UK to sell at least £2 billion of Lloyds shares to the public next spring

The British government said it plans to sell at least £2 billion of Lloyds shares to the public early next year

4th October, 2015

The British government said it plans to sell at least £2 billion (€2.7 billion) of Lloyds Banking Group shares to households early next year.

The government plans to “fully exit” its Lloyds stake “in the coming months,” according to a statement on Monday. Members of the public will be offered a discount of five per cent of the market price, with a bonus share for every 10 shares if they hold their investment for more...

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