July 6, 2017 / 6:29 AM / 2 months ago

BRIEF-Ireland exercises over-alotment option in AIB IPO

July 6 (Reuters) - Ireland's finance ministry

* Announces exercise of over-allotment option in relation to Allied Irish Banks

* End of stabilisation period allows the remaining 448 million euro proceeds from the AIB IPO to be remitted to the Irish exchequer

* Exercise of the over-allotment option brings the total proceeds received from the ipo to approximately 3.4 billion euros. Source text : here Further company coverage: (Reporting By Conor Humphries)

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