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SAYE Help

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.
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NarkedPostie
Posts: 1
Joined: 28 Apr 2015, 17:05
Gender: Male

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Post by NarkedPostie »

So my plan is to buy my shares and have them added to my account.

It was always my intention to sell them in a few short months and take whatever profit I can get.

I've got no idea about shares in general and I just wanted to know if I have to pay anything to sell them? (say in 6 months)

I know it mentions a 0.5% charge (minimum of £17.50)for other options but is that the case here too (it doesn't mention it in the booklet)
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

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Post by RobertT »

You will have to pay dealing costs when you sell your SAYE shares, but you're right that it doesn't say how much it will cost when selling via the RM nominee account.
Although it says on the royalmailemployeeshares/Equiniti website that dealing starts at £15.
Links to all RM pension related websites are here