We all make a difference. That's why we reward you when we win together.
Your Shares: Matched is a simple new way to own shares and invest in our future together.
You'll find all the information you need on this page.
3-minute video for a high-level look at Your Shares: Matched.
Invest from as little as £5 per month from your gross pay
For every share you buy up to £50, we will give you an extra one for free!
Start, stop or change your investment at any time
Enjoy the benefits of owning part of our company
Enjoy flexibility. You can join, change, or stop investing anytime. Take action by the 10th of each month for changes to apply to that month's pay.
See how this works below.
Invest between £5 and £150 each month. The good news is that this deduction is taken from your gross pay which means that you won't pay Income Tax or National Insurance on the amount you invest.
Your investment amount is used to buy shares on your behalf on or around the 7th of each month. These are your Investment Shares, for every Investment Share you buy (up to the first £50 each month), we give you one free Matching Share.
Matching Shares stay locked for 3 years from when they are awarded. You can sell your Investment Shares anytime. If you sell your Investment Shares within the first 12 months' you will lose your linked Matching Shares.
Between 3 and 5 years you can sell some or all of your Matching Shares, if you do you will need to pay Income Tax and National Insurance.
After 5 years you can sell some or all of your shares tax free!
Owning a part of Rolls-Royce brings benefits, meaning you can:
Your Shares: Matched is an investment plan with a match, where you are able to buy shares ("Investment Shares") from your gross (i.e. pre-tax) pay deduction each month. The minimum monthly investment amount is £5 a month and the maximum is £150 a month. For every Investment Share you buy Rolls-Royce will match this with a share (known as "Matching Shares"), up to a maximum investment of £50/month.
You can choose to invest more – up to a total of £150/month, but anything above £50 will not be matched – we are simply providing you with an easy and tax efficient way to buy Rolls-Royce shares.
For example:
Example 1
You currently pay 42% in Income Tax and National Insurance Contributions, and choose to invest £150:
Shares will be purchased each month, and the Matching Shares added to your account each month. The Investment Shares you purchase and the Matching Shares provided by Rolls-Royce will be held in Trust on your behalf (see questions 1.5 and 1.6 for more information about the Trust). While the shares are held in Trust you can:
There are a few important points to note:
A share plan is a way for you to own part of the organisation you work for by owning shares. There are different features to different share plans, and Your Shares: Matched is one of our plans.
At Rolls-Royce, we're committed to building an inclusive workplace where all our colleagues feel valued and recognised for their role in our journey to become a high performing, competitive, resilient and growing organisation.
Your Shares: Matched allows you to invest some of your own money in our business, allowing you to experience the business as an investor. Our share price can go up as well as down. Only invest what you can afford.
Our Reward Team oversees Your Shares: Matched and has appointed a specialist Share Plan Administrator to administer it on our behalf – Equiniti Limited ('Equiniti'). They provide you with the tools you need – giving you access to your own online account to see and manage your shares.
Equiniti Share Plan Trustees Limited has been appointed as Plan Trustee and will hold the shares in Trust on your behalf. See questions 1.5 and 1.6 for more details.
If you already have a Rolls-Royce account with Equiniti your shares will be added to your existing account. If you don't have an account, then we will create one for you.
Your Shares: Matched operates under HMRC legislation. Under this legislation, the shares must be held in a trust for you until you either leave your job or decide to take the shares from the Plan. The shares must be kept in the Plan Trust for a specified number of years to give you the full tax benefits. See section 8, 'Tax' for more details.
The Plan Trustee is Equiniti Share Plan Trustees Limited. They are independent from Rolls-Royce and are legally bound by the Trust Deed and Rules of the Plan to act on your behalf and in accordance with your instructions. The Trustee may not sell shares held for you or exercise any rights attaching to your Plan Shares except under your instructions or unless you leave employment with Rolls-Royce. The Trustee will then sell a sufficient quantity of shares to meet any Income Tax and NI withholding liability which may arise.
