Former Bank of Ireland chief executive and current non-executive director Pat Molloy has made a paper profit of almost £350,000 after buying shares at an option price. Mr Molloy bought 59,558 shares at an option price of €1.43 compared to the price in the €8.90 price in the market. Mr Molloy now holds 1.14 million shares which are worth more than €10 million (£8 million).