FURTHER to our reply last week to an Irish Permanent shareholders asking about the shares and how they can be bought and sold, Irish Permanent's stockbrokers, Riada informs Family Money of its special arrangements.

Holders of Irish Permanent shares can go to their local IP branch office and arrange for their shares to be sold through Riada at a special low-commission rate of 1.5 per cent.

This means that if a shareholder wants to sell his/her free allocation of 300 shares at the current market price there will be a charge of £27 on the £1,800 value of the transaction. Riada does levy a minimum commission of £10 - and this would apply if the value of the shares for sale is below £667.