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Saye change mind

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.
swoosta
Posts: 166
Joined: 08 Oct 2007, 00:19
Gender: Male
Location: London

Saye change mind

Post by swoosta »

If I have changed my mind on what to do with my Saye money can I change my choice and when will I get the money in my pocket?
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Saye change mind

Post by RobertT »

swoosta wrote:If I have changed my mind on what to do with my Saye money can I change my choice
You should be able to login to your royalmailemployeeshares account and change your choice there, otherwise phone them.
and when will I get the money in my pocket?
That would depend what you’re changing your choice to!
Links to all RM pension related websites are here
DiamondSmiles
Posts: 498
Joined: 05 Feb 2009, 20:03
Gender: Male

Saye change mind

Post by DiamondSmiles »

It is interesting to see how much the share price has jumped in the last two weeks (now 4.38 as i write this).

I did put in for getting more shares, but i really wonder whether buying then selling and getting a £400+ profit might be the way to go now.. :hmmmm
deltaforce
Posts: 778
Joined: 01 Jan 2009, 15:29
Gender: Male

Saye change mind

Post by deltaforce »

Reading the booklet,it says they process your choices every Friday of the following week. Not very good if the price nose dives meanwhile.
swoosta
Posts: 166
Joined: 08 Oct 2007, 00:19
Gender: Male
Location: London

Saye change mind

Post by swoosta »

If the union announces the talks have broken down they will fall loads - will that be in the next few weeks