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Privatisation shares.
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RoyalSlave69
- Posts: 74
- Joined: 11 Feb 2013, 16:33
- Gender: Male
Privatisation shares.
I keep reading in the news about privatisation and shares. So when the sell off happens we all get shares? Even part-timers? Do less hours worked mean less shares?
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TrueBlueTerrier
- FORUM ADMINISTRATOR
- Posts: 72727
- Joined: 30 Dec 2006, 10:29
- Gender: Male
- Location: On my couch
Re: Privatisation shares.
No details have yet been announced you may even have to pay for them.RoyalSlave69 wrote:I keep reading in the news about privatisation and shares. So when the sell off happens we all get shares? Even part-timers? Do less hours worked mean less shares?
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north london driver
- Posts: 560
- Joined: 18 Aug 2010, 21:51
- Gender: Male
Re: Privatisation shares.
if we have to pay for them i will buy them with my other shares as i got nothing with them yet.TrueBlueTerrier wrote:No details have yet been announced you may even have to pay for them.RoyalSlave69 wrote:I keep reading in the news about privatisation and shares. So when the sell off happens we all get shares? Even part-timers? Do less hours worked mean less shares?
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steven100
- Posts: 1391
- Joined: 09 Aug 2009, 12:35
- Gender: Male
Re: Privatisation shares.
If we are getting shares free take them don't buy them. RM is just a dieing business with new technology etc.
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interesting
- Posts: 217
- Joined: 29 Jun 2012, 19:16
- Gender: Male
Re: Privatisation shares.
Maybe , but the buying and selling of shares in general is not easy to predict
As a workforce as a whole do we really know what's best for ourselves
As a workforce as a whole do we really know what's best for ourselves
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nataddick
- MAIL CENTRES/PROCESSING
- Posts: 362
- Joined: 10 Jun 2010, 09:47
- Gender: Male
Re: Privatisation shares.
What we do know is what appeared in the 'Myth Buster's document to questions from the Department for Business, Innovation and Skills :-
Employee Shares
Any employee share scheme will be worthless like ColleagueShare
The employee share scheme, which Parliament has enshrined in statute, will not be the same as ColleagueShare. Real shares will be allocated to the employee share scheme – meaning that employees will own at least 10% of the company by the time the Government sells its last share. Our objective in setting up the share scheme is to secure strengthened employee engagement in the company and to ensure that staff benefit through dividends from any future profits.
The key points are we don't get ANY shares unless the balance of shares are sold up to say 90%. We should also get at least 10%
Obviously, if we were to be given 15% then the remaining 85% would need to be sold.
Whether we will be given some shares or have to buy them at a discount or a combination of the 2 remains to be seen. If there is insufficient demand from institutional investors, we may get offered some free shares with the option to buy more at a discounted price so RM get a 100% sale.
Employee Shares
Any employee share scheme will be worthless like ColleagueShare
The employee share scheme, which Parliament has enshrined in statute, will not be the same as ColleagueShare. Real shares will be allocated to the employee share scheme – meaning that employees will own at least 10% of the company by the time the Government sells its last share. Our objective in setting up the share scheme is to secure strengthened employee engagement in the company and to ensure that staff benefit through dividends from any future profits.
The key points are we don't get ANY shares unless the balance of shares are sold up to say 90%. We should also get at least 10%
Obviously, if we were to be given 15% then the remaining 85% would need to be sold.
Whether we will be given some shares or have to buy them at a discount or a combination of the 2 remains to be seen. If there is insufficient demand from institutional investors, we may get offered some free shares with the option to buy more at a discounted price so RM get a 100% sale.
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Darren Bent
- Posts: 2150
- Joined: 05 Oct 2007, 15:38
- Gender: Male
- Location: Pride Park, Derby, DE24 8XL
Re: Privatisation shares.
if we have to buy the shares we should have it for say 15 pounds a week instead of paying 15 pounds for tax. so if we earn 400 pounds and take home 307 a week and then we should pay 15 out of 93 for shares (and the rest will pay for pension, CWU, National Insurance and Income Tax)
I don't know if we can do that or not.
I don't know if we can do that or not.
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nataddick
- MAIL CENTRES/PROCESSING
- Posts: 362
- Joined: 10 Jun 2010, 09:47
- Gender: Male
Re: Privatisation shares.
There was really good article in the Money section of the The Times on Saturday June 15 'Make the most of wokplace share schemes' - it made reference to our Royal Mail shares and explained the differences between Sharesave (Save as your earn) and Share Incentive Plans. I have the paper version of the article but cannot provide a digital version of the article as I am not a subscriber to The Times.
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spoodoo
- Posts: 829
- Joined: 06 Sep 2009, 18:07
- Gender: Male
Re: Privatisation shares.
Shares,,,remember the last time ?...........
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DB1100
- Posts: 1976
- Joined: 10 Sep 2007, 14:30
Re: Privatisation shares.
They said that about the N.F.C shares.steven100 wrote:If we are getting shares free take them don't buy them. RM is just a dieing business with new technology etc.
For we were soldiers once,and young
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DirtyHarry
- Posts: 5051
- Joined: 13 May 2007, 23:16
- Gender: Male
- Location: London
Re: Privatisation shares.
No. Moya Greene, and all the other executive thieves, do far less hours than we do, and do far less work than we do, yet.....Will get shares worth hundreds of thousands of pounds more than the pittance we'll be given.RoyalSlave69 wrote:I keep reading in the news about privatisation and shares. So when the sell off happens we all get shares? Even part-timers? Do less hours worked mean less shares?
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borgpicard
- Posts: 486
- Joined: 05 May 2011, 22:45
- Gender: Male
Re: Privatisation shares.
never mind the shares, the canadian c*** is up for a million and half pay out ????DirtyHarry wrote:No. Moya Greene, and all the other executive thieves, do far less hours than we do, and do far less work than we do, yet.....Will get shares worth hundreds of thousands of pounds more than the pittance we'll be given.RoyalSlave69 wrote:I keep reading in the news about privatisation and shares. So when the sell off happens we all get shares? Even part-timers? Do less hours worked mean less shares?
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cloherty1976
- MAIL CENTRES/PROCESSING
- Posts: 1236
- Joined: 11 Mar 2010, 12:16
- Gender: Male
- Location: The south
Re: Privatisation shares.
Think of the tax she will have to pay
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maisymoo04
- Posts: 2226
- Joined: 07 Apr 2010, 17:11
- Gender: Male
- Location: You dont want to no
Re: Privatisation shares.
Stevo I don't think we our dieing you no mate we our so busy and making money . Considering we're in a ressesion we made more money when crozier and Leighton were at the helm . Well sayin that hasteven100 wrote:If we are getting shares free take them don't buy them. RM is just a dieing business with new technology etc.
"Some day I will have the bottle to take the money"
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OnAFlyer
- Posts: 1938
- Joined: 16 Aug 2009, 14:24
- Gender: Male
Re: Privatisation shares.
Until this 'new technology' can deliver parcels RM isn't going anywhere for a long time yet. Technology (as in Internet shopping) is what is keeping us all in a job and will keep doing so. Without that we'd be f*cked.steven100 wrote:If we are getting shares free take them don't buy them. RM is just a dieing business with new technology etc.