Like many other companies, Rolls-Royce is divided into shares. Each share is a part of the business's total value, so anyone who owns a share owns part of our organisation and is entitled to benefit from our future profits. Someone who owns a share is called a shareholder.
The share price may fall or rise in value. This means there is a risk that the value you get back when you sell your shares may be less than the value that you invest. Many things impact the price of shares, including the external market and business performance. More information in relation to the Company, including its share price, can be found at https://www.rolls-royce.com/investors/investor-centre/share-price.aspx.
When investing you must also be aware of your tax obligations. Please see section 8, 'Tax', for more information.
In deciding how much to invest in Your Shares: Matched you need to consider how much you can afford; your appetite to risk (see question 2.2 What are the risks of investing in Rolls-Royce?), and whether you want to invest more than the matching limit of £50/month.
Owning part of Rolls-Royce means you can:
The value of Rolls-Royce shares is determined by the Stock Market and how many people want to buy or sell our shares at any time. Our share price can go up or down based on various internal and external factors, including:
It's normal to see small variations in share prices throughout the day, and sometimes larger variations over time.
All UK employees of participating companies are eligible to participate.
Employees who are globally mobile (on International Assignment) are not eligible to join (unless still UK tax resident, see question 3.4), and neither are contractors nor agency workers.
You can't participate in Your Shares: Matched if you:
Yes, and your minimum and maximum monthly investment amounts are the same as for all other employees.
If you currently participate in Your Shares: Matched and subsequently leave the UK to go on international assignment, any shares that you hold in the plan will remain there. The normal holding periods will remain in place.
For the duration of your assignment, you will not be able to make investments into Your Shares: Matched. This is because of the tax and administrative difficulties associated with running share plans for globally mobile employees. The exception to this may be those people on international assignment who remain UK tax resident for the duration of the assignment. In these cases, the Global Mobility Team will talk to you about how you may remain in the plan.
You can contribute so long as you are receiving a salary via payroll. If you are on zero pay you will not be able to invest. As soon as your salary resumes you will automatically start to contribute again.
No – so long as you meet the eligibility requirements you can participate in the plan.
Our specialist Share Plan Administrator, Equiniti, will contact you within a few weeks of joining to let you know how to access your account and how to join the plan.
If you are on the Clearance Required List, you must obtain clearance to deal before registering to participate unless you are already in the SharePurchase Plan. You can submit a clearance to deal request through the Insidertrack app or web portal.
During a closed period (at least 30 days prior to the release of our full-year and half-year financial results) members of both the Clearance Required and Closed Period Lists are prohibited from making an investment decision in Rolls-Royce, therefore you will not be able to join, leave or alter your contribution to Your Shares: Matched.
If you are unsure whether you need to seek clearance to deal or have questions regarding closed period restrictions, please check with our Governance Team at governanceteam@rolls-royce.com.
Investment Shares that you have purchased and Matching Shares you have received from Rolls-Royce will remain in Trust while you are still employed by the Rolls-Royce Group (or until you ask for them to be sold). Matching Shares and Dividend Shares will remain subject to the 3-year locking requirement.
If you leave employment with the Rolls-Royce Group, the shares will come out of Trust.
Your Shares: Matched is an investment plan with a match, where you are able to buy shares ("Investment Shares") from your gross (i.e. pre-tax) pay deduction each month. The minimum monthly investment amount is £5 a month and the maximum is £150 a month. For every Investment Share you buy Rolls-Royce will match this with a share (known as "Matching Shares"), up to a maximum investment of £50/month.
You can choose to invest more – up to a total of £150/month, but anything above £50 will not be matched – we are simply providing you with an easy and tax efficient way to buy Rolls-Royce shares.
For example:
Example 1
You currently pay 42% in Income Tax and National Insurance Contributions, and choose to invest £150:
Shares will be purchased each month, and the Matching Shares added to your account each month. The Investment Shares you purchase and the Matching Shares provided by Rolls-Royce will be held in Trust on your behalf (see questions 1.5 and 1.6 for more information about the Trust). While the shares are held in Trust you can:
There are a few important points to note:
A matching plan is a type of share plan where you are able to invest some of your own money in company shares, and the company that you work for will 'match' your investment up to a certain amount. The structure of plans such as this will vary, but we are offering a 'buy one get one free' arrangement, whereby every share that you buy in Rolls-Royce Holdings plc will be matched with one free share, up to a maximum value of £50 per month.
