Leaving RM shares

[wazer]

Leaving RM after 9yrs. Any ideas how I go about cashing my shares in.Do I sell them on not sure wot to do.Think I roughly have £1000 worth.cheers

[qwerty2]

You can keep when you leave
Don’t sell them now wait till they go over £5 again then sell
Get some money out of these gits

[RobertT]

Leaving RM after 9yrs. Any ideas how I go about cashing my shares in.Do I sell them on not sure wot to do.Think I roughly have £1000 worth.cheers

When you leave, your free shares need to be taken out of the Share Incentive Plan(SIP).

Equiniti should write to you within a few weeks of your last day giving you 2 options:

1. Sell your shares.
2. Transfer them to a nominee account with them or to another broker/provider.

No tax or NIC's should be payable on the free shares because they've all passed their 5 year anniversary.

But you may lose some cash to the taxman on any Partnership & Matching shares you've bought, as well as some of the matching shares themselves, depending on how long you've held them and whether you're a 'good leaver' or not.