Royal Mail chief exec opens trading on stock exchange

Royal Mail chief executive Moya Greene opened trading at the London Stock Exchange this morning, accompanied by Business Minister Michael Fallon and Treasury Chief Secretary Danny Alexander.

While shares have been trading informally since Friday when conditional trading began, today is the first day of unconditional dealing in Royal Mail stock.

Shares gained another 15p or 3%, making then almost 50% more valuable than the government's price tag last week.

Read: Strong start to trading as Royal Mail shares hit new high

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Royal Mail share prices soar

Royal Mail shares have soared after trading officially began on the London Stock Exchange.