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RBS Royal Bank Of Scotland Group Plc

120.90
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Royal Bank Of Scotland Group Plc LSE:RBS London Ordinary Share GB00B7T77214 ORD 100P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 120.90 121.35 121.40 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

RBS Raises GBP50.7 Million in Share Issue

16/07/2018 7:08pm

Dow Jones News


Royal Bank Of Scotland (LSE:RBS)
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By Carlo Martuscelli

 

Royal Bank of Scotland Group PLC (RBS.LN) said Monday that it issued around 50.7 million pounds ($67.1 million) worth of shares.

The U.K. bank said it issued 20 million new share at a price of 253.6 pence per share, which it based on the average market price of shares in the period since its first quarter results on April 27.

RBS said it issued the shares in order to offset the impact of coupon payments on discretionary hybrid capital from a Common Equity Tier 1 capital perspective.

 

--Write to Ian Walker at carlo.martuscelli@dowjones.com

 

(END) Dow Jones Newswires

July 16, 2018 13:53 ET (17:53 GMT)

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

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