Your investment will be collected from gross, pre-tax pay. To find out more about holding periods and tax implications make sure you read the rest of the Q&A.
Each month you will buy Investment Shares and will be awarded Matching Shares. The Matching Shares are directly linked to the Investment Shares that you buy.
If you sell your Investment Shares that have Matching Shares linked to them within one year of purchase (the forfeiture period), you will lose the linked Matching Shares.
There are two circumstances that can lead to the forfeit of your Matching Shares:
You can invest between £5 and £150 of your gross, pre-tax pay each month.
Rolls-Royce will award you one free share (Matching Share) for each Investment Share you purchase up to a maximum investment of £50 each month. So if you invest £50 and the share price is £7.30, you will purchase 6 shares and will be matched 6 shares.
If you invest above the matching limit, you only receive a match on the first £50 invested. So if you invest £60 and the share price is £7.30, you will purchase 8 shares and will receive a match on the first £50, so will receive 6 Matching Shares.
Remember that your Matching Shares are directly linked to your Investment Shares. If you sell your Investment Shares that have Matching Shares linked to them within one year of purchase (the forfeiture period), you will lose the linked Matching Shares.
You can choose to invest more that the matching limit – up to £150/month, but anything above the £50 will not be matched – we are simply providing you with an easy way and tax efficient way to buy Rolls-Royce shares.
Yes. See question 2.2 (What are the risks of investing in Rolls-Royce?).
Rolls-Royce will cover the purchase commission fees so that your full contribution will be used to purchase shares.
You have until the 10th of the month to stop, start or change your monthly investment, and this will then take effect against the same month's salary.
Example 1:
Example 2:
Your Investment Shares will usually appear in your account within 1 working day of the purchase. Please see question 4.10 'What is the monthly schedule for Your Shares: Matched?' for more details.
Your Matching Shares will appear in your account on the same day as your Investment Shares. Please see question 4.10 'What is the monthly schedule for Your Shares: Matched?' for more details.
Any Matching Shares are locked – meaning that you cannot sell them or transfer them – for 3 years from their allocation date. The locked period is determined by HMRC.
When the Matching Shares are unlocked you can withdraw them from the Trust (this may be by selling them or transferring them to a broker). But if you withdraw them from the Trust before you've held them for 5 years there will be tax to pay. See section 8, 'Tax', for more details.
No – the plan is evergreen, meaning that once you register to participate you will remain in the plan until you decide to stop participating.
Yes – you can stop, start or change your investment at any time. However, you need to make changes by the 10th of the month, for the changes to be effective in that month's pay:
Example 1:
Example 2:
To change your monthly investment you'll need to log on to your account. Once you've logged in go to 'My Investments', and then 'Your Shares: Gifted & Matched'. You'll need to click on 'manage my investments' on the top right-hand side of the screen and follow the steps.
Yes, you can stop, start or change your investment at any time, subject to the monthly schedule described in question 4.10 'What is the monthly schedule for Your Shares: Matched?'.
It is likely that there will be some money left over after the shares have been purchased each month – this is because the amount you invest is highly unlikely to purchase an exact whole number of shares. Any money left over will be carried forward and added to your investment for the next share purchase. For example:
There are possible tax and/or forfeiture implications, depending on when you withdraw (this may be selling them or transferring them to a broker) your shares from the Trust.
You will normally need to pay Income Tax and National Insurance Contributions if you withdraw your Investment Shares from the Trust less than five years after their allocation date – see section 8, 'Tax', for more details.
If you sell any Investment Shares that have Matching Shares linked to them within one year of purchase (the forfeiture period), or you are dismissed from employment, you will lose the linked Matching Shares.
