USEFUL RESOURCES

AIB IPO PROSPECTUS It’s too late now to put in an order to buy shares under the AIB IPO. However, it is still worth reading the AIB Prospectus should you be considering buying AIB shares after they start trading on stock markets this week, or if you’re unsure whether you should hold onto shares bought under the IPO — or sell them quickly. This document outlines some of the risks facing shareholders in the bank. For example, the Prospectus states that Brexit “may increase the level of non-performing loans held by, and reduce the level of demand for new loans from, banks across Ireland, including AIB”. The Prospectus also cites limits on executive pay as a risk to the bank as such restrictions “have made, and will continue to make, attracting and retaining skilled personnel of high calibre or in specialist areas difficult”. The Prospectus outlines some reasons why it might be a good idea to hold shares in the bank. “The performance of the Irish economy is extremely important to AIB,” states the Prospectus. “Ireland’s improved economic environment has had a very favourable impact on AIB’s performance recently. Despite uncertainties as to the potential impact of Brexit, the Irish economy is expected to continue to grow at attractive rates over the next several years.” You can get the full Prospectus in the ‘Investor Relations’ section of the AIB website.

AIB.IE/INVESTORRELATIONS This is the link to the ‘Investor Relations’ section of AIB’s website. It includes information of interest to current, and potential, investors in AIB, including financial results and reports, and the latest stock exchange announcements by the bank.

ISE.IE This is the website of the Irish Stock Exchange (ISE). Following the flotation, AIB shares are expected to be listed on the ISE from Tuesday. You can keep track of AIB’s share price on this website — and indeed, the share price of any other company listed on the ISE.

LONDONSTOCKEXCHANGE.COM This is the website of the London Stock Exchange, which AIB is set to join this Tuesday.

DEGIRO.IE Many people deal with stockbrokers when buying shares directly but stockbroker charges can be expensive — depending on how you buy your shares from them, and particularly if you are a small investor. Online brokers such as the Dutch online broker, Degiro, can offer a cheaper way to buy shares. The broker is not regulated here by the Central Bank. It is regulated by the Dutch Financial Markets Authority.

DAVY.IE/PRIVATE-CLIENTS/INSIGHTS As part of its wealth management service, Davy Private Clients produces various publications which give an insight into economic, political and financial issues and events which impact the investment landscape. The articles in this link are well worth a read if you are an investor who wants to keep on top of the events that could have an impact on their investments. There are also some articles here which give good practical tips for investors, including an article entitled ‘10 Timeless Rules of Investing’.