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SAYE application dates

22 Jan 2017, 14:16

rambo1 wrote:Buy from dec1st this yr then. Gotta be quick to get for the ex div date, usually first week of Dec. If that's what you want.


Any dividend will be pro-rata dependant on how long you've held them surely? Otherwise you could buy 40k of shares hold them for a week and cash the dividend. :crazy:

SAYE application dates

22 Jan 2017, 15:25

norm wrote:
rambo1 wrote:Buy from dec1st this yr then. Gotta be quick to get for the ex div date, usually first week of Dec. If that's what you want.


Any dividend will be pro-rata dependant on how long you've held them surely? Otherwise you could buy 40k of shares hold them for a week and cash the dividend. :crazy:



No you just have to hold the shares on a given date and you get so much £0.00 per share.

SAYE application dates

22 Jan 2017, 17:59

Correct, hold shares on day before ex dividend day and you will get div amount x number of shares you own. You're free to sell after ex div day and you will have the next div when it is paid. Be aware that the share price usually drops by the dividend amount on ex div day though normally unless there's any adverse news, it will recover in a fairly short time.

SAYE application dates:1 September 2014 - 1 December 2017

04 Mar 2017, 16:22

If you resign from Royal Mail this year do you lose the opportunity to purchase the shares in December? Also, do you have to sell your existing Royal Mail shares if you resign, or can you hold on to them in another job?

SAYE application dates:1 September 2014 - 1 December 2017

04 Mar 2017, 19:56

thelittlesthobo wrote:If you resign from Royal Mail this year do you lose the opportunity to purchase the shares in December? Also, do you have to sell your existing Royal Mail shares if you resign, or can you hold on to them in another job?


From the SAYE Page

You will lose the option to buy shares at the option price. However you can either:

1. withdraw your savings immediately; or

2. carry on saving until the end of the savings term.


On the shares, the ones that have matured I believe you will be contacted by Equiniti who give you the options available and you chose, its either cash in (paying tax and NI) or transfer I believe.

The other shares that have not yet passed their 3 year anniversary since issue - you lose.

SAYE application dates:1 September 2014 - 1 December 2017

01 Jun 2017, 13:35

Who do you get in touch with regarding saye payments still coming off youre wages each week even though its cancelled?

SAYE application dates:1 September 2014 - 1 December 2017

05 Jul 2017, 20:56

I gather saye weekly payment finished on 31st July. and I can't do anything until December 1st then I can buy the shares and sell it ? am I right

SAYE application dates:1 September 2014 - 1 December 2017

05 Jul 2017, 22:52

Darren Bent wrote:I gather saye weekly payment finished on 31st July. and I can't do anything until December 1st then I can buy the shares and sell it ? am I right
yes

SAYE application dates:1 September 2014 - 1 December 2017

01 Aug 2017, 19:29

From this week no more paying towards this?.

SAYE application dates:1 September 2014 - 1 December 2017

03 Aug 2017, 09:10

Just got my wage slip and £14:75 is still coming out, is this week the final week ?

SAYE application dates:1 September 2014 - 1 December 2017

03 Aug 2017, 09:29

Phoned HR up, i'm not the first person this morning to ask the same question, HR said the payments will stop at the end of the year (November/December) time .

But the Royal Mail website says w/c 31 July the payments for weekly paid staff will stop ?

SAYE application dates:1 September 2014 - 1 December 2017

03 Aug 2017, 10:22

This week(w.c 31/7/17) should be the last week of contributions for weekly paid staff unless you’ve taken a payment holiday. If RM's HR department don't know how their own SAYE scheme works, then that just about sums up this company!

Details in the SAYE guide here: https://www.myroyalmail.com/saye

We’ll have to wait & see whether more is taken out next week.

Monthly paid staff will make SAYE payments until 31st October.

We can exercise our option to buy shares from 1st December 2017.

SAYE application dates:1 September 2014 - 1 December 2017

03 Aug 2017, 10:59

Weekly paid staff save for 144 weeks, this week is the 144th week, so the payments should stop next week hopefully !!! fingers crossed !!

SAYE application dates:1 September 2014 - 1 December 2017

10 Aug 2017, 09:08

All deductions have now stopped, 144x£14.75=£2124, but can not convert the money you have saved into shares until December .

SAYE application dates:1 September 2014 - 1 December 2017

07 Oct 2017, 13:38

Can you choose to have the cash now or do we have to wait till December as well

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