If you leave the Company different rules apply – see section 7, 'Leavers' for more information
If you sell shares from Your Shares: Matched, then shares that were acquired and held in the plan for the longest period are sold first.
No. You will get a match which equates to the whole number of shares that you have purchased in that month up to a maximum of £50, rounded down to whole share. So for example, if you invest £50 and the share price is £8, you will purchase 6 shares and will receive a match of 6 shares (which is valued at £48).
Look out for an e-mail over the coming weeks inviting you to join the plan. You'll need to activate your Equiniti account using the details on the e-mail. Once you have an account you can access it via single sign on – see the 'Your Account' section for the single sign on link, and a registration 'how to' guide.
If you are a new joiner, see question 5.1. If you are an existing employee then go to the 'Your Account' section of this site, and access the Equiniti account using the single sign on link. If you haven't activated your account previously, you'll need to do this (a registration guide can be found in the 'Resources' section).
Once you've logged in go to 'My Investments', and then 'Your Shares: Gifted & Matched'. You'll need to click on 'manage my investments' on the top right-hand side of the screen and follow the steps.
The plan is an evergreen plan – which means that once you have signed up you will continue in the plan with the same deduction every month until you stop or change this.
You can sign up to the plan, and stop, start or change your deductions at any time. However, you need to make changes by the 10th of the month, for the changes to be effective in that month's pay:
Example 1:
Example 2:
No – the plan is evergreen, which means that once you have signed up you will continue in the plan with the same deduction every month until you stop or change this.
If you work in a factory and you don't have regular access to e-mail you will receive a letter to your registered home address.
You can join the plan, as well as stop, start or change your contributions at any time.
No, once the monthly deadline has passed then you cannot change your mind for that month. You can of course make changes (including stopping your investment) for future months.
You will normally need to pay Income Tax and National Insurance Contributions if the shares are sold less than five years after their allocation date – see section 8, 'Tax', for more details.
If you sell any Investment Shares that have Matching Shares linked to them within one year of purchase (the forfeiture period), or you are dismissed from employment, you will lose the linked Matching Shares.
If you leave the Company different rules apply – see section 7, 'Leavers' for more information
Your Matching Shares are locked for a period of 3 years following their allocation date.
Once your Matching Shares have unlocked you can sell or transfer them at any time. However, you will normally need to pay Income Tax and National Insurance Contributions if the shares are sold less than five years after their allocation date. See section 8, 'Tax', for more details.
If you leave the Company different rules apply – see section 7, 'Leavers' for more information
See question 4.4, 'In what circumstances can I lose (forfeit) my Matching Shares?'
Your Matching Shares are locked for a period of 3 years following their allocation date.
Once your Matching Shares have unlocked you can withdraw them from the Trust (sell or transfer) them at any time. However, you will normally need to pay Income Tax and National Insurance Contributions if the shares are sold less than five years after their allocation date. See section 8, 'Tax', for more details.
If you leave the Company different rules apply – see section 7, 'Leavers' for more information.
Once you have logged in go to 'My Investment' Click the 'View Plan' button on 'Your shares: Gifted & Matched'. This will take you to the Your Shares plan summary page. Select the 'Transfers and sales' tab, under the completed section will show a list all sales/transfers performed in the last 12 months, or you can select a date range.
Click on the sale you wish to view the details of and the 'Sale advise', which provides all trade information, will be displayed. This can also be downloaded in PDF for your records.
Yes. If you sell your shares the costs are taken from the sale proceeds, meaning you'll receive the value of the shares you've sold, minus any costs. If you transfer your shares you'll pay a transaction fee. Details of these fees will be made available to you before you instruct any transaction.
Any fees associated with the sale or transfer of shares are payable to Equiniti. Rolls-Royce does not take any fees from colleagues in connection with these.
Depending on when you sell your shares, you may also be liable for taxes. See section 8, 'Tax' for more information.
Depending on when you sell your shares there may be tax to pay.
If you're on paid leave and you continue to be paid via payroll you can continue to participate in Your Shares: Matched.
