Stockbroker Merrion Capital has announced that three of its executives are to leave the company to pursue other interests.
Michael Hodson, Enrique Curran and Adrian O'Carroll - who are also significant shareholders in the company - are to leave.
Merrion said it planned to restructure its shareholder base as a result, through a commercial share offer, which will be subject to approval by the Financial Regulator.
It said the group continued to trade profitably, and it would continue to be led by John Conroy and Shane Nolan. US company Allen & Co will continue as a leading shareholder.
Mr Conroy said the departing executives had made a 'huge contribution' to Merrion.
In 2008, Merrion's management team agreed to buy all the shares previously held in the company by Icelandic bank Landsbanki.
