Shares in TSB will be available to members of the public via intermediaries, as well as institutional investors.
Lloyds Banking Group said the retail offering will contain an incentive allowing each retail investor to receive one free share for every 20 shares acquired up to the value of £2,000 and kept for a year after the float.
More top news
There are hundreds of thousands of jobs at risk if the UK's steel industry collapses, Excalibur's CEO Stuart Wilkie has told ITV News.
Birmingham children's services is under the spotlight again after the death of the toddler at the hands of her legal guardian.
A chilly evening and night with clear skies and tomorrow a little more cloud through Scotland and Northern Ireland again.