What's your decision? SAYE scheme coming to maturity on December 1st

A2B · Post by **A2B** » 21 Nov 2017, 18:36

I can't do anything at the moment as my Equiniti account has been locked because of inactivity! I've had to register again and am now waiting for the activation code which obviously won't reach me before the 24th

Jupitor5 · Post by **Jupitor5** » 21 Nov 2017, 21:08

I've decided to sell my shares at price and take the repayment. I could only save £6:00 a week due to restrictions, so it's not like I can gain a massive amount if I held onto them. Selling them now just gives me a few extra quid for prezzies and money beer tokens on the works do!!

mightymetro · Post by **mightymetro** » 22 Nov 2017, 18:18

Speaking to the helpline today , I had asked for my savings to be repaid after maturity , the lady on the phone said if I sent the money back once it had been repaid to me I could have the option to purchase shares for up to six months after maturity ???

Does this seem correct ?

Post by **RobertT** » 22 Nov 2017, 19:53

mightymetro wrote:Speaking to the helpline today , I had asked for my savings to be repaid after maturity , the lady on the phone said if I sent the money back once it had been repaid to me I could have the option to purchase shares for up to six months after maturity ???

Does this seem correct ?

No that's wrong!

Glenno · Post by **Glenno** » 23 Nov 2017, 19:47

If you decide to sell these SAYE shares, what would it be, the price that you agreed to sell, or the price on the 1/12/17, as there seems to be a bit of confusion over this in my area, many thanks

Post by **RobertT** » 23 Nov 2017, 20:19

Glenno wrote:If you decide to sell these SAYE shares, what would it be, the price that you agreed to sell, or the price on the 1/12/17, as there seems to be a bit of confusion over this in my area, many thanks

You'll be buying at the option price of £3.60 per share and selling at whatever the price is on the day you decide to sell.