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Royal Mail shares over subscribed

The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
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biscuit1957
MAIL CENTRES/PROCESSING
Posts: 161
Joined: 30 Jul 2013, 16:04
Gender: Male
Location: Swindon Mail Centre has given up

Royal Mail shares over subscribed

Post by biscuit1957 »

Royal Mail shares over subscribed it was announced, does this mean that our shares will be reduced to sell them to the public
There is a forgotten, well almost a forbidden word, which means more to me than any other.

That word is ENGLAND!!!
wandle
Posts: 944
Joined: 25 Feb 2011, 17:17
Gender: Male

Re: Royal Mail shares over subscribed

Post by wandle »

NO!
10% of the entire share capital of the company is set aside for employees.

The shares the government are making available via the retail offer have been oversubscribed, i.e. the total number of shares applied for by the public, institutions and by those employees wishing to purchase additional shares exceeds the total number of shares being sold.