When you leave Rolls-Royce any shares that you hold in Trust (Investment Shares, Matching Shares and Dividend Shares) will come out of Trust.
The following shares are yours to keep:
How the shares are taxed depends on your leaving reason.
Favourable leavers
Favourable leavers are those who leave due to:
If you are a favourable leaver then:
Unfavourable leavers:
Unfavourable leavers are those who leave due to:
If you are an unfavourable leaver then:
See question 8.3 for more details.
Remember the information provided is only a guide – tax regulations can be complex and responsibility is personal to you. If you need additional support, please consult a qualified financial and/or tax advisor.
Please note that neither Equiniti Share Plan Trustees Limited, Equiniti Limited nor Rolls-Royce may offer personal tax or financial advice.
You will be sent a leaver pack by post detailing all your options and how to proceed.
So long as you are still employed when you are paid (usually the 28th of the month, or earlier in December or if the 28th falls on a weekend), then your payroll deduction will be taken as normal and transferred to Equiniti, and it will be used to purchase shares – even if the purchase takes place after you have left. The match will be applied.
If you leave before you are paid (for example you leave on the 17th of the month and receive your final payment on the 28th) then you are not eligible to participate in Your Shares: Matched in that month. The payroll team will attempt to stop your payroll deduction, but depending on timings this may not be possible. In the event that a deduction is made, this will be returned to payroll from Equiniti, who will deduct Income Tax and NIC and return the remainder to you.
Equiniti will write to you when you leave letting you know what your options are in relation to your shares (you can choose to sell them or transfer them into the Equiniti Corporate Sponsored Nominee (CSN) account). If you do not respond to the letter within the specified time period (30 days) the default will be for your shares to be transferred into the CSN.
See question 7.2, and also section 8, 'Tax' (specifically question 8.3) for more details.
There may be a residual cash balance left over from your monthly purchases, this balance will always be less than the price of one share (for example, if you invest £50 per month and the share price when you purchase them is £4.80, you will purchase 10 shares, and there will be a £2 residual balance). When you leave any residual balance will be returned to the local payroll who will deduct any applicable taxes and return the remainder to you.
Your leaver pack will be issued to your registered home address. If you move house after you have left Rolls-Royce, you can update your home address on your account. Once logged in select the 'My details' tab. Scroll down to 'My address' and select 'change'. You will then be able to update your home address. Note: While employed by Rolls-Royce, any home address change that you register on Workday will automatically update your Equiniti Account.
To ensure you get all relevant news and information about your shares, you should also keep your e-mail address up to date on your Equiniti share account.
To add your personal e-mail address you'll need to log on to your account, select the 'My details' tab, scroll down to 'My contact details' and select change. You will then be able to update and submit the 'Work email address' field to your personal email address.
Depending on your leaving reason (see question 7.2) there may be tax to pay on your shares when you leave.
Yes. If you still have shares, you're a Rolls-Royce shareholder, and eligible to receive dividends whenever we decide to make them.
You will be able to re-join Your Shares: Matched.
The Reward team will contact your local HR team to understand who your named beneficiaries are and get their contact details. We will then inform Equiniti and work with them to ensure that your shares are transferred to your beneficiaries once the probate process is complete.
Yes, there are a number of tax advantages:
If you leave the Company different rules apply – see question 8.3 for more information.
Please see the table below for full details:
In addition to the above, no Capital Gains Tax (CGT) is payable on any increase in the value of shares while they are in trust or when you withdraw / sell them. You may have to pay CGT if you've withdrawn the shares from the trust (i.e. to hold the shares with your own bank or broker) and later sell them.
If you leave due to dismissal you will lose any Matching Shares that you've been awarded in the previous 12 months.
If you leave due to resignation or dismissal you will be taxed on any shares held in Trust as follows:
When Income Tax and National Insurance Contributions obligations arise at the point that shares are released from the Trust the taxable value will be processed by the local payroll team, and included in your Taxable Pay (as shown in your P60 or P45, as necessary).
