How to SELL royal mail shares

travelseeker1

I registered on the government web site for a number of shares and i want to be prepared for next week in case i decide to sell them straight away.
I know if i had purchased them through a dealer i could have instructed them to sell at a time when i decided.
What i cant find out is how i sell if purchased through the government web site. i think have found some info that says it will be a flat rate of 0.75% for a limited but but cant establish how long the limityed period is or what options i have to go about selling them.
I have tried looking through the prospectus but bit of a needle in a haystack job with 500 pages and not even sure if its in there.
Anyone have any advice? or pointers to where i can find out what to do.
thanks

joerid

I agree. Need help here. Only know I have the shares through £750 out of bank account.

No certificate or any confirmation otherwise.

Help!

latecomer

Go back to the website you used to apply for the shares and read the FAQs. If you still have questions after doing that come back and ask again.

Quentin

From The RM government website regarding selling shares for 0.75% with £7.50 minimum :

Full details of these services will be sent to successful applicants after the Offer, together with their allocation statements.

brewerdave

Quentin wrote: »

From The RM government website regarding selling shares for 0.75% with £7.50 minimum :

...and by that time, the froth will have gone out of the market,the Union will have voted for strike action ...and you MIGHT get back what you paid!!!

Quentin

brewerdave wrote: »

...and by that time, the froth will have gone out of the market,the Union will have voted for strike action ...and you MIGHT get back what you paid!!!

Where do you get that from??

dollydiva

latecomer wrote: »

Go back to the website you used to apply for the shares and read the FAQs. If you still have questions after doing that come back and ask again.

Thanks, Mr Helpful. If YOU had read the fAQs you'd realise that they don't fully address that and hence the reason for the question...

latecomer

dollydiva wrote: »

Thanks, Mr Helpful. If YOU had read the fAQs you'd realise that they don't fully address that and hence the reason for the question...

You're welcome. I actually read them several times and hence made the decision to buy through a broker so I would be able to trade this morning rather than sometime next week.

The differences between buying direct and through an intermediary were pretty well explained so I dont know why you are complaining.

ChopperST

brewerdave wrote: »

...and by that time, the froth will have gone out of the market,the Union will have voted for strike action ...and you MIGHT get back what you paid!!!

The market is well aware that strike action is looming and whilst I would imagine there will probably be a dip The shares aren't going to lose >100p.

Antimoron

latecomer wrote: »

You're welcome. I actually read them several times and hence made the decision to buy through a broker so I would be able to trade this morning rather than sometime next week.

The differences between buying direct and through an intermediary were pretty well explained so I dont know why you are complaining.

Actually, I'd say you weren't terribly helpful.

And the question was about to sell in the case of those who bought direct - not the difference between buying direct/or via an intermediary.

The FAQs may have explained the difference, but they don't address how to go about selling. Or why it costs more to do so. I wonder why.

latecomer

I agree but the point I was trying to make was that buying direct was clearly not fully explained whereas buying via an intermediary was. If people had read the FAQ before buying then they would know that they will send a statement once you are allocated shares and that you will be able to deal via Equinity (phone, online etc) once the shares are officially listed and the costs for doing so. It also covers if you requested a share certificate.

The costs initially are pretty cheap - £7.50 online (I pay £12 via Halifax share dealing)