Temporary Suspension of Shares (8745D)
March 30 2011 - 2:00AM
UK Regulatory
TIDMIPM TIDM74SV
RNS Number : 8745D
Irish Life & Permanent Grp HldgsPLC
30 March 2011
RNS Announcement
Irish Life & Permanent Group Holdings plc ("IL&PGH")
March 30(th) 2011
Temporary suspension of shares
The Board of IL&PGH ("the Board") notes the recent media
comment providing details of the expected capital requirement
arising for the Group as a result of the current Prudential Capital
Assessment Review ("PCAR") and Prudential Liquidity Assessment
Review ("PLAR") exercises being under taken by the Central
Bank.
The PCAR and PLAR exercises are not yet completed and the
quantum of capital that may be required by the Group, and the
source of that capital, is not yet finalised. In the light of the
significant movements in the share price yesterday the Board has
requested the temporary suspension, until Friday April 1(st) , of
the company's shares on the Irish and London Stock Exchanges
pending the outcome of those exercises.
The Central Bank expects to announce the results for all the
banks involved on Thursday evening March 31(st) and a full
statement will be issued by the Group on foot of that
announcement.
Contact details:
Investor Relations
Barry Walsh, Head of Investor Relations
Tel: +353 1 704 2678
Orla Brannigan, Investor Relations
Tel: +353 1 704 1345
Media
Ray Gordon, Gordon MRM
Tel: +353 1 665 0450
This information is provided by RNS
The company news service from the London Stock Exchange
END
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