I’ve tried to search the forum for this but can’t find a definitive answer.
When Royal Mail was privatised, how many shares were given to each employee? I’ve seen the number given as 613, 913 and 500.
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How many shares did you initially receive?
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HTPostman
- EX ROYAL MAIL
- Posts: 1500
- Joined: 01 Sep 2008, 23:53
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How many shares did you initially receive?
The day is gonna come when we’re all gonna have to testify.
526
526
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world class male
- Posts: 897
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Re: How many shares did you initially receive?
913 was the total amount given free to a ft worker (further shares were added later)
it would vary on the individual but pro rata for pt, but pt also got some added if overtime was worked 12 weeks prior to the share date being announced
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HTPostman
- EX ROYAL MAIL
- Posts: 1500
- Joined: 01 Sep 2008, 23:53
- Gender: Male
Re: How many shares did you initially receive?
Thank you very much.world class male wrote: ↑08 Dec 2021, 09:40913 was the total amount given free to a ft worker (further shares were added later)
it would vary on the individual but pro rata for pt, but pt also got some added if overtime was worked 12 weeks prior to the share date being announced
The day is gonna come when we’re all gonna have to testify.
526
526
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RobertT
- EX ROYAL MAIL
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Re: How many shares did you initially receive?
The allocation for full timers was:
15th October 2013 - 613
9th April 2014 - 116
5th October 2015 - 103
6th October 2016 - 81
Total - 913
15th October 2013 - 613
9th April 2014 - 116
5th October 2015 - 103
6th October 2016 - 81
Total - 913
Links to all RM pension related websites are here
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HTPostman
- EX ROYAL MAIL
- Posts: 1500
- Joined: 01 Sep 2008, 23:53
- Gender: Male
Re: How many shares did you initially receive?
Thank you.
The day is gonna come when we’re all gonna have to testify.
526
526