Royal Mail Shares

pine77

Klambo wrote: »

I think Vince Cable is the guy in charge of the allocation, he said on Ch4 news he wasn't interested in "Spivs" & "Speculators" but long term investors.

yes of course, the Singapore fund is not going to sell their shares asap to turn a profit next week... they will keep their shares for 1000 years..

common, all he has done is make sure the city and foreign big investors make money. If he had half a brain between his hairy grey ears he would realise the money is better off within the uk population who will spend dividends within the UK, rather than a Singapore investment fund.

What a piece of !!!! Vince Cable is. Serves every lib dem supporter right. The only parties worth voting for are those on the extremes.

pine77

Klambo wrote: »

I think Vince Cable is the guy in charge of the allocation, he said on Ch4 news he wasn't interested in "Spivs" & "Speculators" but long term investors.

Funny Vince, you dont seem to mind the spivs and speculators in the city and Singapore.. But the ones who populated the middle classes and tried to buy this week are worth nothing to you..

sebtomato

britboy wrote: »

when I will get a refund if I only get £750 of shares

Share certificates or statements, and any refunds of surplus application money, will be sent out by Monday, 21 October.

Klambo

krispey wrote: »

My main concern is I miss typed the wrong number in the address, I bought through the gov website, what can I do to get this changed ?

Try phoning the helpline from the gov site:

0330 123 0147.

krispey

Klambo wrote: »

Try phoning the helpline from the gov site:

0330 123 0147.

Tried doing that, they were not much help. They said to ring equiniti after an email arrives which should be tomorrow, a little bit worried I will lose my money.

racing_blue

krispey wrote: »

My main concern is I miss typed the wrong number in the address, I bought through the gov website, what can I do to get this changed ?

Set up mail redirection at the post office? It will cost you £39.99 for 6 months but in a way you'll now be paying yourself

(Not really, obviously)

EdGasket

Gambler wrote: »

Has anybody had shares credited to their x-o account yet?

Thanks

I won't even bother looking until tomorrow. They will turn up eventually but x-o are a budget outfit so I'm not holding my breath that they'll be there first thing although in an ideal world they should be.

tuk

The Royal Mail Nominee Share Service:

Looks like its going to cost £17.50 to sell ...it's possible for £7.50 but that comes with dodgy conditions.

See page 37-38 of Prospectus.

Mr_K

If you've applied on the behalf of several family members maybe worth amalgamating into one account to limit trading charges/ make life simpler. Seems to be possible with Corporate Nominee Accounts on Equiniti.

http://www.shareview.co.uk/4/Info/Portfolio/Default/en/Home/Shareholders/Pages/TransferUncertShares.aspx

abathingape

Regarding refunds:

Welcome to the Royal Mail Share Offer website. The Royal Mail Share Offer has now closed. The deadline for applications was Tuesday, 8 October.On Thursday, 10 October the Secretary of State for Business, Innovation and Skills announced that the price of the shares sold in the Royal Mail Share Offer has been set at 330p per share.It is expected that Royal Mail shares will be listed on the London Stock Exchange on Tuesday, 15 October and that unconditional dealings in the shares will commence on that date.The number of shares allocated to each member of the public who submitted a valid application in the Retail Offer is as follows:

Application amount No. of shares allocated
£750 to £10,000 227 (worth £749.10 at the Offer price)
Over £10,000 Nil

Share certificates or statements, and any refunds of surplus application money, will be sent out by Monday, 21 October.