FAO Chartered Accountants

I got the list alright, 533 pages!

My understanding is that they got 6 Kerry PLC shares for every one Kerry Co Op share they owned. Kerry PLC shares are currently trading at €99. The average value of the new shares now held was €130k per person across the 12,000 on the list. There must be more millionaires in North Kerry than anywhere else in Ireland!

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Minus cgt

My ould lad was onto me about this as he has both types. Was there an opt in or did they automatically exchange the Co-op holdings for PLC shares?

I believe they automatically exchanged the co-op shares following the vote back in December

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My neighbour was left 800 co-op shares by his grand uncle who passed away a number of years ago, he didn’t know much about them until recently, worth €475k now the lucky duck, he’s over the moon

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Can you avoid the cgt if you reinvest in an agri related investment .land or buildings or the like…there was some exemption here on Kerry shares before that was the cause of the price of land going bananas

Can a layman access this filing?

lol. Perish the thought the poor farmers would have to pay a bit of tax on a windfall :joy:

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We had this discussion on here recently but I believe land in North Kerry is the most expensive farm land in the country

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They’ll probably get a grant for it

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No.

Yes. Register an account to email and pay for the documents (not expensive)

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That’s definitive so

Hopefully Buff can get a decent set of wheels

Just looking through the list of farmers/shareholders in the Farmers Journal there. Fascinating stuff - Brosnan struck gold really.

Going to cause some bitterness/resentment around Listowel though between the haves and have nots.

Throw up a link, I’ve a mate who’s auld lad is definitely on the list and I want to give him some jip

There’s a few attendees of my wedding on the list. Should have held off for a few years to get a fatter envelope

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Thanks.

Few snakey boyos with their Davy Nominee accounts

There’s a lad there a millionaire and he was already a millionaire multiple times over, and tis fuck all use to him because it would kill him to spend it

@kerry1891 there’ll be a few porsches around North Kerry

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You’d hope a bit of good will come from it all anyway.