Last call for free First Active shares

Customers of the former First National building society, which now trades as First Active, should check whether they may have…

Customers of the former First National building society, which now trades as First Active, should check whether they may have an entitlement to free shares. There are still 9.1 million First Active shares that have never been claimed by eligible members. The shares would have a stock market value of around #20 million, but under the terms of the flotation these shares will be cancelled if not claimed by October 6th 2001. First Active issued 129.4 million shares when it floated on the stock market in October 1998. A further 5.1 million free shares have been issued since the flotation and another 6.8 million shares have been issued to shareholders who held on to the stock by way of a loyalty bonus. The bank will begin a series of roadshows to meet with its shareholder base around the Republic next month, giving them an opportunity to meet its key executives and representatives of its stockbrokers, Davy. Details of the roadshow locations will be announced shortly.