelerated bookbuild transaction in AIB last June while also achieving a lower discount (2.27% v 2.78%).
• This transaction was once again well received with significant demand from a large number of international institutional investors - as is typical with accelerated bookbuild transaction, the shares that are being sold are bought by institutional investors following a bookbuilding process.