The initial share offer was for shares at a cost of $1.00 with 50% deferred for 12 months.

That's well below the original $31 per share offer.

Investment institutions have been reluctant to underwrite the share offer.

The 200,000 share offer were oversubscribed and closed at $16.50 per share.

The Co-operative invited members through a public share offer, launched in June 2012.

The Bank's fixed share offer closed in March.

The group left the market with a 233p share offer valuing it at Pounds 77.4m.

By the spring of 2007, the firm completed a closed share offer resulting in approximately 60 shareholders.

Many in the public took advantage of share offers, although many sold their shares immediately for a quick profit.

Should you take up Lloyds' share offer?