In that e-mail was a share customer number, and a link to the Lloyds TSB registrars website, where shares could be sold, albeit on a conditional basis pending formal acceptance of Egg on to the stock market on 19 June.

BBC: Float scrambles Egg

Clorox rejected the proposal on the basis that it is highly conditional, undervalues the company, and is not credible.

FORBES: Icahn Exits Lionsgate; Clorox Reject Icahn Offer

Conditional offers are made before A levels are taken, on the basis of predicted grades.

ECONOMIST: University-entrance requirements: Shoot for the stars | The