Share price means employee’s annual limit might be exceeded

[DB1100]

Doesn't matter for the part timers,we won't get over £3000 worth.

It does although I'm not sure why unless the limit is also pro-rata.

Eligible part-time employees will also receive their Free Shares in two allocations.

If a full timer gets 39 hrs worth of shares and this takes him a couple of hundred quid over 3000,a part timer getting 30 hrs worth will be under £3000 and our unfortunate colleagues on 20 hr contracts will do even worse off,pro rata my arse everybody should get the same as long as you qualify,I had every intention of telling them to shove them where the sun don't shine but common sense says take the money it might be able to buy some new kneecaps in a few years.

[wandle]

I reckon and it's just a punt that a full-time allocation will be around 700 shares.
At the moment that would value the allocation at around £3,360.
They could hold back around 100 shares until next april.

Based on a closing price of 489p, they could allocate 613 of that 700 this tax year:
613 x £4.89 = £2997.57, the closest they could get without breaching the £3k limit

Ha! Seems I was bang on!