BIS:ROYAL MAIL SHARE OFFER ANNOUNCEMENT

[POSTMAN]

http://forms.bis.gov.uk/royalmail/royal ... fer-price/" onclick="window.open(this.href);return false;

[24601]

So if as reported Moya and her cronies applied for half a million how many will they get ???????

[mandelsons_toenail]

160,000 shares? Ish

[POSTMAN]

So if as reported Moya and her cronies applied for half a million how many will they get ???????

those who wanted more than £10,000 worth have been dealt a heavy blow and will receive none at all.

Read more: http://www.thisismoney.co.uk/money/inve" onclick="window.open(this.href);return false; ... z2hL9VmFEr
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But,
All valid applications by Eligible Employees will be satisfied in full up to a total number of Shares worth £10,000 at the Offer Price.

[shepherdess]

She will get the £10000 and probably £750 extra as it states

[bensonhedge]

The initial market value of the 10 per cent. stake in Royal Mail which is being made available free to eligible employees will be based on the closing mid-price at the end of the trading day on 15 October 2013. Why dont we receive the shares at the price of 330p price they are been sold at? Surely the closing price at the end of trading will be much higher? Sounds like another con!

[Shambles]

Did anyone else hear a penny drop just then?

[k979aaa]

The initial market value of the 10 per cent. stake in Royal Mail which is being made available free to eligible employees will be based on the closing mid-price at the end of the trading day on 15 October 2013. Why dont we receive the shares at the price of 330p price they are been sold at? Surely the closing price at the end of trading will be much higher? Sounds like another con!

Colleague Share's mark two? If I was head of the CWU I would have four torpedo's loaded and sink this unholy ship of fools at first floatation rescue the crew and damn the rest.

[OnAFlyer]

My understanding is we get 10% of the shares. So that's 330 million shares between us, the value when we get them is irrelevant because we still receive the same number of shares each whether they are £2 or £20.

[k979aaa]

My understanding is we get 10% of the shares. So that's 330 million shares between us, the value when we get them is irrelevant because we still receive the same number of shares each whether they are £2 or £20.

NO you are wrong did you not read the prospectus?

[OnAFlyer]

My understanding is we get 10% of the shares. So that's 330 million shares between us, the value when we get them is irrelevant because we still receive the same number of shares each whether they are £2 or £20.

NO you are wrong did you not read the prospectus?

Yes, and all I read is 10% of the shares will be given to employees as it says all over the myroyalmail site.

Can you post up the section you're referring to please?

[24601]

330 million divided between 150,000 of us comes to shares worth £7,260. Can't be right

[aposter]

The initial market value of the 10 per cent. stake in Royal Mail which is being made available free to eligible employees will be based on the closing mid-price at the end of the trading day on 15 October 2013. Why dont we receive the shares at the price of 330p price they are been sold at? Surely the closing price at the end of trading will be much higher? Sounds like another con!

They are giving us 10% of the shares ie 100,160,000 to share between us. We still receive the same number of shares wether they are valued at 50p or £50

"Number of Ordinary Shares to be transferred by the Selling Shareholder to the trustee of the Royal Mail Share Incentive Plan(2)

100,160,000"

[k979aaa]

My understanding is we get 10% of the shares. So that's 330 million shares between us, the value when we get them is irrelevant because we still receive the same number of shares each whether they are £2 or £20.

NO you are wrong did you not read the prospectus?

Yes, and all I read is 10% of the shares will be given to employees as it says all over the myroyalmail site.

Can you post up the section you're referring to please?

You want me to read 445 pages for you? Maybe I could do half your walk? No wonder your OnAflyer do your own home work.

[24601]

The initial market value of the 10 per cent. stake in Royal Mail which is being made available free to eligible employees will be based on the closing mid-price at the end of the trading day on 15 October 2013. Why dont we receive the shares at the price of 330p price they are been sold at? Surely the closing price at the end of trading will be much higher? Sounds like another con!

They are giving us 10% of the shares ie 100,160,000 to share between us. We still receive the same number of shares wether they are valued at 50p or £50

"Number of Ordinary Shares to be transferred by the Selling Shareholder to the trustee of the Royal Mail Share Incentive Plan(2)

100,160,000"

So they're be worth about £2,200 when we get tem and bugger all in 3 years time - unless Richard Branson makes us an offer we can't refuse.Virgin Mail - got a ring to it