Simple question really - Can I sell whatever shares I am allocated if I am prepared to pay the tax & NI? One of the chaps in the Parliamentary Committee questioning Vince Cable seemed to indicate that we can, but not seen any formal answer on this. Share Incentive Plan regulations also seem to indicate that we may be able to instruct the Trustee to sell them (but I may have read that wrongly).
Who is the Trustee?
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Can I sell my shares before the 3 year deadline?
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Tiddler
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TrueBlueTerrier
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Re: Can I sell my shares before the 3 year deadline?
No. You must leave your Free Shares in the SIP for at least three years after they are given to you before you can take them out of the SIP or sell them, except in certain circumstances.
https://www.myroyalmail.com/news/nation ... tive-plans" onclick="window.open(this.href);return false;
Trustees - sorry no idea will try to find out
https://www.myroyalmail.com/news/nation ... tive-plans" onclick="window.open(this.href);return false;
Trustees - sorry no idea will try to find out
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barrowc
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Re: Can I sell my shares before the 3 year deadline?
Page 431 of the prospectus:
6. ROYAL MAIL SHARE INCENTIVE PLAN The Company will establish the Royal Mail Share Incentive Plan (the “Plan”) which will be constituted by a trust deed made between the Company and Equiniti Share Plan Trustees Limited as trustee (the “Trustee”).