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Don't Tell Sid - Now It's Don't Tell The Postman

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OneFootInTheGrave

OneFootInTheGrave Report 10 Jul 2013 14:13

Royal Mail to be floated on stock exchange - Business Secretary Vince Cable has confirmed that the government will sell Royal Mail through a flotation on the London Stock Exchange.

http://www.bbc.co.uk/news/business-23249466

Researching:
I am researching the Wotherspoon family from the Old/New Monkland areas of Scotland, some moved to the Leslie and Kelty areas of Fife and I'm having problems linking the Wotherspoon's from Leslie and the Wotherspoon's from Kelty. I am also researching the Clusker family from Co. Meath in Ireland who moved to West Lothian and from there to Fife............"Vita non est vivere sed valere vita est"

CupCakes

CupCakes Report 10 Jul 2013 14:49

If the sale goes ahead................

Would be interesting to know how many shares one can buy and at what price.

Thinking about it.....................

:-D

OneFootInTheGrave

OneFootInTheGrave Report 10 Jul 2013 15:19

From Q&A on BBC website on the Royal Mail privatisation:-

The public, as well as big institutional investors, will be able to buy shares. But there will be no mass drive to get the public to buy into Royal Mail, in the way that the sale of British Gas was promoted in the 1980s.

In all, 10% of shares are being kept aside for Royal Mail's 150,000 employees, who will get them for nothing. They will also have first refusal on the shares being made available to the public.

Researching:
I am researching the Wotherspoon family from the Old/New Monkland areas of Scotland, some moved to the Leslie and Kelty areas of Fife and I'm having problems linking the Wotherspoon's from Leslie and the Wotherspoon's from Kelty. I am also researching the Clusker family from Co. Meath in Ireland who moved to West Lothian and from there to Fife............"Vita non est vivere sed valere vita est"

Graham

Graham Report 10 Jul 2013 17:18

Who's going to want to buy it? :-S It's been running at a loss for the last 500 years :-S