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Shares what options if leaving ?

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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Meloned1
Posts: 31
Joined: 19 Apr 2015, 07:02
Gender: Male

Shares what options if leaving ?

Post by Meloned1 »

I have the full allocation of free shares and I have been buying shares through my wages since the scheme began, I have been pondering leaving Royal Mail for the past few weeks and was wondering what are my options , I’ve seen plenty of people saying that you have to sell them within either a month or two ?
I would personally prefer to keep hold of them and wait until the sale if it goes ahead as the price would be higher. Cheers for any advice on this matter :thumbup
RobertT
EX ROYAL MAIL
Posts: 6548
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Shares what options if leaving ?

Post by RobertT »

Equiniti wrote to me a few weeks after I left giving me the option to either transfer the free shares to a RM nominee account, transfer out to my own arrangement, or sell.
It's not possible to keep them in the SIP.

I can't really comment on the P&M shares because I didn't buy any, but all the info is here: https://www.myroyalmail.com/PartnershipandMatching
Links to all RM pension related websites are here
Meloned1
Posts: 31
Joined: 19 Apr 2015, 07:02
Gender: Male

Re: Shares what options if leaving ?

Post by Meloned1 »

RobertT wrote:
27 Jun 2024, 09:37
Equiniti wrote to me a few weeks after I left giving me the option to either transfer the free shares to a RM nominee account, transfer out to my own arrangement, or sell.
It's not possible to keep them in the SIP.

I can't really comment on the P&M shares because I didn't buy any, but all the info is here: https://www.myroyalmail.com/PartnershipandMatching
Thank you RobertT , I will take a look at the information cheers :thumbup