How do i sell my staff royal mail shares

Congratulations on holding Royal Mail shares! Selling your shares can be a straightforward process, but it's essential to understand the steps involved and the potential costs associated with selling. Here's a step-by-step guide to help you sell your Royal Mail shares:

Option 1: Sell through a Stockbroker

  1. Choose a stockbroker: You can use a traditional stockbroker, online trading platform, or a discount broker. Some popular options include:
    • Hargreaves Lansdown
    • Alliance Trust Savings
    • Fidelity International
    • Interactive Investor
    • AJ Bell Youinvest
  2. Open an account: Sign up for an account with your chosen stockbroker. You'll need to provide identification and proof of address.
  3. Fund your account: Deposit money into your account to cover the sale of your shares.
  4. Place an order: Log in to your account and place a sell order for your Royal Mail shares. You can choose from various order types, such as market order, limit order, or stop-loss order.
  5. Confirm the sale: Once your order is executed, you'll receive a confirmation email or notification from your stockbroker.

Option 2: Sell through a Share Dealing Platform

  1. Choose a share dealing platform: Platforms like:
    • Share Centre
    • The Share Shop
    • ShareDealing
    • Alliance Trust Savings (also offers stockbroking services)
  2. Open an account: Sign up for an account with your chosen platform. You'll need to provide identification and proof of address.
  3. Fund your account: Deposit money into your account to cover the sale of your shares.
  4. Place an order: Log in to your account and place a sell order for your Royal Mail shares.
  5. Confirm the sale: Once your order is executed, you'll receive a confirmation email or notification from the platform.

Option 3: Sell through a Royal Mail Share Dealing Service

  1. Contact Royal Mail: Reach out to Royal Mail's share dealing service, which is managed by Equiniti. You can contact them by phone or email.
  2. Provide share details: Provide your share certificate or CREST account details to Equiniti.
  3. Place an order: Inform Equiniti of your intention to sell your Royal Mail shares. They will guide you through the process and provide a valuation.
  4. Confirm the sale: Once your order is executed, you'll receive a confirmation email or notification from Equiniti.

Important Considerations

Before selling your Royal Mail shares, ensure you understand the process, fees, and tax implications involved. It's also a good idea to consult with a financial advisor or tax professional if you're unsure about any aspect of the process.