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Filing Details

Accession Number:: 0001209191-14-018832
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-03-10 15:57:39
Reporting Period:: 2014-03-07

Filing Date:: 2014-03-10
Accepted Time:: 2014-03-10 15:57:39
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1022575	Governor & Co Of The Bank Of Ireland	IRE	Commercial Banks, Nec (6029)	132687269

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1026610	Jr L Wilbur Ross	319 Clematis Street Room 1000 (10Th Floor) West Palm Beach FL 33401		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Ordinary Stock, Nominal Value 0.05 Euro Each	Disposition	2014-03-07	1,139,817,629	$0.33	1,793,818,229	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Ordinary Stock, Nominal Value 0.05 Euro Each	1,000	Direct

Footnotes

Reflects the sale of units of Ordinary Stock of the issuer consisting of 861,201,139 units sold by WLR Recovery Fund IV, L.P. ("Fund IV"), 198,821,105 units sold by WLR Recovery Fund V, L.P. ("Fund V"), 76,606,348 units sold by WLR/GS Master Co-Investment L.P. (the "Co-Invest Fund"), 3,188,838 units sold by WLR IV Parallel ESC, L.P. ("Parallel Fund IV") and 199 units sold by WLR V Parallel ESC, L.P. ("Parallel Fund V") on March 7, 2014.
Notwithstanding the "$", the sale price listed above is in Euros.
Fund IV owns 1,355,338,135 units of Ordinary Stock of the issuer, Fund V owns 312,899,989 units of Ordinary Stock of the issuer, the Co-Invest Fund owns 120,561,272 units of Ordinary Stock of the issuer, Parallel Fund IV owns 5,018,519 units of Ordinary Stock of the issuer and Parallel Fund V owns 314 units of Ordinary Stock of the issuer. The reporting person is the president and chief executive officer of WL Ross & Co. LLC, the managing member of El Vedado, LLC and the chairman and president of Invesco Private Capital, Inc. El Vedado, LLC is the general partner of WL Ross Group, L.P., which in turn is the managing member of WLR Recovery Associates IV LLC, WLR Recovery Associates V LLC and WLR Master Co-Investment GP, LLC.
WLR Recovery Associates IV LLC is the general partner of Fund IV, WLR Recovery Associates V LLC is the general partner of Fund V and WLR Master Co-Investment GP, LLC is the general partner of the Co-Invest Fund. WL Ross & Co. LLC serves as the investment manager to Fund IV, Fund V and the Co-Invest Fund. Invesco Private Capital, Inc. is the managing member of INVESCO WLR IV Associates LLC, which in turn is the general partner of Parallel Fund IV. INVESCO WLR IV Associates LLC and WLR Recovery Associates IV LLC have entered into a parallel investment agreement pursuant to which WLR Recovery Associates IV LLC has been appointed as representative and attorney of Parallel Fund IV to, among other things, exercise all rights, powers and privileges with respect to the Ordinary Stock owned by Parallel Fund IV and to take whatever action, including voting such Ordinary Stock, as WLR Recovery Associates IV LLC in its discretion deems fit.
Invesco Private Capital, Inc. is also the managing member of INVESCO WLR V Associates LLC, which in turn is the general partner of Parallel Fund V. INVESCO WLR V Associates LLC and WLR Recovery Associates V LLC have entered into a parallel investment agreement pursuant to which WLR Recovery Associates V LLC has been appointed as representative and attorney of Parallel Fund V to, among other things, exercise all rights, powers and privileges with respect to the Ordinary Stock owned by Parallel Fund V and to take whatever action, including voting such Ordinary Stock, as WLR Recovery Associates V LLC in its discretion deems fit.
The reporting person expressly disclaims beneficial ownership over these units of Ordinary Stock, except to the extent of his pecuniary interest therein, and the inclusion of these units of Ordinary Stock in this report shall not be deemed to be an admission of beneficial ownership of the reported units for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose.