Royal Mail's share price has continued to climb since conditional trading began on the London Stock Exchange on Friday (11 October).

Share prices began at 330p at 8am on Friday morning, but had soared to 455p by the end of the day. Over 224.5 million shares were traded on the opening day.

The share price has also continued to rise this week, reaching 475p and 489p when trading closed on Monday and Tuesday respectively.

Yesterday (15 October), full trading on the London Stock Exchange began under the 'RMG' ticker.

Chief executive Moya Greene said: “This marks the exciting next phase in our company's long and proud history. With the support of our new shareholders, we are in a strong position to move forward, to compete effectively across our markets and to grow our business.”

Chairman Donald Brydon said: “I look forward to working with all our stakeholders now that we are a listed company where employees, institutions and private individuals all have a stake in the success of the business.”

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