This is an advertisement and not a prospectus. Please note that you should read the Prospectus relating to the Royal Mail Share Offer, and you should make your investment based only on the information in the Prospectus which is available online at www.royalmailgroup.com
When we sent eligible employees the Guide to the Royal Mail Employee Share Offers we confirmed that part-time employees will be given a pro-rata number of Free Shares. We confirmed this pro-rata number of Free Shares will be based on eligible employees’ paid hours between 10 July 2013 (the date the Government made its Parliamentary Statement) and a cut-off date several days before the expected date of the flotation.
The cut-off date has today been confirmed. It is 13 October 2013. Only hours paid on or before that date will count towards your entitlement.
Part-time employees’ paid hours in the period 10 July 2013 to 13 October 2013 inclusive are compared with the number of hours an equivalent full-time employee would have been contractually required to work in that three month period. A pro-rata allocation is then made accordingly.
Calculations of the number of Free Shares employees will receive will not take place until after the flotation. It is not possible for us to give any indication in advance of the number of Free Shares employees will individually receive.
It is important to remember that the value of shares can go down as well as up.
All eligible employees will receive what’s called an ‘allocation notice’ shortly after Royal Mail is floated on the London Stock Exchange. This formal document will tell you how many Free Shares you have been given and their value when they were given to you.
This is an advertisement and is not a prospectus for the purposes of EU Directive 2003/71/EC or Part VI of the Financial Services and Markets Act 2000 (as amended), and is directed at employees of Royal Mail Group Limited only.
Investors should not subscribe for or purchase any securities referred to in this advertisement except on the basis of information contained in the prospectus published by Royal Mail plc. Copies of the prospectus are available online at www.royalmailgroup.com
This advertisement does not constitute an offer or recommendation concerning the securities referred to in this advertisement. The price and value of securities can go down as well as up. Past performance is not a guide to future performance. Information in this advertisement cannot be relied upon as a guide to future performance. Before purchasing any securities referred to in this advertisement, persons viewing this advertisement should make sure that they fully understand and accept the risks which are set out in the prospectus referred to above. Potential investors should consult an independent professional advisor as to the suitability of the securities referred to in this advertisement for the person concerned.
The information in this document does not constitute an offer for sale of securities in the United States, Canada, Australia or Japan or any other jurisdiction and is not for distribution in the United States, Canada, Australia or Japan or any other jurisdiction where such distribution would be unlawful. The securities referred to in this document have not been registered, and will not be registered, under the U.S. Securities Act of 1933, as amended (the ‘U.S. Securities Act’), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold in the United States unless they are registered under the U.S. Securities Act or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. There will be no public offering of these securities in the United States.