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Bank of Ireland Plans London Delisting and Premium Exit for Small Shareholders

Story Highlights
  • Bank of Ireland will seek shareholder approval to cancel its London listing, citing very low trading volumes.
  • The bank also plans an odd-lot offer letting small investors sell up to 30 shares at a 5% premium.
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Bank of Ireland Plans London Delisting and Premium Exit for Small Shareholders

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Bank Of Ireland Group plc ( (DE:BIRG) ) has issued an update.

Bank of Ireland Group has called its 2026 annual general meeting for 21 May in Dublin, where shareholders will be asked to approve the cancellation of its London Stock Exchange listing. The board argues that trading volumes in London have become negligible compared with overall activity, making the costs of maintaining the UK listing unjustified, while the primary listing on Euronext Dublin will remain in place.

The bank is also seeking authority to introduce an odd-lot offer over the 18 months following the AGM, allowing investors holding 30 or fewer shares to sell them back to the company at a 5% premium without incurring usual dealing costs. The move is designed to tidy up the share register and provide a cost-effective exit for small shareholders, with any implementation subject to director discretion and European Central Bank approval.

More about Bank Of Ireland Group plc

Bank of Ireland Group plc is a leading Irish banking group, providing retail and commercial banking, lending and financial services primarily in Ireland and the UK. Its ordinary shares are listed on the Main Market of Euronext Dublin, serving a broad base of individual and institutional shareholders in its core markets.

Find detailed analytics on BIRG stock on TipRanks’ Stock Analysis page.

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