Royal Mail shares to be priced at 330p
Christopher Hope, and Martin StrydomRoyal Mail's shares will be priced at 330p, the top end of the Government's pricing range, after strong demand from small investors and institutions.
Investors have offered more than £12bn for 516m shares worth £1.7bn.
Vince Cable, the Business Secretary, said 700,000 retail investors had subscribed for shares and demand was more than seven times the shares on offer.
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"Royal Mail shares to be priced at 330p ", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), octobre 2013. Consulté le 08/12/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/royal-mail-shares-to-be-priced-at-330p-