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Royal Mail’s position on the two issues that formed the basis of the consultative ballot is as follows:
For more information contact:
Mish Tullar on 07423 524154
Sally Hopkins on 07801 094345
Royal Mail has around 8,300 Royal Mail managers in grades represented by Unite the union. Royal Mail understands that approximately 5,300 of its managers are members of Unite the union.
Royal Mail is the Designated Universal Service Provider in the UK. It delivers an affordable six-day-a-week, one-price-goes-anywhere, postal service to more than 29 million UK addresses. Royal Mail is regulated by Ofcom. Royal Mail Holdings plc is directly owned by HM Government and is the ultimate parent company of Royal Mail Group Limited. The Group operates within the United Kingdom, including a number of subsidiaries, associates and a joint venture. These include Royal Mail, which delivers more than 99 per cent of letters in the UK and has a leading position in the UK parcels sector, and Parcelforce Worldwide, its express parcels business.
The Group also has a presence in most European countries, mainly through General Logistics Systems, one of the largest ground-based parcel delivery networks in Europe.
On 1 April 2012, Post Office Limited was transferred from under the ownership of Royal Mail Group Limited to become a direct subsidiary of Royal Mail Holdings plc.
The information contained 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 securities in the United States.
This document is an advertisement and not a prospectus. Any purchase of securities in any proposed offering should be made solely on the basis of the information contained in the prospectus to be issued by Royal Mail in connection with any such offering which will be published in electronic form and made available to persons resident in the United Kingdom on Royal Mail’s website.
Please note that the value of shares can go down as well as up. There is no guarantee that Royal Mail will float and no one should base any financial decisions on the Government’s flotation plans for Royal Mail at this stage.
Registered Office Royal Mail plc 100 Victoria Embankment London EC4Y 0HQ
© Royal Mail Group Limited 2014