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Ireland · Question · written

PQ 41

69 Deputy Joanna Tuffy asked the Minister for Finance the mechanism and terms for the conversion of preference shares in banks (details supplied) held by the National Pension Reserve Fund to ordinary shares; the outcome of the warrants in the case of such a conversion; the steps that will be taken to protect the warrants from devaluation as a result of dilution; and if he will make a statement on the matter. [25632/10]

askedIreland· Dáil Éireann· EN

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17 June 2010

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17 June 2010

Summary

69 Deputy Joanna Tuffy asked the Minister for Finance the mechanism and terms for the conversion of preference shares in banks (details supplied) held by the National Pension Reserve Fund to ordinary shares; the outcome of the warrants in the case of such a conversion; the steps that will be taken to protect the warrants from devaluation as a result of dilution; and if he will make a statement on the matter. [25632/10]

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National Pensions Reserve Fund

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