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When can we sell these phantom shares??

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
mclovin
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When can we sell these phantom shares??

Post by mclovin »

Remember? The ones Leighton gave us a while back?? 1100 per employee or some such figure??
shadow
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Re: When can we sell these phantom shares??

Post by shadow »

To the phantom of the opera :chuckle Sorry I don't know.
Cut Off King
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Re: When can we sell these phantom shares??

Post by Cut Off King »

I think you'll find that share scheme will be disolved, the "share money" will be used to fund any pay rise that we recieve from the new agreement, so you won't recieve a penny.
shimmyrule
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Re: When can we sell these phantom shares??

Post by shimmyrule »

next april, you can sell half back to the business, then sell the rest the year after, as has been said, we prob wont get em, so losing out , instead returning as an inflation busting super pay deal carrot type thing.
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POSTMAN
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Re: When can we sell these phantom shares??

Post by POSTMAN »

See here...

http://www.royalmailchat.co.uk/communit ... 36&t=15133" onclick="window.open(this.href);return false;
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
lekker
EX ROYAL MAIL
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Re: When can we sell these phantom shares??

Post by lekker »

I've just retired and RM bought mine back for just over £1000 :Very Happy
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POSTMAN
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Re: When can we sell these phantom shares??

Post by POSTMAN »

Go to the link i posted,download the pdf and look at that.
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
dayjur
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Re: When can we sell these phantom shares??

Post by dayjur »

link doesn't answer the initial question
When can we sell these phantom shares??
fishtank
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Re: When can we sell these phantom shares??

Post by fishtank »

"We are looking for a 3-year deal financed by the Colleagueshare money, simplification of the existing pay bill and a share of the savings that transformation will bring to achieve a significant increase in basic pay."


This was part of Pete Keenlyside's report on the negotiations although HQ did try to distance themselves from it they did not deny any of it.
Make of it what you will. :whistle
good times, bad times you know I've had my share
BELIAL
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Re: When can we sell these phantom shares??

Post by BELIAL »

:funneh :funneh :funneh :roll: :left: :left: :left: :d'oh!
Bye
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POSTMAN
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Re: When can we sell these phantom shares??

Post by POSTMAN »

Page 5 of it...
POL005.gif
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I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
headscrewedon
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Joined: 30 Sep 2009, 20:40
Gender: Female

Re: When can we sell these phantom shares??

Post by headscrewedon »

Jimmy Carr`s laugh wrote: Do we have shares or dont we ?
NO !

Leighton wanted a proper share ownership scheme for 'his people' (that's us posties). The government dismissed his idea, but not him, unfortunately :whistle

He invented a profit-sharing scheme that was designed to pay-out lump sums if RM was transformed and generated more profit. To confuse matters, he decided to call this scheme ColleagueShares, even though no share ownership is actually conveyed to us in the sense of real shares like which are bought & sold on stock markets everyday.

For more information, go to cantsellonthemarket.com

Simples !!!