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.
If this takeover happens if he gets between 75-90% then you have 14 days to sell your shares at £3.68 After that they could be worthless . If it's 90% then it's a compulsory buyout
We had this rumour circulating at my office. I told people do not listen to such utter nonsense.
Think about it for one second.
If HSBC made a bid for Lloyds, got more than half to accept (so they now had control of the company) and could then legally declare to remaining shareholders ‘ok, sell us your shares or they become null and void’, no serious investor would ever buy listed UK shares.
Assuming DK gets at least 75% acceptance, the company will be de-listed from the stock market. Which will mean they won't have to provide financial results in the same way as now and shares will have to be sold Over The Counter, making them more difficult to sell, resulting in lower prices because there won't be too many buyers, and maybe higher charges too.
Being a minority shareholder in a de-listed company isn't regarded as being a good place to be!
In my opinion DK will get 90%+ plus anyway and fully expect him to take up his option to compulsory purchase the rest.
Robert. The voting was paused and still has weeks to go once it eventually resumes and then there is the 14 day notice. My question to you is this.
Does the voting have to be played out to it's finish, or can it stop sooner with somehow 75% or more having accepted the vote before the official voting finish day.?
You seen If that is the case, then it's like the ballot boxes have been opened before the election is finished, but you will know more than me about how share votes work.
Once Romania have ticked their box to say yes(assuming they do), there will then be 28 days until the unconditional date, and as long there's no more hold ups and DK has at least 75%, the deal will go through.
I think the acceptances will be counted as they come in and as you can still say yes for at least 14 days after the unconditional date, I assume they will also count towards the overall numbers?
So in otherwords once the clock starts ticking there will be 6 weeks in which shareholders need to decide to either accept the offer or risk the shares being stuck in limbo. No mad rush to decide yet then.
No. There's never been a mad rush.
But as the takeover is expected to go through, personally I can't see any reason to leave it to the last minute. Unless you don't want to be one of the 75%+ needed.
The share price has been stagnant for a while, which suggests it's found its level and that most shareholders have either already accepted or plan to do so.
It hasn't even gone down in line with the recent falls on the stock market.
I don't think any sensible person would want to be in limbo and hold shares in a de-listed company.
I've just sold mine. Only lost around £70 on the £3.68 share price.
privately bought or bought/received inside one of the Employee incentive schemes?
If the latter were there any dealing charges to pay or any Tax implications?
I bought them through my wages when I was employed by RM. Left in 2024. No tax to pay just £25 commission. Had 1500 shares. Sold them Monday money was in my bank this morning.
If this takeover happens if he gets between 75-90% then you have 14 days to sell your shares at £3.68 After that they could be worthless . If it's 90% then it's a compulsory buyout
We had this rumour circulating at my office. I told people do not listen to such utter nonsense.
Think about it for one second.
If HSBC made a bid for Lloyds, got more than half to accept (so they now had control of the company) and could then legally declare to remaining shareholders ‘ok, sell us your shares or they become null and void’, no serious investor would ever buy listed UK shares.
Assuming DK gets at least 75% acceptance, the company will be de-listed from the stock market. Which will mean they won't have to provide financial results in the same way as now and shares will have to be sold Over The Counter, making them more difficult to sell, resulting in lower prices because there won't be too many buyers, and maybe higher charges too.
Being a minority shareholder in a de-listed company isn't regarded as being a good place to be!
In my opinion DK will get 90%+ plus anyway and fully expect him to take up his option to compulsory purchase the rest.
One has to assume there’s a reason Kretinskyy is deviating from his usual style and not content to remain as a holder of a minor stake in IDS, as with other investments in Sainsburys etc.
He clearly made his move because the USO is going to be less stringent, and the domestic financial position will turn from losses to profits. If IDS becomes much more profitable overall and coughs up dividends, minority shareholders would also get any dividends that Kretinskyy pays.
Yes they would be difficult to sell, but in a years time you could well see potential buyers prepared to pay more than the current price, for both reasons
I've just sold mine. Only lost around £70 on the £3.68 share price.
How did you manage to do that? The share price hasn't been above £1.20 all this year
Don't know what tf website I was looking at on my phone but the date checked out as current ??? I think it has something to do with the fact Royal Mail is now IDS and I had no idea they changed the name but just sold my holding of 3862 shares for £3.65 based on reading your comment so cheers! Glad that rollercoaster is over.
