EGM Statement
January 16 2009 - 2:00AM
UK Regulatory
TIDMANGL
RNS Number : 7505L
Anglo Irish Bank Corp PLC
16 January 2009
ANGLO IRISH BANK CORPORATION PLC
(Anglo Irish Bank)
The Board of Anglo Irish Bank met this evening following the decision of the
Government not to proceed with the recapitalisation of the Bank. The Government
advised the Board of its willingness to take the Bank into public ownership. The
Board will work fully with the Government to ensure the long term commercial
viability of the Bank.
Anglo Irish Bank will continue to trade normally as a going concern and
accordingly customers and providers of funding can be fully assured of the
safety of their deposits and investments, which remain State guaranteed.The
Board and management are committed to driving the business forward on an
independent and commercial basis.
The Government has confirmed that all employees remain employees of the Bank.
The purpose of the EGM, planned for tomorrow, Friday 16 January, no longer
exists. It is intended as a result to open and adjourn the meeting as the
proposals tabled are no longer relevant.
-Ends-
15th January 2009
For further information please contact:
Natasha Mercer
Group Company Secretary
Tel: +353 1 616 2092
Billy Murphy / Martha Kavanagh
Drury Communications
Tel: 01 2605000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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