The final Offer Price has been confirmed at 330p per share
The Royal Mail Share Offer proved extremely popular and the Government scaled back applications.
The final Offer Price was 330p per share and anyone who made a single application for an amount between £750 and £10,000 received 227 shares at a cost of £749.10. Anyone who applied for over £10,000 received no shares.
Dealing in Royal Mail shares
If you applied through Hargreaves Lansdown any shares you received and unallocated cash has been added to your account. You can now sell the Royal Mail shares you received or buy some more.
Placing a deal is easy. If you have registered for online access you can give us your dealing instruction by logging into your account with your username and Master Password. You can also deal by calling us on 0117 980 9802 with your Master Password to hand.
Our standard dealing commission is £11.95 per deal if you buy and sell shares online and 1% (minimum £20, maximum £50) to deal by telephone or post. We make no charges to buy and sell funds. Find out more about our charges.
Do you hold share certificates?
If you applied through the Government's Direct Offer and you have now received your share certificate you can also sell these shares through Hargreaves Lansdown if you wish. To sell a certificated holding please download a Royal Mail share certificate Postal Dealing Form and return it to us with your share certificates.
We will sell your shares once we receive your dealing form and share certificate.
Our standard dealing commission for certificated share dealing is 1% on the first £10,000 (minimum £20), 0.5% on the next £10,000 and 0.25% thereafter. There is an additional £20 certificated charge for all certificated deals, for the standard allocation of 227 Royal Mail shares that is a total of about £40 (based on the current share price).
What can you do with unallocated cash?
If the allocation gave you fewer shares than you wanted, you may have money in your account which you wish to invest. Investing this money through Hargreaves Lansdown is easy.
- Buy more Royal Mail shares or the shares of other companies
The quickest and easiest way to deal - and lowest cost - is online.
- Choose a fund and let someone else make the day to day decisions
If you are looking for investment ideas we believe the Artemis Income Fund, which invests in companies like Royal Mail that pay a generous income, could make an excellent consideration. The fund currently pays a much higher income than most bank accounts and also offers the potential for capital growth. However, cash is guaranteed whereas stock market based investments like this fund do rise and fall in value. This means you could get back less than you invest, so please ensure you believe the fund meets your requirements and you are comfortable with the risks. You can read more about the fund in our latest research note, although this is not personal advice.
- Withdraw the unallocated cash
If you invested through our Fund & Share Account and/or ISA, but not our SIPP, you might prefer to withdraw the unallocated cash from your account. Before you withdraw from an ISA please remember that any cash withdrawn from an ISA will result in you losing that portion of your annual ISA allowance forever. With no tax to pay on any gains on your investment, and no further tax on income, your annual ISA allowance is a useful way of protecting your investments from tax.
If you have set up a Nominated Bank Account we will pay the money directly to your bank account. If not, then you can set up your Nominated Bank Account here.
- Decide later
If you are unsure what to do there is no need to decide straight away. One of the benefits of investing through Hargreaves Lansdown is that we offer almost every investment available to private investors, and you can also hold cash in your account while you decide where to invest.