DIGITALLOOK Govenment sells remaining Royal Mail stakeDIGITALLOOKThe final 1% of shares will be gifted to Royal Mail's eligible UK employees, taking the total stake owned by its staff to 12%. Javid said its truly historic day for Royal Mail. “We have delivered on our promise to sell the Government's entire …
Read More »FTSE 100 movers: SAB surges on AB InBev agreement; Royal Mail slumps – DIGITALLOOK
FTSE 100 movers: SAB surges on AB InBev agreement; Royal Mail slumpsDIGITALLOOKOn the downside, Royal Mail was a standout loser after business secretary Sajid Javid confirmed that the government has sold its remaining stake in the company. Nearly all of its 14% stake was sold to institutional investors for 455p …
Read More »Government sells final stake in Royal Mail for £591 million – News Shopper
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 …
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