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colleague shares??

The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
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harryjohn
Posts: 3
Joined: 17 Nov 2010, 19:03
Gender: Male

Re: colleague shares??

Post by harryjohn »

spoodoo wrote:we were told we will not get any shares
ive actually misplaced my share certificates, will i still be able to sell them back without actually having the?m
noggin1969
Posts: 1321
Joined: 13 Oct 2009, 17:28
Gender: Male

Re: colleague shares??(Share price to be revealed Tuesday)

Post by noggin1969 »

ive actually misplaced my share certificates, will i still be able to sell them back without actually having the?m
since they're worthless i wouldn't worry about it
smokerjim
Posts: 1921
Joined: 13 Jun 2007, 22:27
Gender: Male
Location: In a corner, thinking "I've picked a bad week to give up smoking..."

Re: colleague shares??(Share price to be revealed Tuesday)

Post by smokerjim »

noggin1969 wrote:
ive actually misplaced my share certificates, will i still be able to sell them back without actually having the?m
since they're worthless i wouldn't worry about it
Officially no ( according to the paperwork that came with them ), but unless there's a minor miracle in the next 12 months ( ie RM gains some morals, respect & scruples towards it's employees ) I wouldn't worry too much about it :cuppa
I don't suppose your mouth bleeds every 28 days, does it?

Mail delivery; those that can, do, those that can't, MANAGE!
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: colleague shares??

Post by arnold cheshire »

harryjohn wrote:
spoodoo wrote:we were told we will not get any shares
ive actually misplaced my share certificates, will i still be able to sell them back without actually having the?m
yes you will probably get 1400 quid for losing the certificate :nana
clashcityrocker
Posts: 16472
Joined: 22 Sep 2009, 13:50
Gender: Male
Location: strummerville

Re: colleague shares??(Share price to be revealed Tuesday)

Post by clashcityrocker »

I had 2 certificates. I've lost them both.
Am I entitled to £2,800?
The societies of consumption and squandering of material resources are incompatible with the idea of economic growth and a clean planet.
bunkerland
Posts: 546
Joined: 11 Oct 2009, 21:40
Gender: Male

Re: colleague shares??(Share price to be revealed Tuesday)

Post by bunkerland »

clashcityrocker wrote:I had 2 certificates. I've lost them both.
Am I entitled to £2,800?

No,but you are entitled to be as pissed off as the rest of us who got hee haw! :sad:
BELIAL
Posts: 6758
Joined: 15 Jun 2007, 17:33
Gender: Female
Location: Nowhere

Re: colleague shares??(Share price to be revealed Tuesday)

Post by BELIAL »

Very confusing, if you're a pauper with a stake in the new share holding democracy ,you get f**k all ,If you're an old
etonian with a stake in the new share holding democracy you get £6,000,000 :left: It's the LAW :left: :left: :left: :hmmmm :wink:
Bye
MinisterofCucumber
Posts: 806
Joined: 15 Dec 2009, 22:18
Gender: Male

Re: colleague shares??(Share price to be revealed Tuesday)

Post by MinisterofCucumber »

We have received £1200 in dividends so far. The dividend we should have got in June 2010 was used as the £400 for accepting the last pay deal/ transformation agreement. The share allocation we should have got in 2009 was converted into the £600 we will get for completing the transformation.

We will have received £2200 from the colleague share scheme in total by the end of April but the Sun says we may get a total of £2600. If they are right, it means there is still another £400 to come. We have 711 shares each (full time) so that means each share will be valued at about 56p each.

Management have 'leaked' the story that the shares are worth nothing so that when we are told what they are really worth, they hope we will think it's better than nothing. :left:

They can stick their colleague shares up their arse.

No more stupid incentive schemes.

All future money must go into basic pay.
"You wanna f**k with me? Okay. You wanna play rough? Okay. Say hello to my little friend!" - Tony Montana
Big Daz
Posts: 5668
Joined: 17 Apr 2007, 20:27
Gender: Male

Re: colleague shares??(Share price to be revealed Tuesday)

Post by Big Daz »

The aforementioned £600 and £400 is the £1,000 transformational lump sum money.
dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: colleague shares??(Share price to be revealed Tuesday)

Post by dvbuk55 »

clashcityrocker wrote:I had 2 certificates. I've lost them both.
Am I entitled to £2,800?
Yes you are certainly entitled to it clash........................you are not going to get it but hey think of all the things you are entitled to and don't get...............as I keep saying to the wife :cuppa
oldrangersW12
Posts: 53
Joined: 06 Mar 2010, 15:16
Gender: Male

Re: colleague shares??

Post by oldrangersW12 »

harryjohn wrote:
spoodoo wrote:we were told we will not get any shares
ive actually misplaced my share certificates, will i still be able to sell them back without actually having the?m
If a miracle prevails and we actually get something, i think people will get paid out regardless wether they still have their certificates or not.

As long as you were employed by RM at the time of issue.
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: colleague shares??(Share price to be revealed Tuesday)

Post by fishtank »

Big Daz wrote:The aforementioned £600 and £400 is the £1,000 transformational lump sum money.
Not quite.
The £600 was a replacement for the third share allocation and was incorporated into the transformation lump sums.
The £400 was a replacement for the final dividend and was paid to us on ratification of the failed bag of shite they call the BTA or BT2010 or the Way Backwards....
good times, bad times you know I've had my share
Big Daz
Posts: 5668
Joined: 17 Apr 2007, 20:27
Gender: Male

Re: colleague shares??(Share price to be revealed Tuesday)

Post by Big Daz »

I assumed the £400 was the 2 X 200 lump sums :d'oh!
BELIAL
Posts: 6758
Joined: 15 Jun 2007, 17:33
Gender: Female
Location: Nowhere

Re: colleague shares??(Share price to be revealed Tuesday)

Post by BELIAL »

But will you get either? What are the "new" targets :chuckle
Bye
cashman
POST OFFICE
Posts: 70
Joined: 02 Nov 2007, 16:16
Gender: Male
Location: London

Re: colleague shares??(Share price to be revealed Tuesday)

Post by cashman »

MinisterofCucumber wrote:We have received £1200 in dividends so far. The dividend we should have got in June 2010 was used as the £400 for accepting the last pay deal/ transformation agreement. The share allocation we should have got in 2009 was converted into the £600 we will get for completing the transformation.

We will have received £2200 from the colleague share scheme in total by the end of April but the Sun says we may get a total of £2600. If they are right, it means there is still another £400 to come. We have 711 shares each (full time) so that means each share will be valued at about 56p each.

Management have 'leaked' the story that the shares are worth nothing so that when we are told what they are really worth, they hope we will think it's better than nothing. :left:

They can stick their colleague shares up their arse.

No more stupid incentive schemes.

All future money must go into basic pay.
:Applause
Supply Chain - P.O.L.