3 p.m., September 29th: Closing date for return of claim forms for free shares which will qualify for the loyalty bonus. Closing date for applications to buy shares - members can apply for up to £5,000 worth of shares and must send payment for the amount applied for with the application. Closing date for applications to sell free shares on flotation day through the First National share sale facility for which there is a £10 charge.

October 2nd: Closing date for institutional applications for new shares. Institutions can apply for 48 million shares and can pick up the flowback from members who decide to sell their shares on day one.

October 5th: The offer price of the shares will be published in national newspapers. Notices will be placed in the newspapers indicating the share allocations to members - applications to buy shares will be dealt with on a scaled-back basis if demand exceeds supply.

October 6th: Dealing in the shares will start on the Dublin and London stock markets.

October 9th: Members will know exactly how many shares they got. Notices will be sent out setting out their allocations of free and bought shares. Members have been warned to be careful about dealing in the shares before they have written confirmation of their allocations. For example, a member may assume they have got a free share allocation but their claim form may not have been received by First National.

Members will get refunds for shares paid for which could not be supplied because of any scaling back.

October 13th: Payment will be sent out to the members who sold shares at the offer price in the sale facility.