More free shares handed out to Simon & Co.

[HTPostman]

As of 16.20 today Royal Mail share price was 261.40
Simon Thompson received 299,202 shares

£782,114 in free shares

Snout well and truly in the trough

With the dividend due soon (which is 13.30p on 06/09/2022) how much this guy getting now ?

From what i have worked out just on the above is around £250k - that cant be right ?

Cut off date to receive the dividend was late July so thankfully they won’t receive any dividend on the latest farcical share giveaway.

[Cucumber]

I understand people being annoyed about this, but I'm more concerned that's it's the actions of people looking to benefit from a fast approaching sell off.

[enskied]

Simon is doing a great job and should be rightly rewarded for his efforts.

I don't honesty know which back pocket he's getting his money from, because there's no in royal mail.

If only Moya Greene hadn't put such a big wad in her purse.

[Dexydog]

Is this why the share price bombed yesterday?
More shares=they are worth less??
Notice,however, back up 2% today.
I really don't know how the stock market works- but how can someone in charge of the company decide that 3 of them get almost 1 million shares between them just like that???
Honestly don't get how that can be even legal, never mind the morality of it in the current circumstances.
I mean, if I had shares in a company, and that company's head gave away that many shares which resulted in my shares being worth less overnight- how on earth can that be allowed to happen?

[daveyeff]

i wonder if someone points this out to the c**t on that workplace forum.....he'll probably have an answer ready though

[Cucumber]

There is just short of a billion shares in RM. No extra ones have been created as there hasn't been another share issue.

[Hyrrokkin]

He is just another thieving parasite pig in the trough shyster spiv...like the rest of them

[Jack1960]

Are they actually free shares dished out to cash in whenever ?

[BigSacks]

Maybe they’ll have to wait 3-5 years to be able to sell them, the price will drop and then they’ll be told at the last minute they’re not allowed to.

Or is that just us mugs?

[Numberone63]

Are they actually free shares dished out to cash in whenever ?

I searched and found the documents online. They can’t cash them until 2025.

[POSTMAN]

shares.jpg

[Kenfandango]

"if you tank the shares you'll be out of pocket when you sell them all to Russians"

[DirtyHarry]

If it looks like corruption.
Feels like corruption.
Sounds like corruption.

Chances are.......

[Skuse]

What a revolting bunch of people they are. I genuinely feeling disgusted at the thought of them. The only bit of warmth I get from this is that they are only human and one day they too will die and perhaps have a more extravagant headstone than the rest of us mere peasants. But non the less death will come to them and that does give me some comfort.

Brilliant comment

[wrongturn]

!