221. Deputy Seamus Healy asked the Minister for Finance the value of the preference shares, which were held in Bank of Ireland by the State, sold in recent times to Baggot Securities; the nature of the company Baggot Securities; if the company is connected in any way with Bank of Ireland; the monetary amount by which the equity in Bank of Ireland held by the State was reduced due to the rights issue by Bank of Ireland; if the money was raised through the rights issue used by Bank of Ireland to purchase preference shares held by the State; and if he will make a statement on the matter. [21517/14]

Summary

221. Deputy Seamus Healy asked the Minister for Finance the value of the preference shares, which were held in Bank of Ireland by the State, sold in recent times to Baggot Securities; the nature of the company Baggot Securities; if the company is connected in any way with Bank of Ireland; the monetary amount by which the equity in Bank of Ireland held by the State was reduced due to the rights issue by Bank of Ireland; if the money was raised through the rights issue used by Bank of Ireland to purchase preference shares held by the State; and if he will make a statement on the matter. [21517/14]

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• State Banking Sector

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