Royal Mail

(asked on 5th June 2015) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, whether Royal Mail staff will be able to buy shares during the sale of the Government's holding.


Answered by
Anna Soubry Portrait
Anna Soubry
This question was answered on 10th June 2015

As set out in the Secretary of State’s report to Parliament laid under section 2(2) of the Postal Services Act 2011 on 8 June, the sale of shares will be subject to market conditions and sensitivities and the Government will retain flexibility over the number of shares that are sold at any given time and the exact timing and structure of each sale.

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