AIB Files Form 25 with SEC
August 16 2011 - 6:49AM
Marketwired
Allied Irish Banks, p.l.c. announces filing of Form 25 with the
SEC
Following on from its announcement on 4 August 2011, when Allied
Irish Banks, p.l.c. ("AIB") (NYSE: AIB) announced that its Board of
Directors resolved to delist its American Depositary Shares
("ADSs"), each representing ten ordinary shares, par value EUR0.01
per share, from the New York Stock Exchange ("NYSE"), AIB now
announces that it has taken the next step in the process to
delisting and has filed a Form 25 with the US Securities and
Exchange Commission on 15 August 2011. AIB expects the delisting of
its ADSs to become effective at the close of business on or about
25 August 2011, from which time AIB's ADSs will no longer be traded
on the NYSE.
Concurrently with or following delisting, AIB intends to
terminate the ADS facility by terminating the ADS deposit agreement
between AIB and the Bank of New York Mellon as depositary (the
"Depositary"). The Depositary will contact ADS holders in due
course with further information, including with regard to any
further action to be taken.
In due course, AIB also intends to deregister its securities and
terminate its obligations under the US Securities Exchange Act of
1934 by filing a Form 15F. AIB's aim is to meet the applicable
criteria for deregistration of its securities.
AIB reserves the right, for any reason, to delay these filings
or to withdraw them prior to their effectiveness.
AIB has not arranged for listing and/or registration on another
US national securities exchange or for quotation of its securities
in a US quotation medium, but expects that, after delisting the
ADSs, its ordinary shares will continue to trade on the Enterprise
Securities Market of the Irish Stock Exchange. Information required
to be made available pursuant to Rule 12g3-2(b) under the Exchange
Act will be made available on AIB's website at
www.aibgroup.com.
- ENDS -
This announcement is distributed by Thomson Reuters on behalf of
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that: (i) the releases contained herein are protected by copyright
and other applicable laws; and (ii) they are solely responsible for
the content, accuracy and originality of the information contained
therein.
Source: Allied Irish Banks, p.l.c. via Thomson Reuters ONE
[HUG#1538662]
For further information, please contact: Pat Clarke Corporate
Affairs & Marketing AIB Group Dublin Tel: +353-1-6412381 email:
Email Contact Ronan Sheridan Group Press Officer AIB Group Dublin
Tel: +353-1-6414651 email: Email Contact
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