Shares in Lloyds TSB

monkeyspanner

Flwriter wrote: »

If my local branch of Lloyds TSB is anything to go by, I would say they're going nowhere fast.

All our local branches have been pimped beyond recognition. Flat screen TV's and music like being in the middle of their TV ads. You can see why they want the money.

oap

Can anybody tell me what the rights issue in June cost, was it 34p or 37p, thanks, oap

monkeyspanner

oap wrote: »

Can anybody tell me what the rights issue in June cost, was it 34p or 37p, thanks, oap

Open Offer closed on 5/6/09 @ 38.43p
87% taken up balance of 13% placed in the market at 60p on 8/6/09.
Government holding after offer 43.4%.

This offer was underwritten by government who would have bought any shares not taken up. Government shareholding could have risen to a maximum of 65% but this was not required.