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AER LINGUS PAYS OFF SHARE OWNERSHIP TRUST DEBT

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AER LINGUS PAYS OFF SHARE OWNERSHIP TRUST DEBT

Aer Lingus yesterday made the move to pay its employee share ownership trust (Esot) €25.3 million to clear its debt, which was held by Anglo Irish Bank. These borrowings relate to stock bought at the time of the company’s market debut in 2006 when the Esot subscribed for 15.5 million shares...

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