7 May 2015

McCann FitzGerald advises on permanent tsb’s €400 million placing and admission to the main markets of the ISE and LSE

We advised Deutsche Bank AG London Branch (as Global Co-ordinator and Joint Bookrunner) and J&E Davy (as Sponsor and Joint Bookrunner) on the placing by permanent tsb Group Holdings plc of 88,888,889 ordinary shares, realising gross proceeds of €400 million.

Permanent tsb’s ordinary shares have been admitted to the primary listing segment of the Official List of the Irish Stock Exchange and to trading on the Irish Stock Exchange's Main Securities Market and to the standard listing segment of the Official List of the Financial Conduct Authority and to trading on the main market for listed securities of the London Stock Exchange.

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