Partnership share matching scheme December?

[wacko74]

The same rules apply as to the free shares, they're not 100% tax free until you've owned each batch for 5 years. Unless you're a good leaver.

thanks yes I thought it was 5 years

[james]

15/02/21

24 shares purchased @ £4.67 + 2 free.

Purchase value was £112.17 .

[tyl]

I noticed that this message has appeared at the top of the SIP webpage:

My SIP
Terms and Conditions
Please be aware that the Partnership and Matching Share Plan Terms and Conditions were updated in February 2021. The current version can be found in Quick links.

This document is available in quick links, but there is no date associated with it:

730_RMG_SIPApps_TandCs.pdf



Does anyone know if this is an old or the updated 'terms and conditions' for SIP? If these are the terms&c, what are the changes?

[tyl]

bump ^

[wandle]

Partnership & Matching scheme started in October 2018

So at the end of February 2021, the scheme has been running for 29 months.
Total amount invested so far has been £2,900
BUT because you don’t pay Income Tax or National Insurance on the deductions from pay, each monthly investment of £100 only costs you £68 of your take-home pay.

Cost to you: 29x68 = £1972

Shares allocated:
1,274 shares + 58 ‘matching’
= 1,332 shares

At a share price (now) of 500p

Your shares are now worth £6,660

[Alexei]

Your shares are now worth £6,660

Congratulations

Although it's a paper gain and still one year and seven months till you can fully realise the profits from the first purchase

My bad, actually 31 months to go

[james]

15/03/21 update.

Shares purchased was 19 at a price of £5.05 + 2 free per £100 monthly investment.

A grand total of 1293 shares purchased and 60 free since Oct. 2018.

[wandle]

Your shares are now worth £6,660

Congratulations

Although it's a paper gain and still one year and seven months till you can fully realise the profits from the first purchase

My bad, actually 31 months to go

Well of course it’s a paper gain. Just as it was looking like a huge paper loss, just under a year ago, when the price was in the doldrums at 139p

[Keso]

Hi, sorry if this is obvious but I can't for the life of me work out how to view a breakdown of how many shares have been bought each month.

This thread is full of people sharing rows of data like:

16/11/2020 - 42 bought,cost then = £114.54,value now = £146.83

I presume this is generated by the website, but how do you do that?

Cheers!

[james]

Keso,
Log into the royalmailemployeeshares website.
Click on my investments at the top.
Middle of the page,SIP shares,press view.
Near the bottom of the page,Partnership Shares,press this.
Change the date to 15/10/18 for a full breakdown.

Simple cut & paste for the rows of data but it takes 1 hour to edit.
James.

[Keso]

That's great thanks, I'll have a look when I get home.

Cheers!

Edit: Worked a treat, thanks.

[james]

The Equinti website just updated now for the April purchase.

15/04/2021 Share purchase was 18 @ £5.14 + 2 free per £100 monthly gross investment.

[james]

Complete breakdown of figures to date @ today's share price of £5.15.

(£100/monthly gross investment : £68 net over a 5 year holding period)

Oct. 18. 27 shares bought @ £3.41 now valued at £139.05

Nov. 18. 28 shares bought @ £3.28 now valued at £144.20

Dec.18. 38 shares bought @ £2.97 now valued at £195.70

Jan. 19. 34 shares bought @ £2.76 now valued at £175.10

Feb. 19. 33 shares bought @ £2.79 now valued at £169.95

Mar. 19. 35 shares bought @ £2.64 now valued at £180.25

Apr. 19. 43 shares bought @ £2.64 now valued at £221.45

May 19. 40 shares bought @ £2.34 now valued at £206.00

Jun.19. 56 shares bought @ £2.04 now valued at £288.40

Jul. 19. 43 shares bought @ £2.17 now valued at £221.45

Aug.19. 48 shares bought @ £1.91 now valued at £247.20

Sep.19. 51 shares bought @ £2.26 now valued at £262.65

Oct.19. 43 shares bought @ £2.13 now valued at £221.45

Nov. 19. 40 shares bought @ £2.30 now valued at £206.00

Dec. 19. 46 shares bought @ £2.49 now valued at £236.90

Jan. 20. 42 shares bought @ £2.22 now valued at £216.30

Feb. 20. 49 shares bought @ £1.85 now valued at £252.35

Mar. 20. 92 shares bought @ £1.27 now valued at £473.80

Apr. 20. 65 shares bought @ £1.40 now valued at £334.75

May 20. 53 shares bought @ £1.73 now valued at £272.95

Jun. 20. 66 shares bought @ £1.74 now valued at £339.90

Jul. 20. 52 shares bought @ £1.78 now valued at £267.80

Aug. 20. 54 shares bought @ £2.12 now valued at £278.10

Sep. 20. 40 shares bought @ £2.31 now valued at £206.00

Oct. 20. 39 shares bought @ £2.35 now valued at £200.85

Nov. 20. 42 shares bought @ £2.72 now valued at £216.30

Dec. 20. 27 shares bought @ £3.40 now valued at £139.05

Jan. 21. 24 shares bought @ £3.89 now valued at £123.60

Feb. 21. 24 shares bought @ £4.67 now valued at £123.60

Mar. 21 19 shares bought @ £5.05 now valued at £97.85

Apr. 21. 18 shares bought @ £5.14 now valued at £92.70

1311 shares purchased to date + 62 free.

[james]

May 2021 purchase updated this morning;

17/05/2021 Shares purchased was 22 @ £5.19 + 2 free per £100/gross monthly investment,£68/net over 5 years.

That's 1,333 shares purchased + 64 free since Oct.2018.

[james]

15/06/2021 update.

15 shares bought @ £5.90 + 2 free per £100/gross,£68 net monthly investment.

1348 shares bought + 66 free since October 2018.