#piotrskoczylas

News Headlines | Court of Appeal schedules another PTSB hearing in July AI generated summary, Read the full article for complete information. The Court of Appeal has scheduled a further hearing for 8 July in the dispute over PTSB’s €1.6 billion takeover by Austria’s BAWAG, after a small group of shareholders—led by former investment banker Piotr Skoczylas of Scotchstone Capital, who own less than 1 % of the bank—failed to obtain a stay on an extraordinary general meeting set for 30 July. The shareholders argue that Finance Minister Simon Harris, who holds 57.5 % of PTSB on behalf of the State, should be classified differently from other shareholders, a point the High Court said will be addressed later when the takeover is reviewed by the courts. Harris supports the BAWAG offer, and the outcome of the July 8 hearing could determine whether the July 30 EGM proceeds, although PTSB notes the classification issue will be decided at a later stage. Read more: https://www.rte.ie/news/business/2026/0515/1573587-ptsb-high-court-appeal/ #PermanentTSB #BAWAG #PiotrSkoczylas #SimonHarris #HighCourt

News Headlines | High Court allows PTSB's EGM to go ahead in July AI generated summary, Read the full article for complete information. The High Court has cleared the way for an extraordinary general meeting of PTSB on July 30, allowing shareholders to vote on a €1.6 billion takeover of the bank by Austria’s BAWAG. A minority group of shareholders holding less than 1 % of the stock, led by Piotr Skoczylas of Scotchstone Capital, had asked the court to consider whether Finance Minister Simon Harris—who controls 57.5 % of PTSB on behalf of the state—should be classified differently from other investors. Justice Mark Sanfey ruled that the issue of shareholder composition can be addressed later when deciding whether to sanction the BAWAG acquisition, refused the request for a stay of the meeting, and noted his decision does not prejudice the minority shareholders, who plan to appeal to the Court of Appeal. Read more: https://www.rte.ie/news/business/2026/0513/1573151-ptsb-egm/ #HighCourt #PTSB #BAWAGgroup #SimonHarris #PiotrSkoczylas #ScotchstoneCapital #MarkSanfey #AppealCourt #business