Royal Mail Stock Holding – What to Do?

tiger70

Matt17 said:

Is there a way of checking that they've received your acceptance of the offer. I never received any confirmation that they had received it? 

If you log in again using the id numbers in the letter you will see the date of your acceptance in red letters .

granta

wmb194 said:

granta said:

Royal Mail takeover by Czech billionaire approved by shareholders - BBC News

80% voted in favour so it'll be delisted and those who don't tender their shares or sell before it's delisted on c.02/06/25 will own shares in an unlisted company.

Yesterday's RNS announcement states that the tender offer is still open, though:

"The Offer remains open for acceptance until further notice and IDS Shareholders who have not yet accepted the Offer are urged to do so as soon as possible.

...

Under UK Listing Rule 21.2.13R, IDS announces that the notice period for the cancellation of listing and trading of the IDS Shares has now commenced and cancellation of listing and trading of the IDS Shares is expected to take effect no earlier than 8.00 a.m. on 2 June 2025."

https://www.londonstockexchange.com/news-article/market-news/offer-declared-unconditional/17014532 

Do you recall when we will be paid for the shares we've given up?

wmb194

granta said:

wmb194 said:

granta said:

Royal Mail takeover by Czech billionaire approved by shareholders - BBC News

80% voted in favour so it'll be delisted and those who don't tender their shares or sell before it's delisted on c.02/06/25 will own shares in an unlisted company.

Yesterday's RNS announcement states that the tender offer is still open, though:

"The Offer remains open for acceptance until further notice and IDS Shareholders who have not yet accepted the Offer are urged to do so as soon as possible.

...

Under UK Listing Rule 21.2.13R, IDS announces that the notice period for the cancellation of listing and trading of the IDS Shares has now commenced and cancellation of listing and trading of the IDS Shares is expected to take effect no earlier than 8.00 a.m. on 2 June 2025."

https://www.londonstockexchange.com/news-article/market-news/offer-declared-unconditional/17014532 

Do you recall when we will be paid for the shares we've given up?

See upthread: "within" 14 days of the offer becoming unconditional so it should be at anytime between now and 14/05 but these things always depend on the vagaries of brokers, registrars and the banking system.

granta

wmb194 said:

granta said:

wmb194 said:

granta said:

Royal Mail takeover by Czech billionaire approved by shareholders - BBC News

80% voted in favour so it'll be delisted and those who don't tender their shares or sell before it's delisted on c.02/06/25 will own shares in an unlisted company.

Yesterday's RNS announcement states that the tender offer is still open, though:

"The Offer remains open for acceptance until further notice and IDS Shareholders who have not yet accepted the Offer are urged to do so as soon as possible.

...

Under UK Listing Rule 21.2.13R, IDS announces that the notice period for the cancellation of listing and trading of the IDS Shares has now commenced and cancellation of listing and trading of the IDS Shares is expected to take effect no earlier than 8.00 a.m. on 2 June 2025."

https://www.londonstockexchange.com/news-article/market-news/offer-declared-unconditional/17014532 

Do you recall when we will be paid for the shares we've given up?

See upthread: "within" 14 days of the offer becoming unconditional so it should be at anytime between now and 14/05 but these things always depend on the vagaries of brokers, registrars and the banking system.

Thanks. My broker has closed my account as it's the only holding I have with them so I'm unable to see anything online. But I'll call them on the 14th May.

Matt17

tiger70 said:

Matt17 said:

Is there a way of checking that they've received your acceptance of the offer. I never received any confirmation that they had received it? 

If you log in again using the id numbers in the letter you will see the date of your acceptance in red letters .

I've never logged in, it was a paper form I sent in the post with my certificate.

where_are_we

The special dividend of 8p per share will be paid on 14 May.

Hammer_Time

The divided has been paid into my bank account today.

tiger70

Got my 2 dividend payments this morning, hoping to receive the money from the sale of my shares sometime this week .

Lifes_Grand_Plan

tiger70 said:

Got my 2 dividend payments this morning, hoping to receive the money from the sale of my shares sometime this week .

Got mine today too, thanks for the heads up.

Added it straight to my S&S ISA which is the same place my proceeds of sale will go when it pays out too. Amazing how the markets have bounced back since the Trump tariffs and much better to have funds diversified than purely in RM / IDS

ashteadgirl

tiger70 said:

Got my 2 dividend payments this morning, hoping to receive the money from the sale of my shares sometime this week .

tiger70  - you got 2 dividend payments??? thought we were just meant to have 8p per share dividend. Could you explain more, many thanks.