€270m windfall for Kerry Co-op

Kerry Co-op members are to share a €270m windfall in Kerry Group shares next month, bringing to €2.9bn the total value of shares transferred to co-op members in the past 20 years.

These figures are based on today’s valuation of €45 per plc share.

Kerry Co-op members will transfer 20% of their co-op shares to the plc, and overnight see their shares gain around €270m in value.