Thursday February 20, 2020

ESB workers in line for cash windfall from shares sale

ESB staff and pensioners could benefit from cash windfalls of nearly €40,000 when an internal market for the company's shares is established later this month.

1st September, 2012

ESB staff and pensioners could benefit from cash windfalls of nearly €40,000 when an internal market for the company's shares is established later this month.

Staff and pensioners own 5 per cent of ESB through the company's employee share ownership programme (Esop), but to date have been unable to cash in on the shares granted to them in a 1996 agreement.

But that is set to change on September 21 as, for the first time, the company...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 1 month ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago