Fewer than 3 per cent to claim free Aer Lingus shares

Fewer than 3 per cent of Aer Lingus shareholders who bought into the airline when it floated last year held onto their investment to qualify for free shares a year later.

20th October, 2007

Fewer than 3 per cent of Aer Lingus shareholders who bought into the airline when it floated last year held onto their investment to qualify for free shares a year later.

The former state airline is to award just 700,000 free shares, worth €1.6 million, under the 5 per cent bonus scheme that was set up to encourage retail investors to remain on the shareholder register instead of taking a quick profit following the flotation.

Investors who took...

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