By Kylie MacLellan and William James LONDON (Reuters) – Shares in Britain's Royal Mail rocketed to a near 40 percent premium above their issue price in Friday's stock market debut, fuelling a debate about whether they had been priced too low in order to guarantee a successful privatization. The share …
Read More »Royal Mail share price set at 330p – as it happened
The day's events as the government announces successful allocations for anyone asking for £750 of shares, and mixed fortunes for those who applied for more Nick Fletcher More: continued here
Read More »Wealthy investors ‘will not be guaranteed Royal Mail shares’ – Telegraph.co.uk
Telegraph.co.uk Wealthy investors 'will not be guaranteed Royal Mail shares'Telegraph.co.ukEarlier this week, it emerged that there has been a surge of demand for Royal Mail shares which saw the Government receive applications for up to 15 times the number of shares on offer. Ministers are now attempting to ensure that …
Read More »Royal Mail – shares for 95 per cent of small investors – Channel 4 News
Royal Mail – shares for 95 per cent of small investorsChannel 4 NewsThe government has allocated Royal Mail shares to almost 95 per cent of individual applicants, but anyone trying to buy shares worth more than £10,000 gets nothing. Please wait while this video loads. If it doesn't load after …
Read More »Royal Mail shares: How the allocation and float will work – Telegraph.co.uk
Royal Mail shares: How the allocation and float will workTelegraph.co.ukGrey markets – spread betting markets run by IG Index where punters bet on share prices – are indicating that Royal Mail shares will rise to around 400p on the first days trading. That will give retail investors holding the minimum …
Read More »Royal Mail shares: thousands fail in applications for larger stake
Vince Cable allocates £749 of shares for applications under £10,000 but 36,500 people with higher bids will receive nothing Anyone who applied for more than £10,000 of Royal Mail shares – an estimated 36,500 individuals – will be left empty handed after the government chose to favour small investors over …
Read More »Royal Mail shares: How the allocation will work – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares: How the allocation will workTelegraph.co.ukGrey markets – spread betting markets run by IG Index where punters bet on share prices – are indicating that Royal Mail shares will rise to around 400p on the first days trading. That will give retail investors holding the minimum stake …
Read More »You’ve got Mail: Every small investor gets £750 of shares in Royal Mail but … – Daily Mail
Daily Mail You've got Mail: Every small investor gets £750 of shares in Royal Mail but …Daily MailDr Tim May, chief executive of the Wealth Management Association which represents small shareholders, said: 'It is clear that small investors should be the backbone of Royal Mail plc. Governments have been elected …
Read More »Royal Mail privatisation: government to announce share price and allocation – The Guardian
The Guardian Royal Mail privatisation: government to announce share price and allocationThe GuardianThe government will announce the final details of how it will divide Royal Mail shares between the public and the City investors shortly after 4.30pm today. Ministers held an emergency meeting earlier on Thursday to work out how …
Read More »Royal Mail shares trading to begin
Privatised Royal Mail shares, priced at 330p initially, are due to begin conditional trading on Friday morning. More: continued here
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