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Final price for 1st day sales

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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Theghost
EX ROYAL MAIL
Posts: 417
Joined: 17 Mar 2009, 16:44
Gender: Male

Final price for 1st day sales

Post by Theghost »

The shares opened up at 496.90 and closed at 486.55.
Those who have sold were told to expect the "average price" so in the middle,So looking at £4.91p per share give or take pence.
If you sold the full 613 then you are talking after the 32% deductions and equinity fee a return of approximatley £2000.
Not sure when it will be paid into wages,I have heard numerous dates of the 21st 28th and 4th November,Dont blow it all on fireworks.
koolishy67
Posts: 665
Joined: 04 Nov 2010, 21:02
Gender: Male

Final price for 1st day sales

Post by koolishy67 »

Didn't sold today will keep it till 2018
maddog99
Posts: 5
Joined: 20 Apr 2012, 14:08
Gender: Male

Final price for 1st day sales

Post by maddog99 »

Go onto London stock exchange website there was 1 million shares sold at a negotiated price of 4.87p
Am presuming them are our shares. Going off that price am happy with give or take 2k
Burgh
Posts: 22
Joined: 09 Jul 2013, 13:41
Gender: Male

Final price for 1st day sales

Post by Burgh »

Theghost wrote:The shares opened up at 496.90 and closed at 486.55.
Those who have sold were told to expect the "average price" so in the middle,So looking at £4.91p per share give or take pence.
If you sold the full 613 then you are talking after the 32% deductions and equinity fee a return of approximatley £2000.
Not sure when it will be paid into wages,I have heard numerous dates of the 21st 28th and 4th November,Dont blow it all on fireworks.
they said on the phone it will be put in the payroll.either this week or next if it missed it today ..
maddog99
Posts: 5
Joined: 20 Apr 2012, 14:08
Gender: Male

Final price for 1st day sales

Post by maddog99 »

Hope it this week. At races on Saturday. If so drinking champagne and pretending am a hi roller for a day ha
spen
Posts: 529
Joined: 18 Jan 2011, 19:53
Gender: Male

Final price for 1st day sales

Post by spen »

Dont think it goes in your wages,, they send you a cheque
Alcrogib
Posts: 6
Joined: 04 Feb 2014, 20:10
Gender: Male

Final price for 1st day sales

Post by Alcrogib »

No it goes through your wages because you have to pay tax and national insurance.
Theghost
EX ROYAL MAIL
Posts: 417
Joined: 17 Mar 2009, 16:44
Gender: Male

Final price for 1st day sales

Post by Theghost »

spen wrote:Dont think it goes in your wages,, they send you a cheque
100% goes in your wages
1969tonka
PARCELFORCE
Posts: 98
Joined: 10 Aug 2010, 17:09
Gender: Male

Final price for 1st day sales

Post by 1969tonka »

Not hearing much from the people who predicted the stock would crash once they all came up for sale today (there was a slight fall of 10p but the market as a whole was slightly down)
nickbsmooth
Posts: 279
Joined: 25 Jan 2013, 14:19
Gender: Male
Location: South East

Final price for 1st day sales

Post by nickbsmooth »

If people are happy to gift the taxman and effectively get £3:31 a share after deductions that's all that matters,it's all good
comeracing
Posts: 805
Joined: 28 Nov 2010, 20:58
Gender: Male

Final price for 1st day sales

Post by comeracing »

nickbsmooth wrote:If people are happy to gift the taxman and effectively get £3:31 a share after deductions that's all that matters,it's all good
fully agree :arrrghhh
Stammerking
Posts: 208
Joined: 09 Dec 2007, 20:58

Final price for 1st day sales

Post by Stammerking »

Who do you notify if you want to sell your shares?
gazza911
Posts: 9
Joined: 09 Jan 2012, 20:47
Gender: Male

Final price for 1st day sales

Post by gazza911 »

we will be given the share price that they where 3 years ago or lower depends on market this goes through wages dept and anything above that price will be issused as a chq or bac transfare if you sell them
Jambomatt1874
Posts: 168
Joined: 30 Mar 2010, 19:26
Gender: Male

Final price for 1st day sales

Post by Jambomatt1874 »

So when is confirmation expected?
gazza911
Posts: 9
Joined: 09 Jan 2012, 20:47
Gender: Male

Final price for 1st day sales

Post by gazza911 »

as far as im aware after friday