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Share Incentive Plan

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.
All news and discussion on Daniel Kretinsky's full takeover of Royal Mail.
HTPostman
EX ROYAL MAIL
Posts: 1500
Joined: 01 Sep 2008, 23:53
Gender: Male

Share Incentive Plan

Post by HTPostman »

Bit confused about this, I applied to join this last month (paying for RM shares out of my wage), payments have been taken from my pay but it’s still showing me as having 0 shares.

Am I missing something - Is there a delay to the scheme buying shares?
The day is gonna come when we’re all gonna have to testify.

526
noggin1969
Posts: 1321
Joined: 13 Oct 2009, 17:28
Gender: Male

Re: Share Incentive Plan

Post by noggin1969 »

They're not purchased the day the money is taken from your wages, think it is in monthly blocks about the 15th.
wallop
EX ROYAL MAIL
Posts: 250
Joined: 02 Feb 2011, 07:34
Gender: Male

Re: Share Incentive Plan

Post by wallop »

The shares are bought on the 15th of the month and they are shown on your account the next working day,Which this month is tomorrow.
HTPostman
EX ROYAL MAIL
Posts: 1500
Joined: 01 Sep 2008, 23:53
Gender: Male

Re: Share Incentive Plan

Post by HTPostman »

Thank you both of you :thumbup
The day is gonna come when we’re all gonna have to testify.

526