94 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 Pensions Reserve Fund to ordinary shares; the outcome to the warrants in the case of such a conversion; the steps that would be taken to protect the warrants from devaluation as a result of dilution; and if he will make a statement on the matter. [17225/10]

Summary

94 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 Pensions Reserve Fund to ordinary shares; the outcome to the warrants in the case of such a conversion; the steps that would be taken to protect the warrants from devaluation as a result of dilution; and if he will make a statement on the matter. [17225/10]

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Timeline

1. 28 April 2010

   Banks Recapitalisation.

   94 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 Pensions Reserve Fund to ordinary shares; the outcome to the warrants in the case of such a conversion; the steps that would be taken to protect the warrants from devaluation as a result of dilution; and if he will make a statement on the matter. [17225/10]

   Source: written

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• Banks Recapitalisation.

  xml · EN · 28 April 2010

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Sponsors

• Tuffy, Joanna. · Asking member
• Minister for Finance · Minister for Finance · Addressed to

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