Telephone dealing
Speak to one of our Investment Services team to sell your shares. This service is available to shareholders with certificates and participants in the Royal Mail Nominee Share Service. Call us on 0845 268 0282 (from overseas +44 121 415 0250). Lines are open: Monday – Friday 8.00am to 4.30pm.
How does Partnership & Matching work? Royal Mail is giving all eligible employees the opportunity to buy shares in Royal Mail plc on a monthly basis. The shares, known as ‘Partnership Shares’, will be purchased under the Royal Mail Share Incentive Plan (SIP).
When can I sell my Free Shares? Any SIP 2016 Free Shares you may have from 6 October 2019 (if the shares are awarded on 6 October 2016 as expected). Remember, if you sell your Free Shares between three and five years after you are given them, you may have to pay income tax and National Insurance on them.
Your Free Shares will be held in a tax-advantaged HMRC-approved SIP. Even if you stay in Royal Mail employment, this places some restrictions on your access to the Free Shares. The Free Shares will not be held in your own name but will be held by a Trustee on your behalf until you decide to take them out of the SIP.
Royal Mail Market Data
Currency | UK Pounds |
---|---|
Share Price | 484.90p |
Time | 10:19 10/12/21 |
Change Today | -2.30p |
% Change | -0.47% |
Why Royal Mail shares are falling
The first is that parcel volumes have declined as lockdown restrictions eased. Back in July, the company said parcel volumes in its UK business fell 13% year-on-year for the three months ended 30 June (but were up 19% from the corresponding quarter in 2019).
The shares were sold to IPO buyers at 330p, but closed after the first day’s trading at around 450p. The Royal Mail share price subsequently went on to hit a high of more than 600p.
Basic rate taxpayers will need to pay 20% income tax and 12% NI, while higher rate taxpayers will pay 40% income tax and 2% NI (assuming the full amount of NI at 12% has already been paid).
The company, which handed 913 free shares to all of its full-time employees when it was privatised in October 2013, said that, from 2019-20, it intended to pay a full year dividend of 15p-a-share.
If you want to sell shares you will need your share certificate or Corporate Sponsored Nominee account number with you. … Equiniti also offers two other trading options, Investment Account and ISA, where we hold the shares electronically for you.
Vesa Equity Investment S.a.r.l. is currently the company’s largest shareholder with 16% of shares outstanding. For context, the second largest shareholder holds about 7.6% of the shares outstanding, followed by an ownership of 6.5% by the third-largest shareholder.
If you get shares through a Share Incentive Plan ( SIP ) and keep them in the plan for 5 years you will not pay Income Tax or National Insurance on their value. … If you take them out of the plan, keep them and then sell them later on, you might have to pay Capital Gains Tax if their value has increased.
To sell by post all you need to do is complete the form and send it to Link at the address shown on the form with all valid share certificates. … You will be charged 0.45% (minimum £15) when selling 11 shares or more which will be deducted from the sale proceeds.
Steps to Sell Your Stock Using a Broker
- Step 1: Pick a Broker. If you own stock but do not have a stockbroker, then you probably have physical stock certificates in your possession. …
- Step 2: Try Out the Broker’s Trading Platform. …
- Step 3: Deposit Your Stock and Fund an Account. …
- Step 4: Sell Your Stock.
How to buy shares in Royal Mail
- Choose a platform. If you’re a beginner, our share-dealing table below can help you choose.
- Open your account. …
- Confirm your payment details. …
- Search the platform for stock code: RMG in this case.
- Research Royal Mail shares. …
- Buy your Royal Mail shares.