Final details of the Share Offer have been announced today. The biggest surprise is the very short time scale for applications with the offer set to close on 8th October.
The price range for the shares is set at 260p to 330p per share so you will not know the exact price of the shares when you apply . This means you will be asked to state the amount of money you wish to invest rather than the number of shares you wish to buy.
So what’s next?
- Firstly, I recommend you download and read Hargreaves Lansdown’s Royal Mail offer Q&A.
- Secondly, just in case you decide to invest – work out where the money is coming from and how will you transfer it to your chosen broker.
- Thirdly, I will be closely monitoring the weekend press, online comments, etc and will report my conclusions in a further Blog on Monday. This will not be advice but will summarise the experts’ views with my personal insights. I will also tell you if I intend to invest and if so what my post purchase strategy will be. I am amazed to be still finding clients with privatisation shares they bought many years ago where performance has not been monitored and they have absolutely no plan or idea about why and when to take profits or minimise losses. Some don’t even know if they have profits or losses!!!
Read the small print below as always. Nothing I say should be interpreted as advice but hopefully I can put you in a position to make good decisions for yourselves.
There’s only one way to ensure you will receive Monday’s Blog – put your email in the box at the top on the right or email me with “Royal Mail” in the header.
IMPORTANT INFORMATION
This document and our on going services are not personal advice. We'll give you all the help and guidance you need to make your investment and retirement decisions, but we can't advise you. If you're not sure whether you need regulated financial advice we can put you in touch with a suitably qualified and experienced regulated adviser. Because we are not regulated by the Financial Conduct Authority you will not have access to the Financial Ombudsman Service in respect of any complaints. If you use one of the "no advice" on line services to handle investment transactions they will be Regulated and you will have access to the Ombudsman and The Financial Compensation Scheme in respect of their services. The value of investments/pension plans can fall or rise depending on market performance. The Retirement Team and The Investment and Retirement Coach are trading names of Capture Success Ltd Reg No 01825075 Tel 07770575122
