INFORMATION ON THE SALE OF AIB SHARES BY THE MINISTER FOR FINANCE

Information on the Sale

On 30 May 2017, the Minister for Finance announced his intention to proceed with an initial public offering (the “IPO” or the "Offer”) of Allied Irish Banks, p.l.c. (“AIB”) by selling AIB shares to institutional and retail investors.

This section provides certain information relating to the IPO which may be of interest to investors who are considering participating in the IPO.

The Offer involves the offer by the Minister for Finance alone of existing ordinary shares in AIB.  AIB will not issue any new ordinary shares in connection with the Offer.  Accordingly, existing AIB shareholders will not suffer dilution as a result of the Offer. The Offer will be open to eligible institutional and retail investors.

Retail Investors

A retail investor is a private investor who is not an institutional investor. 

Retail investors resident or incorporated in Ireland or the United Kingdom who wish to participate in the Offer are required to apply for AIB shares being offered by the Minister for Finance through the participating intermediaries appointed by the Minister for Finance (the "Intermediaries Offer”).

The minimum application size under the Intermediaries Offer is €10,000 per investor. Each retail investor can select their preferred participating intermediary. A participating intermediary can inform retail investors of how and when to make an application for the Offer; when funds will be required; when AIB shares will be available to retail investors to deal (and how much it will cost); and what account charges may be applicable.

Retail investors wishing to participate in the Intermediaries Offer must be accredited clients of a participating intermediary by 5pm on 16 June 2017.