Clarification - Mr Michael Berkery
On Tuesday 5 April 2016 an article was published in the Farming Independent under the title 'IFA Rocked By New Pay Claims'.
We wish to clarify that it was never our intention to imply that Mr Michael Berkery was guilty of any misconduct whatsoever regarding his remuneration as Chief Executive Officer of the IFA.
Furthermore, we confirm that all the shares Mr Berkery holds in FBD plc were acquired at open market prices, in full conformity with Irish Stock Exchange rules.
We are happy to state that it was never our intention to cause any adverse inferences to be drawn from this article.