ALLIED Irish Banks has issued 1.95 million new shares to shareholders who opted to receive new shares instead of cash in respect of the final dividend for 1995. The cash cost of the final dividend of 7.7p a share was £51.8 million and as a result of the scrip take up AIB will save just over £6.6 million that would otherwise have been paid out in cash. AlB has also disclosed that it has issued almost 310,000 new shares in respect of its executive share option scheme, but no further details were revealed.