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TSB Banking Group

  • Lloyds confirms float of TSB

    May 27, 2014

    Lloyds Banking Group has confirmed plans to sell 25 per cent of lender TSB sometime next month, with the prospectus set to be published in mid-June. The offer will be available to institutional investors and to intermediaries.  Retail investors will receive one free share for every 20 they buy, up to the value of £2,000, [...]

  • TSB plans to offer bonus shares to long-term investors

    May 27, 2014

    NEW HIGH street bank TSB is expected to try to attract more long-term investors by offering a bonus for those shareholders who stick with the business. The lender is being sold off by Lloyds, and the details of the stock market flotation could be announced as soon as today. It wants the initial public offering [...]

  • TSB plans to offer bonus shares to long-term investors

    May 27, 2014

    NEW HIGH street bank TSB is expected to try to attract more long-term investors by offering a bonus for those shareholders who stick with the business. The lender is being sold off by Lloyds, and the details of the stock market flotation could be announced as soon as today. It wants the initial public offering [...]

  • Shares in TSB for sale by end of June as Lloyds kicks off £1.5bn flotation

    May 1, 2014

    RETAIL investors will get a chance to buy shares in new high street bank TSB by the end of June, Lloyds said yesterday. The group is selling off the bank as part of the terms of its 2008 bailout. Up to 40 per cent of TSB is likely to be on offer in the first [...]

  • Retail investors to get TSB stake by end of June

    May 1, 2014

    LLOYDS will sell a chunk of as much as 40 per cent of spun-off bank TSB by the end of June, the state-backed bank revealed yesterday. Retail investors will be able to buy shares through brokers as part of the sale, as well as institutional investors. The final terms of the sale are being arranged [...]

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