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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.
All news and discussion on Daniel Kretinsky's full takeover of Royal Mail.
dubbs73
Posts: 3
Joined: 20 Jan 2013, 20:21
Gender: Male

Shares..

Post by dubbs73 »

Hi

I've decided that i'm going to leave Royal mail after 8 years, It's changed so much since i started..I just don't like the way it's going and unfortunately can't see it getting any better..

Does anyone know if i get to hold on to my shares?

Thanks
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: Shares..

Post by fishtank »

No.
Only what the business terms good leavers get to keep their shares.
These are VR, IHR and those few who actually finish their sentence.
You are a bad leaver.
good times, bad times you know I've had my share
wabbithunta
Posts: 872
Joined: 03 Oct 2007, 18:39
Gender: Male
Location: On Planet Earth... Unlike the people who run RM!

Re: Shares..

Post by wabbithunta »

A bad leaver =

"Better to die on your feet than live a life time on your knees"
hammers67
Posts: 5
Joined: 05 Feb 2015, 18:25
Gender: Male

Re: Shares..

Post by hammers67 »

If you leave on your own accord or get sacked where do your shares go? Is there now a financial motive to out staff with shares ????
wandle
Posts: 944
Joined: 25 Feb 2011, 17:17
Gender: Male

Re: Shares..

Post by wandle »

hammers67 wrote:If you leave on your own accord or get sacked where do your shares go? Is there now a financial motive to out staff with shares ????
Get sacked, and you do lose entitlement to your Free Shares. The company does not 'receive' those shares, however. They would be held by the trustees, and presumably, when there are sufficient shares in the pot, they'll be allocated amongst remaining employees.
If you're suggesting RM might start sacking people just to pocket, what, £3368 ? (729x462p), you'd be daft. If they were motivated by financial savings, sacking a full-time would save them far more than that, in wages
5plusbonusball
Posts: 1136
Joined: 12 Jan 2012, 20:50
Gender: Male
Location: up north of watford

Re: Shares..

Post by 5plusbonusball »

"If they were motivated by financial savings, sacking a full-time would save them far more than that, in wages"
then sack the spare managers for bullying and wilful delay and they'll save £millions!
Why are lino's paid full-time ??