In the event that you sell any of the shares released to you at a later date, you have a personal responsibility to disclose that sale to HMRC (by considering if the details need to be included in your personal tax return). If you still have concerns about tax, you should contact a qualified financial and/or tax advisor.
No Capital Gains Tax (CGT) is payable on any increase in the value of shares while they are in trust or when you withdraw / sell them. You may have to pay CGT if you've withdrawn the shares (this may be when you leave, or if you choose to transfer the shares to a broker of your choice) from the Trust and later sell them. In this case CGT will be payable on the difference between the market value of the shares when you withdraw them from the Trust, and the market value when you sell them.
Paying CGT is a personal responsibility.
You can transfer up to £20,000 of shares from the Trust into an ISA. So long as this is done within 90 days of removal from Trust there will be no Capital Gains Tax (CGT) payable. These shares will count towards your £20,000 ISA limit.
If you would like to transfer shares to an ISA, please call the Employee Helpline
+44 (0)333-207-6388 and request a transfer form.
Tax is complex and personal. If after having checked all answers in this Tax section as well as reading your country tax guide in the 'Resources' section of the Hub, you still have concerns about tax, you should contact a qualified financial and/or tax advisor.
You can view your shares and stop, start or change your investment in your Equiniti account at any time. You'll be able to see how many shares you have, their estimated current worth and, if your shares are locked, how long you need to wait until they unlock.
You'll receive updates and notifications from Equiniti by email or through your account. To make sure you get these updates, keep your contact details up to date on your account. This is particularly important if you don't have a Rolls-Royce work email and use a personal email address.
To add your personal e-mail address, you'll need to once logged in select the 'My details' tab. Scroll down to 'My contact details' and select change. You will then be able to update and submit the 'Work email address' field to your personal email address.
Yes – but there are different rules for your different pots of shares:
Investment Shares:
There are possible tax and/or forfeiture implications, depending on when you withdraw your shares from the Trust (this may be selling them or transferring them to a broker).
You will normally need to pay Income Tax and National Insurance Contributions if you withdraw your Investment Shares from the Trust less than five years after their allocation date – see section 8, 'Tax', for more details.
If you sell any Investment Shares that have Matching Shares linked to them within one year of purchase (the forfeiture period), or you are dismissed from employment, you will lose the linked Matching Shares.
Matching Shares:
Your Matching Shares will be locked for a period of 3 years from allocation. You cannot sell or transfer your Matching Shares while they are locked. Once the shares have unlocked you can withdraw them from the Trust, but there is usually Income Tax and National Insurance Contributions to pay if you withdraw them less than 5 years from their allocation date. See section 8, 'Tax' for more details.
Dividend Shares:
Your Dividend Shares will be locked for a period of 3 years from allocation. You cannot sell or transfer your Dividend Shares while they are locked. Once the shares have unlocked you can withdraw them from the Trust with no Income Tax or National Insurance Contributions to pay. See section 8, 'Tax' for more details.
Note that there are different rules for leavers – see section 7, 'Leavers' for more information.
When you sell your shares, it needs to be in line with our Dealing in Securities Policy
This will be visible on your Equiniti account under 'transactions'.
If you sell your shares you will pay a commission fee of 0.2%, with a minimum fee of £25. If you sell your shares any associated costs are taken from the sale amount, meaning you'll receive the value of the shares you've sold, minus any costs. Details of these fees will be made available to you before you instruct any transaction.
Any fees associated with the sale of shares are payable to Equiniti. Rolls-Royce does not take any fees from colleagues in connection with these.
You may also be liable for taxes. See section 8, 'Tax' for more information.
No, you can only manage shares acquired from Rolls-Royce share plans in your account.
Deductions from your pay to buy Investment Shares may affect your entitlement to or the level of some contributory social security benefits, statutory maternity pay, statutory neonatal care pay and statutory sick pay.
They may also have a similar effect in respect of some contributory social security benefits paid to your spouse or civil partner.
