IPO of Royal Mail Plc


September 2013


Following the July 2013 announcement from the government, the sale of shares and the flotation of Royal Mail plc on the London Stock Exchange is now underway, with a price range for shares of between 260p and 330p. Given the demand for the offer, we envisage that shares will be sold towards the upper end of the range at 330p, which would value Royal Mail at £3.3 billion.

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