Irish Stock Exchange Hosts Largest IPO In Europe In 2017 As AIB Lists On The MSM

AIB IPO raises €3bn for the State from Irish and international investors

AIB’s admission to a primary listing on the MSM follows the sale of a c. 25% stake in the group by the Minister for Finance of Ireland, raising c. €3bn for the State from Irish and international investors. AIB’s ticker for trading on the MSM is AIB1.

Deirdre Somers, Irish Stock Exchange CEO said:“We are delighted that AIB has joined the ISE's Main Securities Market and we are particularly proud that the Irish Stock Exchange is hosting the biggest IPO in Europe this year. This is a very positive step for AIB and the banking sector of Europe’s fastest-growing economy. We congratulate AIB on successfully executing its IPO and wish it every success in the future.”

Bernard Byrne, AIB CEO, said: “Our primary listing on the Irish Stock Exchange marks another important milestone for AIB and provides us with a platform to diversify our shareholder base within Europe and beyond.”

AIB is a financial services group operating mainly in the Republic of Ireland and the UK. AIB provides a broad range of services to personal, business and corporate customers in target markets and has leading market shares in banking products in the Republic of Ireland.