Rectification to previous PDMR Notification

RNS Number : 0242E

AIB Group PLC

06 February 2018

 

AIB GROUP PLC (the "Company")

RECTIFICATION OF PREVIOUS NOTIFICATION OF TRANSACTIONS BY

PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

On 31 July 2017, Allied Irish Banks, p.l.c. ("AIB Bank") announced via the Regulatory News Service ("RNS") that it had been notified by the PDMR detailed below of transactions in the ordinary shares of €0.625 each in AIB Bank. Furthermore on 13 December 2017, AIB Group plc announced via RNS that ordinary shares and/or any interests in ordinary shares in AIB Bank held by PDMRs and Persons Closely Associated with PDMRs ("PCAs") of AIB Bank were, in effect, exchanged on a one for one basis for ordinary shares and/or interests in ordinary shares in AIB Group plc under the terms of a scheme of arrangement detailed further below.

Name	Date of Notification to the Company (the Company being AIB Bank per notification on 31 July 2017 and AIB Group plc per notification on 13 December 2017)	Number of shares purchased	Purchase price per share (shown in the currency purchased as at the date of purchase being 28 July 2017)	Total Number of Shares Held Following Transaction
Catherine Woods	28 July 2017	24,000 (the "Shares")	€4.9322	24,000

The purpose of this notification is to rectify the public record to accurately reflect that the aforementioned purchase of 24,000 shares was in fact made through a joint account held in the name of Mrs Catherine Woods and Mr James (Jim) Woods, who is an identified person closely associated ("PCA") to Mrs Woods, rather than in Mrs Woods' sole name.

The table below reflects the correct transaction details:

Name(s)	Date of initial Notification to the Company (the Company being AIB Bank per notification on 31 July 2017 and AIB Group plc per notification on 13 December 2017)	Number of shares purchased	Purchase price per share (shown in the currency purchased as at the date of initial purchase being 28 July 2017)	Total Number of Shares Held Following Transaction
Catherine Woods and James (Jim) Woods (purchased jointly)	28 July 2017	24,000	€4.9322	24,000

For clarity, the Shares were originally purchased in AIB Bank. As previously announced via RNS, AIB Group plc was introduced as the holding company of AIB Bank and its subsidiaries (the "AIB Group") by way of a scheme of arrangement which became effective at 6 p.m. on Friday, 8 December 2017 (the "Scheme"). In accordance with the terms of the Scheme, AIB Bank shareholders were issued with one share in AIB Group plc for every share held in AIB Bank at 6 p.m. on Friday, 8 December 2017.  With effect from 8.00 a.m., Monday 11 December 2017, the entire issued ordinary share capital of AIB Group plc was admitted to the primary listing segment of the Official List of the Irish Stock Exchange and to the premium listing segment of the Official List of the FCA and to trading on the Irish Stock Exchange's main securities market and the London Stock Exchange's main market for listed securities. Pursuant to the Scheme, the Shares held by Mr and Mrs Woods in AIB Bank became shares held in AIB Group plc.

Details of the transactions are included in the individual disclosure are set out below.

-ENDS-

For further information, please contact:

Sarah McLaughlin	Stephen O'Shea / Paddy McDonnell
Group Company Secretary	Corporate Affairs
AIB Bankcentre	AIB Bankcentre
Dublin	Dublin
Tel: [phone]	Tel: [phone]
email: [e-mail]	email: stephen.p.o'[e-mail]  [e-mail]

The notifications below are required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse ("Market Abuse Regulation").

1.   Details of the person discharging managerial responsibilities and person closely associated
Name:	Catherine Woods and James (Jim) Woods
2.   Reason for the notification
Position/status	Catherine Woods - Senior Independent Non-Executive Director and PDMR James (Jim) Woods - PCA to Catherine Woods (spouse)
Initial notification/amendments	Amendment to previous RNS announcements made on 31 July 2017 and 13 December 2017
3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name of legal entity	AIB Group plc
Legal Entity Identifier code	635400AKJBGNS5WNQL34
4.   Details of the transaction(s)
Description of financial instrument, type of instrument	ordinary shares of €0.625 each
Identification code	IE00BF0L3536
Nature of transaction	Purchase of shares
Currency	EUR
Price and volume	Price Volume €4.9322 24,000
Aggregated information	Price Volume Stock Exchange Location €4.9081 14,390 London €4.9346 9,610 Dublin
Date of transaction	28 July 2017
Place of transaction	Dublin Stock Exchange (XDUB) London Stock Exchange (XLON)

 

END

 

 

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