Glanbia Co-op has announced a new share trading programme. Co-op shareholders will be offered to sell their co-op shares at a flat-rate price of €5 each.

This is five times the €1 face value of the shares, and the same price as in recent similar schemes.

Glanbia Co-op describes it as “an efficient exit mechanism for retired members”.

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Only existing A1 members of Glanbia Co-op will be entitled to purchase shares. In the event of over-subscription, priority being given to those with low shareholdings.

Applications must be returned by 7 December 2018. Contact Glanbia Co-op shares office on 058-22241 for further information.