AIB shares fall almost 20%

AIB shares tumbled 8c to €0.32 on the ISEQ exchange today, a drop of 19.75%.

The fall followed news of the Government's further €3.7bn capital injection into the ailing bank, taking the State's shareholding to 49.9% and meaning effective nationalisation. The bank's shares will be delisted from the main ISEQ exchange in January.