Retail investors will be able to buy Direct Line Group (DLG) Shares online when RBS sells its insurance arm as part an IPO. The Direct Line Group IPO is expected to be one of the biggest this year, and the brand encompasses both Green Flag and Churchill Insurance.
While it is expected that the majority of shares will be offered to institutional investors, it has been revealed that there will also be some allocation of shares available to retail shareholders.
These Direct Line Group Shares will be available to buy online from a number of online stockbrokers.
Some analysts believe that the company could be valued within the region of £3bn or £4bn when it floats.