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The last share allocation

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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windermeredave
EX ROYAL MAIL
Posts: 265
Joined: 08 Mar 2010, 13:37
Gender: Male

The last share allocation

Post by windermeredave »

Was hearing at work a few weeks back that they would be issued at the end of the financial year next month.
failing that I finish at the end of August.would like them before that. any inside info on when we may get them?
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

The last share allocation

Post by RobertT »

windermeredave wrote:Was hearing at work a few weeks back that they would be issued at the end of the financial year next month.
failing that I finish at the end of August.would like them before that. any inside info on when we may get them?
All the official info can be found here: http://www.royalmailchat.co.uk/communit ... 38&t=73244" onclick="window.open(this.href);return false;

The important bit being:
3.2 The Government’s intention is to dispose of shares to Royal Mail by March this year, thereby meeting the commitment made by the Chancellor in June 2015 to dispose of all of the Government’s remaining shareholding in this financial year. The shares will be held in trust and then awarded to employees during 2016.

There has been no announcements yet as to when we will actually receive them.
Links to all RM pension related websites are here