These have a revenue share arrangement of up to 10 pence per minute.

That gave its offer a value of 50.1 pence for each Racal share.

The company reported a loss per share of 6.6 pence, the same as a year earlier.

Thomson said it was considering the offer of 130 pence a share.

Boy Recruit pay was 9d a day - the equivalent of 3 pence in today's money.

The 300-pence-a-share offer is below the current market price of 307 pence.

Registered players had to pay £1 with a fee of 10 pence per week.

The first coins were inscribed with a value of three pence.

The company said shareholders could buy one new share for every four they own, at a price of 155 pence ($2.43) each.

You must charge a minimum of 5 pence per bag.