Subject	Predicate	Object
Mm3gCsXb	a	Resource
		Answer
		Written answer
	answer has question	HTIaxkfs
	answer has answering person	Michael Fallon
	answer text	<p>In total the underwriting banks are entitled to a maximum fee of 1.2% of the IPO proceeds, or £16.9 million. That maximum includes a discretionary fee of £4.2 million. No decision has been made on payment of this discretionary fee. The actual fees will be finalised shortly. Lazard will receive £1.5 million, as the Government's independent adviser on the Royal Mail transaction.</p>
	answer given date	2013-11-18
	answer has answering body	Department for Business, Innovation and Skills
	written answer has answering body	Department for Business, Innovation and Skills
Department for Business, Innovation and Skills	answering body has written answer	Mm3gCsXb
Department for Business, Innovation and Skills	answering body has answer	Mm3gCsXb
HTIaxkfs	question has answer	Mm3gCsXb
Michael Fallon	answering person has answer	Mm3gCsXb