Andover Advertiser Government sells half of its remaining Royal Mail sharesBBC NewsThe government has sold half of its remaining 30% stake in Royal Mail, raising another £750m for the Exchequer. Postal workers will receive a 1% stake in the company worth about £50m, in addition to the 10% given to …
Read More »Royal Mail shares likely to be priced at 500 pence each -source – Reuters UK
The Star Royal Mail shares likely to be priced at 500 pence each -sourceReuters UKThe British government announced on Wednesday that it would sell half of its remaining stake in Royal Mail, leaving it with about 15 percent of the postal service that was wholly state owned until 2013. (Reporting …
Read More »Dylan Thomas stamp to feature on postboxes to celebrate Royal Mail anniversary – South Wales Evening Post
South Wales Evening Post Dylan Thomas stamp to feature on postboxes to celebrate Royal Mail anniversarySouth Wales Evening PostSTAMPS featuring Welsh icons are set to appear on postboxes across Wales, to celebrate the Royal Mail's 50th anniversary of its Special Stamp programme. The Wales Millennium Centre and Dylan Thomas are …
Read More »Broker Spotlight – Royal Mail, RBS, Sainsbury, FirstGroup, Majestic Wines – Proactive Investors UK
Broker Spotlight – Royal Mail, RBS, Sainsbury, FirstGroup, Majestic WinesProactive Investors UKIs it a case of good riddance? As George Osborne's plans to sell the government's holdings in Royal Bank of Scotland (LON:RBS) and Royal Mail (LON:RMG) are confirmed, JP Morgan Cazenove is upgrading its rating of the latter to …
Read More »UK government raise 750 mln pounds from Royal Mail stake sale – Reuters
UK government raise 750 mln pounds from Royal Mail stake saleReutersIn a speech on Wednesday, Finance Minister George Osborne said the government would also award up to 1 percent more of Royal Mail's shares to staff, after giving them 10 percent of the 500-year old postal operator in 2013. ($1 …
Read More »Royal Mail upped to ‘overweight’ by JPMorgan as PostNL abandons UK direct … – DIGITALLOOK
DIGITALLOOK Royal Mail upped to 'overweight' by JPMorgan as PostNL abandons UK direct …DIGITALLOOKJPMorgan Cazenove upgraded Royal Mail to 'overweight' from 'neutral' and raised the target price to 605p from 515p, pointing to diminished postal risk after PostNL announced the suspension of Whistl's UK direct delivery operations. “While uncertainty … More: …
Read More »Government sells 15% of Royal Mail at £5 a share – The Guardian
Telegraph.co.uk Government sells 15% of Royal Mail at £5 a shareThe GuardianRoyal Mail shares closed on Wednesday at 516.5p, a 57% increase on the 330p float price. The government floated 60% of the company in October 2013 and was accused of selling a national asset too cheaply after the shares …
Read More »British Government Raises $1.16 Billion in Sale of Royal Mail Shares – New York Times
International Business Times UK British Government Raises $1.16 Billion in Sale of Royal Mail SharesNew York TimesThe government sold a 15 percent stake at 500 pence a share to institutional investors overnight as it looks to sell down its remaining interest nearly two years after Royal Mail went public. The …
Read More »Royal Mail: government starts sale of shares – but you won’t be able to buy any – The Independent
The Independent Royal Mail: government starts sale of shares – but you won't be able to buy anyThe IndependentA note from the Department of Business, Innovation and Skills said that the sale of half the government's shares, comprising 15 per cent of the value of Royal Mail, has been authorised. …
Read More »Government to sell further 15 percent of Royal Mail, award staff shares – Yahoo News UK
Yahoo News UK Government to sell further 15 percent of Royal Mail, award staff sharesYahoo News UKLONDON (Reuters) – The British government on Wednesday said it would sell half of its remaining stake in Royal Mail , leaving it with about 15 percent of the postal service that was wholly …
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