ESB ESOP TRUSTEE

The ESB ESOP is managed and administered by the Trustee, ESB ESOP Trustee Limited. The Trustee has a duty to act fairly and in the best interests of all participants. Information about the Board members of the Trustee can be found here... A 5% Employee Share Ownership Plan (ESOP) was a feature of the Cost and Competitiveness Review (CCR) agreed between the Government and ESB management and ESB Group of Unions in 1996. The ESOP is a tax efficient mechanism designed to allow employees of a company to acquire shares in that company or its parent company... The ESB Employee Share Ownership Plan (ESOP) is the tax efficient mechanism established in 2001 to acquire and hold a 5% stake in ESB on behalf of over 10,000 employees and former employees of ESB.

Also known as: ESB ESOP, ESB ESOP Trustee Ltd.

Registration numbers: 351161 (W)

Primary location: Ireland