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Collegue shares

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
forrester79
Posts: 10
Joined: 20 Jul 2010, 11:45
Gender: Male

Collegue shares

Post by forrester79 »

Does anyone know if were still getting our collegue shares if so what are they worth now and can we only sell half this year and the remainder next
woofwoof
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Re: Collegue shares

Post by woofwoof »

forrester79 wrote:Does anyone know if were still getting our collegue shares if so what are they worth now and can we only sell half this year and the remainder next
£? and yes and yes
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POSTMAN
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Re: Collegue shares

Post by POSTMAN »

http://www.royalmailchat.co.uk/communit ... =1&t=33311" onclick="window.open(this.href);return false;
I Wrote-During Covid-Which is still relevant now
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north london driver
Posts: 560
Joined: 18 Aug 2010, 21:51
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Re: Collegue shares

Post by north london driver »

forrester79 wrote:Does anyone know if were still getting our collegue shares if so what are they worth now and can we only sell half this year and the remainder next
forrester79 are you leaving the job.
why are you worried about collegue shares and s.a payments anyone would think
that you may had lost them under the agreement that everyone said yes to.
plainpat
EX ROYAL MAIL
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Location: You can't get any further east in the UK without going for a swim in the North Sea

Re: Collegue shares

Post by plainpat »

Can we just clarify one thing here.

People keep referring to selling the colleague shares. They cannot be sold on the open market. Only Royal Mail can buy them back from the 'holders' and at the valuation decided by Royal Mail.
fl
Posts: 5
Joined: 10 Feb 2011, 18:43
Gender: Female

Re: Collegue shares

Post by fl »

Ihave heard that an announcement is due VERY soon, Royal Mail WILL NOT be buying back the 'shares' at any price, there is no money in the pot! Try asking Moya!!!!
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: Collegue shares

Post by fishtank »

fl wrote:Ihave heard that an announcement is due VERY soon, Royal Mail WILL NOT be buying back the 'shares' at any price, there is no money in the pot! Try asking Moya!!!!
That's twice you've said that.
Any chance you could tell us where you heard it?
good times, bad times you know I've had my share
bunkerland
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Joined: 11 Oct 2009, 21:40
Gender: Male

Re: Collegue shares

Post by bunkerland »

fishtank wrote:
fl wrote:Ihave heard that an announcement is due VERY soon, Royal Mail WILL NOT be buying back the 'shares' at any price, there is no money in the pot! Try asking Moya!!!!

Any chance you could tell us where you heard it?

http://www.youtube.com/watch?feature=pl ... ddaRTuYRW4" onclick="window.open(this.href);return false;
pillow
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Joined: 10 Sep 2009, 15:47
Gender: Female
Location: out on the edge of the world

Re: Collegue shares

Post by pillow »

Well just to let you know,

I am, being IHR'd on 25th Feb , and having read this posting, thought i'd better give HR /Payroll a call.

Well the nice lady at payroll said that the shares were still being re valued, and that as an "eligible leaver" I would still get payment when this process had finished.

I checked that this could not be done by my finish date, and she confirmed not, "you along with many others". By the way when they have finished revalueing them, we will be picked up by the computer as "eligible leavers" and the dividends will be paid straight into our bank accounts, with a payslip to follow, giving break down of tax paid etc.

Well I shall be waiting...............and if as those who are better informed let us know that they are revalued(june). Hopefully I won't have to chase them for them.
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guswood
Posts: 44
Joined: 10 Jul 2007, 19:58
Location: S.E.London

Re: Collegue shares

Post by guswood »

I was told the same as you, that they will be paid when they are revalued.
I have been waiting since last November !! :roll:
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Staying down is.