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Royal Mail Shares

I did not accept the offer to sell my shares but see today a payment by IDS PLC in my bank account which means they must have been compulsorily purchased.  Works out to the offer price of £3.60 per share.  Does anyone know if the Special Dividend of 8p per share will still be paid if compulsorily purchased.  
Looking through my paperwork to find the original price I purchased them for in October 2013 (to see if I have a profit or loss for Capital Gains purposes).   Have every bit of paper since but can't find the original purchase letter.   Will dig out my old bank statements .

Comments

  • wmb194
    wmb194 Posts: 5,125 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 21 June at 9:43AM
    I did not accept the offer to sell my shares but see today a payment by IDS PLC in my bank account which means they must have been compulsorily purchased.  Works out to the offer price of £3.60 per share.  Does anyone know if the Special Dividend of 8p per share will still be paid if compulsorily purchased.  
    Looking through my paperwork to find the original price I purchased them for in October 2013 (to see if I have a profit or loss for Capital Gains purposes).   Have every bit of paper since but can't find the original purchase letter.   Will dig out my old bank statements .
    Yes but it’s already been paid, 14/05.

     If all your shares relate to the 10/13 IPO the issue price was 330p.


  • Growingold
    Growingold Posts: 496 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    wmb194 said:
    I did not accept the offer to sell my shares but see today a payment by IDS PLC in my bank account which means they must have been compulsorily purchased.  Works out to the offer price of £3.60 per share.  Does anyone know if the Special Dividend of 8p per share will still be paid if compulsorily purchased.  
    Looking through my paperwork to find the original price I purchased them for in October 2013 (to see if I have a profit or loss for Capital Gains purposes).   Have every bit of paper since but can't find the original purchase letter.   Will dig out my old bank statements .
    Yes but it’s already been paid, 14/05.

     If all your shares relate to the 10/13 IPO the issue price was 330p.


    Saw the payment on 24/05 but didn't realise that was the final dividend payment of 8p per share.  Thanks for clarifying and also the info for the issue price.
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