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Easyjet shares offered at £3.10 each

Report by John Lavabre

EASYJET has set a price of £3.10 per share for its London
Stock Exchange flotation.

This gives the airline a total value of around £777 million.

A total of 63 million shares, 25% of the company, are on offer
from today. The shares will not be offered to the general public until next
week to give the big financial institutions a chance to buy into the company.

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