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Royal Mail chiefs apply for 500k of extra shares

The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
All news and discussion on Daniel Kretinsky's full takeover of Royal Mail.
zootmartian
MAIL CENTRES/PROCESSING
Posts: 11
Joined: 03 Sep 2010, 11:53
Gender: Male

Re: Royal Mail chiefs apply for 500k of extra shares

Post by zootmartian »

k979aaa wrote:
biscuit1957 wrote:
cloherty1976 wrote:
Shambles wrote:
Budfrog wrote:
biscuit1957 wrote:Looking at whats happening now, there was a limit to the amount of shares you could apply for,£750 up to £10,000.(but nobody knew this at the time)If you applied for more, say £10,001 you get f**k all,so hopefully all those bastards at the top who where hoping to make a killing will have to kiss my arse :dance
There could be some very unhappy faces at the next senior meeting of the management board of RM ... unless of course Cable/Osbourne tipped them off or struck a deal :silenced
Wouldn't that, if it were true :left: be unethical....of Mr. V C and Mr. O.... :hmmmm
Have you got your facts rights. Not sure you have if you applied via Royal Mail I think you still get £10000
Is that right, then because we had priority we could have had as many shares as we wanted?
No it was £10,000 or anything above you went into the private pot (piss pot)
Yeah, definitely a £10k limit for employee priority whether you are an executive or a 20 hour a week part time sorter like me, anything above would have been knocked back same as the public, so I would suspect Moya and others at the top find themselves with just £10,750 worth of shares.
I have my £10k worth of shares and will be poised to buy more on the open market when it all kicks off tomorrow.
cloherty1976
MAIL CENTRES/PROCESSING
Posts: 1236
Joined: 11 Mar 2010, 12:16
Gender: Male
Location: The south

Re: Royal Mail chiefs apply for 500k of extra shares

Post by cloherty1976 »

zootmartian wrote:
I have my £10k worth of shares and will be poised to buy more on the open market when it all kicks off tomorrow.
Sensible investment in my opinion and will be doing the same as you.
wabbithunta
Posts: 872
Joined: 03 Oct 2007, 18:39
Gender: Male
Location: On Planet Earth... Unlike the people who run RM!

Re: Royal Mail chiefs apply for 500k of extra shares

Post by wabbithunta »

Shambles wrote:
Budfrog wrote:
biscuit1957 wrote:Looking at whats happening now, there was a limit to the amount of shares you could apply for,£750 up to £10,000.(but nobody knew this at the time)If you applied for more, say £10,001 you get f**k all,so hopefully all those bastards at the top who where hoping to make a killing will have to kiss my arse :dance
There could be some very unhappy faces at the next senior meeting of the management board of RM ... unless of course Cable/Osbourne tipped them off or struck a deal :silenced
Wouldn't that, if it were true :left: be unethical....of Mr. V C and Mr. O.... :hmmmm
You are not suggesting that they would stoop to "insider trading" are you? :wink:
That would be most unethical of those at the top... :whistle :cuppa
"Better to die on your feet than live a life time on your knees"