Home / Royal Mail / Royal Mail staff to get shares worth up to 300 million pounds in IPO – report

Royal Mail staff to get shares worth up to 300 million pounds in IPO – report

(Reuters) – Royal Mail employees will get shares that could be worth as much as 300 million pounds as part of the British government’s plans to list the state postal operator, Sky News reported, in what would be Britain’s biggest privatisation in decades. The shares would be handed to employees for free and not at a discount and would equate to 10 percent of Royal Mail’s equity, Sky News said …

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