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sell shares

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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eogre
Posts: 2
Joined: 18 Nov 2013, 08:42
Gender: Female

sell shares

Post by eogre »

allocated thru gov.uk with certain datelines for selling.
where can i find these please
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72559
Joined: 30 Dec 2006, 10:29
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Location: On my couch

Re: sell shares

Post by TrueBlueTerrier »

eogre wrote:allocated thru gov.uk with certain datelines for selling.
where can i find these please
all over this forum.

There are no deadline for selling them, rather the opposite you cant sell them for 3 years and even then there are tax implications, after 5 years there are none. Thats all based on them being staff issued shares not extra ones. The extra ones you can sell whenever you want.
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eogre
Posts: 2
Joined: 18 Nov 2013, 08:42
Gender: Female

Re: sell shares

Post by eogre »

my origonal post was re. charges to sell from gov.uk allocation
they did send out an email quoting flat rate fee to sell before a certain date and then a different rate after stock listed ?
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: sell shares

Post by RobertT »

Assuming we're talking about ones you've bought, the initial fee for selling RM shares was a minimum of £7.50 but that has now increased to a minimum of £17.50 assuming you sell online. Charges for telephone and postal selling are higher. A bit more info can be found here:

http://www.telegraph.co.uk/finance/pers ... riday.html" onclick="window.open(this.href);return false;
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wandle
Posts: 944
Joined: 25 Feb 2011, 17:17
Gender: Male

Re: sell shares

Post by wandle »

eogre wrote:my origonal post was re. charges to sell from gov.uk allocation
they did send out an email quoting flat rate fee to sell before a certain date and then a different rate after stock listed ?
Don't sell them through Equiniti.
Open a HSBC Invest direct account, and ask for a Stock Transfer form (or print one off, from their website). The transfer can take up to 6 weeks, but then you can sell them for a flat fee of £12.95, regardless of how many shares you hold.
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: sell shares

Post by RobertT »

Or you could transfer them to http://www.x-o.co.uk" onclick="window.open(this.href);return false; who only charge £5.95 per trade. Transfers out of Equiniti cost £10 I think so it's certainly something to consider.
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