The British government will continue selling Lloyds Banking Group Plc shares as trading plan is extended until mid-2016.
According to the UK Financial Investments Ltd, the plan, which was extended in June, will conclude before the UK government begins selling shares to individuals.
The government sold approximately €11.2 billion ($17 billion) of ordinary shares at an average price of more than 81 pence.
Chancellor of the Exchequer George Osborne has vowed to offer Lloyds shares to individuals at a discounted rate as the United Kingdom seeks to fully exit its shares in the bank.
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