L 44/40 Official Journal of the European Union 18.2.2015 COMMISSION DECISION (EU) 2015/218 of 7 May 2014 on the State aid Nos SA.29786 (ex N 633/09), SA.33296 (11/N), SA.31891 (ex N 553/10), N 241/09, N 160/10 and SA.30995 (ex C 25/10) implemented by Ireland for the restructuring of Allied Irish Banks plc and EBS Building Society (notified under document C(2014) 2638) (Only the English text is authentic) (Text with EEA relevance) THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, and in particular the first subparagraph of Article 108(2) thereof, Having regard to the Agreement on the European Economic Area, and in particular Article 62(1)(a) thereof, Having called on interested parties to submit their comments pursuant to the provisions cited above ('), Whereas: 1. PROCEDURE (1)  Allied Irish Banks, plc (AIB’) and the EBS Building Society (‘EBS’) have each received State aid individually, which was notified to the Commission in separate procedures. EBS and AIB merged on 1 July 2011 (‘the Bank’), and the Commission assessed the aid granted to the Bank in a separate procedure. Hence there are three State aid procedures relating to AIB, EBS and the merged entity, respectively. 1.1. AIB (2) By decision dated 12 May 2009, the Commission temporarily approved () a EUR 3,5 billion capital injection into AIB in the form of Core Tier 1 New Preference Shares, on the basis of several commitments including the submission of a restructuring plan within 6 months following the recapitalisation. (3)  Following this initial capital injection, the Irish authorities submitted an initial restructuring plan for AIB on 13 November 2009, followed by a number of exchanges. On 4 May 2010, the Irish authorities submitted an updated restructuring plan, which again was followed by a number of exchanges between the Commission and Ireland. (4) By decision dated 21 December 2010, the Commission temporarily approved (*) a EUR 9,8 billion rescue capital injection in the form of ordinary shares, pending the approval by the Commission of a revised restructuring plan taking into account the further aid provided to AIB. The capital injection was planned to take place in two stages: (i) EUR 3,7 billion to be injected by 31 December 2010, and (i) EUR 6,1 billion to be injected in February 2011 (). (5)  While the first instalment of the approved recapitalisation was carried out by the Irish State at the end of December 2010, the second injection planned to be undertaken in February 2011 never took place (°). () OJC214,7.8.2010,p. 3. (*) Commission Decision in Case N 241/09, Recapitalisation of Allied Irish Bank by the Irish State (O] C 223, 16.9.2009, p. 2). (®) Commission Decision in Case N 553/10, Second emergency recapitalisation in favour of Allied Irish Banks plc (O] C 76, 10.3.2011, .4). (*) %)“he)gross capital injections were respectively EUR 3,9 billion and EUR 6,3 billion, including each EUR 0,2 billion of fees repaid by AIB to the Irish government. (®) The Commission decision allowed the recapitalisation as a rescue measure for 6 months subject to the submission of an updated restruc- turing plan. The second instalment of the recapitalisation was not paid in February.