LTB 602/16 - Royal Mail Shares - 15th October Sale Date

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CWU.org
13 October 2016
LTB 602/16 - Royal Mail Shares - 15th October Sale Date

No. 602/2016

13th October 2016



Dear Colleagues,

Royal Mail Shares - 15th October Sale Date

Branches and Representatives will be aware that the first shares allocated to CWU members under the privatisation sale are able to be sold on the open market from 15th October 2016.

We are aware that Representatives are receiving enquires from some members regarding the sale and in particular any potential tax liability they may incur. In order to assist Branches with these enquires the Department have attached an article that will hopefully aid colleagues in answering members’ questions. A version of the article will also appear in the next issue of the Voice.

We would emphasise that the CWU are not able to provide any financial advice to members - a point made clear in the attached article. It will also be noted that the article advises colleagues to contact the Royal Mail Employee Shares Helpline if necessary.

It would be appreciated if Branches could ensure this LTB is given the widest possible circulation to CWU Representatives and members.

Yours sincerely



Terry Pullinger

Deputy General Secretary (Postal)