Policy paper

Royal Mail: sale of shares

Explains the government's intention to sell shares in Royal Mail.

• From: Department for Business, Innovation & Skills and The Shareholder Executive
• Published: 10 July 2013

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Documents

Royal Mail: sale of shares - presented to Parliament pursuant to section 2(2) of the Postal Services Act 2011

Ref: ISBN 9780108512612 , BIS/13/1054

PDF, 354 KB, 16 pages

Details

Sets out the government’s intention to conduct a sale of shares in Royal Mail. This introduction of private sector capital aims to secure the universal postal service for the benefit of all users. As part of this Initial Public Offering (IPO), members of the public will have the opportunity to buy shares.

We will also create an employee share scheme that will lead to at least 10% of the company in employee ownership. Ten per cent of the company’s shares will be allocated to Royal Mail employees for free.

See the related press notice on Royal Mail stock market flotation.

Published 10 July 2013