Colleague Shares

[POSTMAN]

http://www.royalmailgroup.com/portal/rm ... d=79700739" onclick="window.open(this.href);return false;

Royal Mail Group faces a challenging future. Transforming the Company into really competitive and successful businesses (Royal Mail, Post Office Ltd and Parcelforce Worldwide) requires major commitment from everyone. As a mark of Royal Mail Group’s commitment, we launched the “ColleagueShare Plan” in May 2007. Through the course of the Plan, ColleagueShares worth a total of 20% of the estimated value of Company will be given out. This means that over the five-year life of the Plan, ColleagueShares and Stakeholder Dividends combined could be worth as much as £5,300*.

When the plan was launched in 2007 ColleagueShares were initially valued at £1, by 2008 the value of the Company has risen to £1.63 a 63% increase, and in May 2008 full time employees received an initial £800 stakeholder dividend payment for meeting targets across the business (pro-rata for part-timers and new joiners). The increase in value of ColleagueShares has been attributable to implementing the difficult decisions we have had to make, and through recognising the success of changes that are beginning to transform our businesses.


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* depending on when you joined the company will determine what number of ColleagueShares could be issued to you before the end of the plan in 2012. Part-time employees will receive pro-rata awards.

[BELIAL]

Can we have a pissing yourself laughing smilie please

[TrueBlueTerrier]

Can we have a pissing yourself laughing smilie please

[smokerjim]

I'm just thinking ( and excuse my naievety ), but if we have phantom shares, in RM, surely there shouldn't be a sell off to TNT - or is the whole phantom bit totally disconnected & are we going to get a bigger divi, cos there's going to be more money in the business ( cheers TNT for bumping up the wedge - now sod off back to your coffee house! - I can dream lol )

[bogstandard]

the value of the shares must have rocketed since there is now no more pension deficit...........

[POSTMAN]

Made this a stickie,give the site search engine a rest.