AIB begins trading: what you should know

Shares rise strongly in early trading, state sells extra shares in the bank

State to raise €3.4 billion from AIB sale.

The initial public offering (IPO) of AIB shares appears to have got off to a successful start, with the price rising from the initial offer price and the state selling extra shares. The flotation is Europe’s biggest this year.

Shares in the bank began conditional trading in Dublin and London this morning after Finance Minister Paschal Donohoe announced that the price had been set at €4.40 a share.

The shares rose to €4.70 ...