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Hays staff set for special share deal

5th October 1989, Page 14
5th October 1989
Page 14
Page 14, 5th October 1989 — Hays staff set for special share deal
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Which of the following most accurately describes the problem?

• Business services group Hays, which came on the Stock Market last week, has earmarked £2 million of shares for its employees. The 60% of staff expected to take up the offer will be given one free share for each one they buy.

ln the three days since Hays opened its information line it received 1,500 calls for prospectuses and 1,000 requests from private client brokers. It would like private investors to buy shares, as well as the institutions which have already shown interest.