NTR move may lead to listing
Shareholders were told yesterday, at the group’s annual general meeting in Dublin, that a range of options were open. While management is not committing to any specific one at this stage, the options include a distribution of surplus cash, the sale of assets and the partial or full flotation of the business.
Previous liquidity policies saw the sale of the West-Link toll facility and wind energy company Airtricity — when more than €250m was disbursed to shareholders and a proportion of the group’s debt was repaid.