Eircom ESOT prepares to distribute €69m to members

The Eircom Employee Share Ownership Trust (ESOT) is preparing to distribute another €69 million to its qualifying members later this month.

21st June, 2008

The Eircom Employee Share Ownership Trust (ESOT) is preparing to distribute another €69 million to its qualifying members later this month.

The tax free payout will be its 11th and bring the amount to around €7,000 each for members with full shares in the ESOT.

Once completed it will bring the total cash distributed to staff in the last six years to €700 million. All of the payments are tax free.

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