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NWG Natwest Group Plc

313.30
1.30 (0.42%)
Last Updated: 13:25:45
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Natwest Group Plc LSE:NWG London Ordinary Share GB00BM8PJY71 ORD 107.69P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.30 0.42% 313.30 313.30 313.40 314.60 310.80 312.30 5,253,181 13:25:45
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 14.77B 4.64B 0.5271 5.94 27.55B

Royal Bank of Scotland Raises GBP85 Million via Subscription

17/04/2018 7:08pm

Dow Jones News


Natwest (LSE:NWG)
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By Dimitrios Kontos

 

Royal Bank of Scotland Group PLC (RBS) said Tuesday that it has raised approximately 85 million pounds ($121.5 million) via a share subscription.

The majority U.K. state-owned bank said that it will use the funds to partly neutralize the impact of 2018 coupon payments on discretionary hybrid capital, as it had stated with the announcement of its 2017 results.

The company issued approximately 32.5 million new ordinary shares at a subscription price of 261.7265 pence each, it said.

The subscription price was determined by the average market price since Feb. 23, the company said.

 

Write to Dimitrios Kontos at dimitrios.kontos@dowjones.com

 

(END) Dow Jones Newswires

April 17, 2018 13:53 ET (17:53 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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