Strong investor interest in Royal Mail floatFinancial TimesBritain's Royal Mail has received enough orders for all the shares on offer in its stock market flotation within hours of order books opening, suggesting that interest from institutions will be enough to overcome the threat of strikes. The UK … More: continued …
Read More »Royal Mail to sell £3billion worth of shares before staff get chance to strike over privatisation plan
Members of the public who want a stake in the postal service must buy shares worth at least £750, and have until October 8 to register their interest. More: continued here
Read More »Royal Mail privatisation oversubscribed within hours – Telegraph.co.uk
Telegraph.co.uk Royal Mail privatisation oversubscribed within hoursTelegraph.co.ukThe Government announced plans to divest up to 70pc of Royal Mail within two weeks on Friday morning and demand from institutions and private investors was said to be extrememly high after the prospectus was published later in the day. Investors have … More: continued …
Read More »Royal Mail privatisation shares: A list of stockbrokers and their costs – Telegraph.co.uk
Telegraph.co.uk Royal Mail privatisation shares: A list of stockbrokers and their costsTelegraph.co.ukThe Government's plans to float the Royal Mail were formalised with the publication of the prospectus yesterday. Between 40.1pc and 52.2pc of the company will be offered, or between 401 million and 521 million shares, although this could be …
Read More »Royal Mail Valued at $5.3 Billion Ahead of IPO – ABC News
Royal Mail Valued at $5.3 Billion Ahead of IPOABC NewsThe British government said Friday that Royal Mail will be valued at up to 3.3 billion pounds ($5.3 billion) when it sells a majority stake in the 500-year-old service next month. Shares are expected to be priced at between 260 pence …
Read More »Royal Mail shares valuation: Quick facts – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares valuation: Quick factsTelegraph.co.ukIn this case Royal Mail could double its dividend and still meet the payments from its earnings, although that would leave nothing for investment. Paying half of your profits to shareholders – in other words, dividend cover of two – is widely seen as …
Read More »Royal Mail privatisation by mid-October – BBC News
Royal Mail privatisation by mid-OctoberBBC NewsShares in Royal Mail will be sold by mid-October, with privatisation complete by 15 October – before the company's workers have a chance to strike over the move. On Friday postal workers began voting on whether to take industrial action to oppose the plan. More: …
Read More »Royal Mail has buyers for all IPO shares
Offering values UK postal service at as much as £3.3 billion More: continued here
Read More »Royal Mail valued at up £3.3bn ahead of privatisation – The Independent
The Independent Royal Mail valued at up £3.3bn ahead of privatisationThe IndependentThe Government is selling a stake of between 50.1 and 70 per cent in Royal Mail, arguing that private investment is essential to help it compete for the lucrative and rapidly growing parcels delivery market. A ten per cent …
Read More »Questor share tip: Get in quick and buy Royal Mail shares – Telegraph.co.uk
Questor share tip: Get in quick and buy Royal Mail sharesTelegraph.co.ukRoyal Mail said it expects to pay a full year dividend of £200m, around 20p per share, which would yield between 6.1pc and 7.7pc given the share price range. The Royal Mail has a dominant market position giving it pricing …
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