at directory publisher Yell are each set to receive at least £600 when the
company floats on the London stock market next month.
firm employs around 7,500 staff and most are eligible for the payout as part of
the move, expected to raise around £750m.
staff who joined the firm after March this year are exempt from process.
120 senior managers could gain more than the basic payout as part of the deal
at the world’s fifth biggest directory operator.