You can find information on the effect of deductions from your pay to buy Investment Shares on entitlement to social security benefits, statutory maternity pay, statutory neonatal care pay and statutory sick pay on the HMRC website (link below). It is important that you read this to understand how this may impact you. The effect is particularly significant if your earnings are brought below the lower earnings limit for National Insurance purposes and is explained in the information booklet: "Share Incentive Plans and your entitlement to benefits" (IR177) which sets out details of how investing in the Plan may affect these benefits.
Your personal data is processed for the purpose of the smooth implementation, termination and administration of the Share Plans and the sale of your shares. Without the required personal data, you will not be eligible to participate in Rolls-Royce's share plans.
To find out more about the legal basis on which your data is processed please review the Employee Share Plans Privacy Notice, which can be found in the 'Resources' section.
You can find a copy of the privacy notice by going to the 'Resources' section.
Please raise a request in the 'Support' section. Please note that if you already participate in a share plan, or have participated in the past, it may not be possible to delete your data immediately. This is because of global tax and reporting requirements associated with financial products.
If you currently participate in Your Shares: Matched and subsequently leave the UK to go on International Assignment, any shares that you hold in the plan will remain there. The normal holding periods will apply.
For the duration of your assignment you will not be able to make investments into Your Shares: Matched. This is because of the tax and administrative difficulties associated with running share plans for globally mobile employees. The exception to this is those people on international assignment who remain UK tax resident for the duration of the assignment. In these cases the Global Mobility Team will talk to you about how you remain in the plan.
For the duration of your assignment you will not be able to make investments into Your Shares: Matched. This is because of the tax and administrative difficulties associated with running share plans for globally mobile employees. The exception to this is those people on international assignment who remain UK tax resident for the duration of the assignment. In these cases the Global Mobility Team will talk to you about how you remain in the plan.
If you currently participate in the UK SIP part of Your Shares: Matched, any shares that you hold in the plan will remain there until you choose to sell them or you leave employment with the Rolls-Royce group.
So long as Your Shares: Matched is operated in your new location, you will be invited to participate.
So long as Your Shares: Matched is operated in your new location, you will be invited to participate. There are a small number of countries where we are unable to operate Your Shares: Matched.
When we make a profit, some of that profit may be paid out to our shareholders – this is called a dividend. If a decision is taken to make dividend payments, all shareholders – including our colleagues with shares – are entitled to a part of these profits.
If Rolls-Royce decides to issue dividends you'll be eligible for these straight away on any Investment Shares that you've bought and on any Matching Shares provided by Rolls-Royce.
The default position will be for any dividends received to be automatically reinvested to purchase further Rolls-Royce shares – known as Dividend Shares. This Dividend Reinvestment process is managed on your behalf, so no action is needed by you – see questions (2.8 How will dividends work under Your Shares: Matched?) and (2.9 How much will I earn in dividends?) for more details. If you'd prefer to receive any dividends in cash, you can do so – see question 13.5 for more details.
Anyone who owns a Rolls-Royce share can vote at shareholder meetings (via the Trustee) on important company matters, such as company policy and key decisions as to how the organisation is governed. This includes colleagues who own at least one share. Each share gives one vote, so the more shares you have, the more votes you have.
You'll be able to vote using the shares you purchase and the Matching Shares provided by Rolls-Royce. We'll let you know when there's a vote that you can take part in.
If Rolls-Royce decides to issue dividends you'll be eligible for these straight away on any Investment Shares that you've bought and on any Matching Shares provided by Rolls-Royce. Either when you apply to join the Plan or at any other time you can select how to receive your dividends – Cash or reinvested to purchase further Rolls-Royce shares – known as Dividend Shares. See questions 13.4 and 13.5 for more details.
When you join the plan you will be able to select how you would like to receive your dividends – cash or reinvested to purchase further Rolls-Royce shares – known as Dividend Shares.
This Dividend Reinvestment process is managed on your behalf if you have elected to have your dividend reinvested.
