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Dáil Éireann Debate, Wednesday - 6 May 2015

Wednesday, 6 May 2015

Questions (131)

Michael McGrath

Question:

131. Deputy Michael McGrath asked the Minister for Finance the payment, in cents per share, made to shareholders in Siteserv, as a result of the €5m distribution as part of the write-off of €10 million by the Irish Bank Resolution Corporation; and if he will make a statement on the matter. [17371/15]

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Written answers

Neither I nor officials in my Department hold a record of the list of shareholders in Siteserv at the time of the transaction (other than the partial summary of the top 10 shareholders of Siteserv as at December 9, 2011, already released under Freedom of Information and available on the Department of Finance website) nor the details of the payment made to shareholders in cents per share.

However, I understand the Special Liquidator is coordinating access to the share register, which is available to view at the offices of Computershare, who provided share registration services to Siteserv. I would suggest that the Deputy contact the Special Liquidator directly to access this information.

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