News Shopper Government sells final stake in Royal Mail for £591 millionNews ShopperHe added: "This is a truly historic day for Royal Mail with the workers gaining a share of this history. "We have delivered on our promise to sell the Government's entire remaining stake which means that for the …
Read More »Government sells final stake in Royal Mail for £591 million – Andover Advertiser
Andover Advertiser Government sells final stake in Royal Mail for £591 millionAndover AdvertiserHe added: "This is a truly historic day for Royal Mail with the workers gaining a share of this history. "We have delivered on our promise to sell the Government's entire remaining stake which means that for the …
Read More »Government Dumps Remaining Royal Mail Shares and Pockets £591m – Gizmodo UK
Gizmodo UK Government Dumps Remaining Royal Mail Shares and Pockets £591mGizmodo UKThis means the nation's money bank has been boosted by a total of £3.3bn from the Royal Mail privatisation, a controversially low price given the size and scale of the operation and its vast bank of existing property. The …
Read More »Ending the model wars: How the Royal Mail Pension Plan revamped its governance … – Professional Pensions
Professional Pensions Ending the model wars: How the Royal Mail Pension Plan revamped its governance …Professional Pensionsleft to right: Chris Hogg, chief executive of Royal Mail Pensions Trustees; Ian McKnight, chief investment officer of Royal Mail Pensions Trustees; Mark Rugman, head of membership & benefits at the Royal Mail Pension …
Read More »Royal Mail share sale: The government has missed an opportunity by excluding … – City A.M.
City A.M. Royal Mail share sale: The government has missed an opportunity by excluding …City A.M.As an example, when Royal Mail first floated 20 per cent of its shares in 2013, more than a quarter of those who applied for shares said it was their first stock market investment. In …
Read More »Government raises £591 million from final Royal Mail sale – Fresh Business Thinking
Government raises £591 million from final Royal Mail saleFresh Business Thinking"The remaining government share in this profitable company should have been used to safeguard the public's voice in Royal Mail and ensure the continuation of daily deliveries to every address in the country," said CWU general secretary Dave Ward.and more » …
Read More »Government offloads last of Royal Mail shares for just over £951m – Glasgow Evening Times
Glasgow Evening Times Government offloads last of Royal Mail shares for just over £951mGlasgow Evening TimesHe added: "This is a truly historic day for Royal Mail with the workers gaining a share of this history. "We have delivered on our promise to sell the Government's entire remaining stake which means …
Read More »Risers & Fallers: SABMiller, Royal Mail, Barclays, Arrow Global, LiDCO and … – Proactive Investors UK
Risers & Fallers: SABMiller, Royal Mail, Barclays, Arrow Global, LiDCO and …Proactive Investors UKRoyal Mail (LON:RMG) down 5.3%. The government's remaining 13% shareholding in the company is being sold for nearly £600mln. Barclays (LON:BARC) down 3.5%. The banking giant is set to appoint a former JP Morgan Chase banker as …
Read More »UK sells remaining Royal Mail stake – JOC.com
JOC.com UK sells remaining Royal Mail stakeJOC.comLONDON – The U.K. has sold its remaining stake in Royal Mail, raising 591.1 million pounds ($910 million) for a 13 percent shareholding and ending the state's involvement in the 499-year old postal company. The Royal Mail's 143,000 employees were …and more » More: continued here
Read More »Government to sell remaining 14% stake in Royal Mail – DIGITALLOOK
DIGITALLOOK Government to sell remaining 14% stake in Royal MailDIGITALLOOKWestminster will let go of its remaining stake in Royal Mail through a sale to professional investors. After the close of trading the government said it would begin a so-called accelerated book build immediately. At Monday's closing price of 470.3p its …
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