Thursday February 20, 2020

ESB pensioners losing out over share scheme

ESB pensioners are losing out on cash windfalls because the rules of a share ownership scheme forces them to sell at discount prices to current staff members, they say.

29th June, 2013

ESB pensioners are losing out on cash windfalls because the rules of a share ownership scheme forces them to sell at discount prices to current staff members, they say.

An internal market set up to allow staff and pensioners to sell shares received under an employee share ownership scheme (Esop) saw shares snapped up for as little as one cent last September, *The Sunday Business Post* has learned.

Earlier estimates had suggested that, based on...

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