Business Irish

Tuesday 25 July 2017

Bank of Ireland falls in Dublin after May 14 Rights Announcement

Louisa Fahy

Bank of Ireland Plc fell as much as 2.9pc in Dublin trading after the lender announced details of a rights offer.

Bank of Ireland said May 14 it plans a 3 for 2 rights offer at a price of €0.55 per new unit of ordinary stock.

The stock fell as much as 4.4 cents to €1.49 and traded at €1.50 at 8:17 a.m. local time.


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