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Opt out of shares.....

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
Tman
Posts: 4146
Joined: 21 Oct 2007, 09:57

Re: Opt out of shares.....

Post by Tman »

TrueBlueTerrier wrote:
clashcityrocker wrote:I could be wrong because I haven't followed this share malarkey too closely but aren't my refused shares absorbed back into the primordial soup and redistributed amongst the rest of you?
Yes according to the guardian http://www.theguardian.com/uk-news/2013 ... hare-offer" onclick="window.open(this.href);return false;
The rejected shares will be redistributed between the 150,000 staff who have accepted the shares, which they must hold on to for at least three years.
As we've been told how many shares we're going to receive in the second distribution (and that's prior to all the strange people returning their letters saying they don't want them) then that can't be the case this time.
Did the opt-out letters arrive before or after the initial share allocations were announced? If after, then it wasn't the case for the first distribution either and the Grauniad is wrong.
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Re: Opt out of shares.....

Post by daveyeff »

Chelseablue wrote:Totally agree with clash ,,the service will go steeply down hill,and the bullying and h will go sky high. Why o why do ppl cave in and vote yes every time they say pennies stuck in front of them.
well i didnt vote yes but im having the shares...as far as im concerned they owe us for colleague shares we were fleeced out of. fair enough if you dont want the money thats peoples choice.
beezet
Posts: 93
Joined: 06 Dec 2013, 18:56
Gender: Male

Re: Opt out of shares.....

Post by beezet »

I totally agree, just take the shares, you will be shafted if you take them or not.
maisymoo04
Posts: 2226
Joined: 07 Apr 2010, 17:11
Gender: Male
Location: You dont want to no

Re: Opt out of shares.....

Post by maisymoo04 »

TrueBlueTerrier wrote:
clashcityrocker wrote:I could be wrong because I haven't followed this share malarkey too closely but aren't my refused shares absorbed back into the primordial soup and redistributed amongst the rest of you?
Yes according to the guardian http://www.theguardian.com/uk-news/2013 ... hare-offer" onclick="window.open(this.href);return false;
The rejected shares will be redistributed between the 150,000 staff who have accepted the shares, which they must hold on to for at least three years.

Thanks clash :nana :nana :whistle :whistle
"Some day I will have the bottle to take the money"
OnAFlyer
Posts: 1938
Joined: 16 Aug 2009, 14:24
Gender: Male

Re: Opt out of shares.....

Post by OnAFlyer »

Lincox wrote:Value of shares are falling. Heard today Sheffield Mail Centre is way over budget. Is this the start of the decline?
We are served by Sheffield mail centre and it's been a joke this last week, the mails been coming in so late we have had sequenced at close to 9am.

If they're over budget now then they're buggered, as offices around here have been asked to put a night shift on to do large flats for them as they can't cope.