Congratulations!
Your ShareSave is reaching maturity!
You've been saving into the 2021 ShareSave for 3 years, or the 2019 ShareSave for 5 years, and now it's time to reap the rewards!
We're making great progress on our journey to becoming the high performing, competitive, resilient and growing business we have the potential to be. This progress is reflected in our share price which has increased materially in recent years. As a result, many colleagues whose ShareSave is maturing will be in line for a significant gain. Your gain will depend on how much you saved, and when you decide to sell your shares.
Your gain is a testament to our collective hard work and contribution to executing our strategy. We are delighted that you will have this opportunity to benefit from our combined success.
#WinningTogether
At maturity you will have the option to:
Buy the shares and transfer to the Equiniti Global Nominee Service
Buy the shares and transfer to the EQi Flexible Stocks and Shares ISA
Buy and sell
The increase in share price over recent years means that when you decide to sell your shares you're likely to make a significant profit. And when Rolls-Royce wins, we all win! Here's the good news: you won't need to pay income tax on your gains when you buy or sell your shares.
However, when you sell your shares your gain may be subject to Capital Gains Tax (CGT) depending on your personal situation and the decisions you make. There are tax efficient ways of managing your ShareSave maturity – including putting your ShareSave shares into a Stocks & Shares ISA.
Watch this video for details.
We'll also be providing additional resources and information throughout January to help you decide.
Over the past 3 or 5 years, you've been saving a fixed amount directly from your net pay. If you've missed no monthly contributions, your final payment will be in December 2024. Your ShareSave matures on 1 February, and from that point you'll have 6 months to decide what to do with your savings.
If you've missed any payments (up to a maximum of 12), your ShareSave maturity will be delayed to allow you to continue making monthly contributions from your pay to complete your savings contract.
If you've missed more than 12 payments your ShareSave will have lapsed, and you've lost the right to purchase the shares.
Check out the latest share price here.
Please refer to the Brochure or the Q&A for further details in relation to when your shares will arrive in your ISA/Global Nominee (or your funds arrive in your bank account) once your instruction has been made.
Important Note: If you missed any contributions, your savings period will be extended by one month for each missed payment. If you have missed more than 12 contributions your ShareSave will have lapsed and you've lost the right to purchase the shares.
If you are a PDMR or on the Clearance Required List remember that we are in a closed period from 1 January 2025 until the release of our full year results, currently scheduled for 27 February 2025. You will not be able to make an instruction relating to your ShareSave during this period. You will be notified as soon as the closed period ends and you must obtain clearance to deal before giving an instruction to exercise your option. You can submit a clearance to deal request through the Insidertrack app or web portal, choosing the option 'ShareSave – Buy shares during the maturity window'.
If you are unsure whether you need seek clearance to deal, check with the Governance Team at governanceteam@rolls-royce.com.
We'll be sharing more detailed information and resources throughout January to help you make an informed choice.
Stay tuned for updates!
Equiniti are our specialist Share Plan Administrator. They manage ShareSave on our behalf, giving you a personal online account, where you can:
Login with single sign-on:
Simply click here to access your Equiniti share account
Follow the step-by-step process in our How-to guide for more details.
* You'll need your Equiniti account number, which you can find on your share plan welcome letter/email and all share plan communications from Equiniti.
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.
