New York Times Royal Mail Shares Surge in DebutNew York TimesLONDON – Shares of Royal Mail rose 38 percent on their first day of trading on the London Stock Exchange on Friday, adding to criticism from some policy makers that the government sold a majority of Britain's main postal service too cheaply. Royal Mail … More:…
Questor share tip: What to do with your Royal Mail sharesTelegraph.co.ukLast time I covered Royal Mail, I said people should cancel their holidays to take advantage of the offer and as conditional trading in the shares starts investors can see why. The shares that were issued by the government at 330p, have jumped to 440p…
Shares in Royal Mail close at 455p on their first day of conditional trading – up 38% on their initial 330p offer price. More: continued here
BBC News Was Royal Mail sold too cheaply?BBC NewsWith £27bn of investors' money having chased shares priced at just £1.7bn, and with Royal Mail's share price trading at more than 450p this morning, compared with the 330p a share the government is receiving, there is a certainly a case for saying the … More: continued here
Royal Mail soared by more than £1 billion in value during a storming first day of trading, netting big profits for investors but prompting accusations that the Government sold it too cheaply. More: continued here
Royal Mail trading underway: your questions answeredTelegraph.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 £158 in paper … More: continued here
Telegraph.co.uk Royal Mail share float: liveTelegraph.co.uk11.44 The business secretary – who this morning faces questions over whether the Government has under-valued the 500-year-old postal service – has said "what really matters" is that the Royal Mail is "a stable and successful company going forward", … More: continued here
The Guardian The Royal Mail sell-off is not simply about bean-countingThe GuardianThe argument for book-balancing has been used even to justify the privatisation of Royal Mail, not least because the usual argument about inefficiency of public enterprises does not apply to it. The sale will increase government revenue and thus reduce … More: continued here
Landsdowne grabs huge stake in Royal Mail sell-offCNBC.comThe Royal Mail, which began conditional trading on Friday, is the UK Government's biggest privatisation in over 20 years. It was heavily oversubscribed despite being priced at the top of the range, valuing the company at £3.3 billion at Friday's open. More: continued here
We pull together essential reading on Royal Mail shares and explain what will …This is MoneyRoyal Mail shares have rocketed on the first day of 'conditional dealing' the morning after the share offer price was revealed to be 330p, with all investors who applied for less than £10,000 of shares getting a flat £749.10 worth…