An example of the Dividend Reinvestment process is below:
Dividend Shares are locked for 3 years following their purchase date, after which there is no Income Tax or National Insurance Contributions to pay. For details of what happens if you leave Rolls-Royce before the Dividend Shares unlock, please see question 8.3.
If you wish to change how you receive your dividends, you can do so – see question 13.5 for more details.
For more information about how Rolls-Royce makes distributions to shareholders visit Payments to shareholders.
If you'd prefer to receive any dividend as cash/reinvest you will need to submit an instruction via your account. Once you are logged on, go to 'My Investments', and click on 'Your Shares: Gifted and Purchased', where you will find the link 'switch to cash dividends/shares' located in the top right-hand corner. Click on the link and follow the instructions to change your dividend preference to 'Cash/Shares'. Depending on your personal circumstances you may have to pay tax on cash dividends. Please refer to https://www.gov.uk/tax-on-dividends for more information.
How much of Rolls-Royce's profit you receive depends on many factors, including:
Dividend Shares will be worth the same per share as any other Rolls-Royce ordinary shares you may own.
Dividend Shares are locked for 3 years following their purchase date. You may continue to hold them in trust indefinitely, for example until you leave employment with Rolls-Royce. If Dividend Shares are sold after at least 3 years, no Income Tax will arise. If you leave employment with Rolls-Royce within 3 years following the purchase date of Dividend Shares then you may have to pay Income Tax – please refer to section 8. Tax
The same restrictions apply to Dividend Shares if you are on the Clearance Required List, you must obtain clearance to deal before selling your Dividend Shares. You can submit a clearance to deal request through the Insidertrack app or web portal.
During a closed period (at least 30 days prior to the release of our full-year and half-year financial results) members of both the Clearance Required and Closed Period Lists are prohibited from making an investment decision in Rolls-Royce, therefore you will not be able to sell your Dividend Shares during that period.
If you are unsure whether you need to seek clearance to deal or have questions regarding closed period restrictions, please check with our Governance Team at governanceteam@rolls-royce.com.
See section 8. Tax
No. If you participate in SharePurchase you will automatically be enrolled in Your Shares: Matched. The Terms and Conditions of the plan have changed and you received a letter in relation to this in May 2025. To view the updated terms and conditions go to your Equiniti account and you will see the Share Plan Agreement in the 'documents' section.
There is no impact to any shares that you've purchased in the SharePurchase plan. The shares will remain in Trust, and will remain subject to the same tax rules. Matching shares will be awarded on any shares purchased from July 2025.
You can find your SharePurchase shares by going to 'My Investments' and then 'Your Shares: Gifted & Matched'.
All of the shares held in the Trust will be held under the terms of the same share plan rules, those of the "Rolls-Royce SharePurchase Plan" (the "SPP"). Under the terms of the SPP, any shares sold must be identified on a "first in, first out" basis, i.e. the oldest shares must always be sold first. This includes any shares issued under the ShareBonus plan (which was stopped in 2016); any Shares purchased under the SharePurchase Plan; and any shares purchased/issued under Your Shares Gifted and Your Shares: Matched. If you request a sale of shares, Equiniti will automatically manage your sale on a first in first out basis.
Equiniti are our specialist Share Plan Administrator, who manage Your Shares: Matched on our behalf. They provide an online portal, giving you a personal online account.
This is where you can:
Login with single sign-on:
Simply click here to access your Equiniti share account
Visit: www.esp-portal.com/clients/rolls-royce
Click 'Register' and enter your
Equiniti account number*
Follow the step-by-step process in our How-to guide for more details.
* Account number: You can find this on your share plan welcome letter/email and all share plan communications from Equiniti.
Haven't received your account number? Contact us using the details in the 'Support' section below.
If you have any questions or would like to provide feedback, complete the form below.
If you have any questions about your share account, including how to access, contact Equiniti.
Call (UK and Intl):
+44 (0) 333 207 6388
Email:
myshareplan@equiniti.com
The Contact Centre is open 8:30am – 5:30pm UK time Monday to Friday, excluding public holidays in England and Wales.
