AIB shares to launch at revised range of €4.20-€4.60
Last week a price range of €3.90 to €4.90 per share was placed on the shares as the Government published the prospectus ahead of the flotation of 25% of its near total holding in AIB.
The formal starting price is set to be unveiled on Friday when conditional trading in the shares commences. However, the price range was revised with a higher floor price, yesterday, to between €4.20 and €4.60. It is believed that demand will see the formal price set at the upper end of that range; somewhere between €4.40 and €4.60.
