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Posted on: May 27, 2014, 5:37 p.m.
Retail investors who subscribe to TSB’s flotation will be given one free share for every 20 shares they acquire and hold for at least a year. Mr Pester said he would expect 15-20 per cent of the first tranche of shares to be offered to retail investors. Full investment news articleRelevent to this post: Lloyds Bank Corporate Markets Financial Times,