RE: Decent bump back up recently24 Feb 2026 15:44
As one of those employees, todays share price gives a profit of over £6000 on the shares I am due, I won't be selling immediately as will many others. The lowering of the CGT rates means many will now be within the tax band and are planning a split sale or transfer into an ISA then sell.
So you can expect 2 dips one on March 02 (the earliest they could be sold depending how competent MUFG are, I am not hopeful) or later if they cannot be sold immediately. Another after April 06 in the new tax year as they can split the gains across 2 tax years. You will also get the drip effect as those who take the ISA option sell when the opportunity arises.
Some, less informed, will sell immediately all shares but hopefully where they have been employed has given them the knowledge that £3000 or more profit incurres tax.
Myself, as I have Sainsburys as over valued, I will be getting out at a high price and use the proceeds elsewhere, not shares currently, but then I have more Sainsburys shares due in coming years between £2 and £2.13 plus I hold shares in the SSPP which are tax bound for a bit they get released starting in 2027.
So far there has been no sharesave for 2026 nor any date when it will be available (used to be November the pervious year for sign up) not that I would be taking up the option with current share price (would be around £2.80 - £2.90). Read into that what you will the official line is they took on board feedback from staff that November was a bad time for the offer due to Xmas being close. No one has been able to find any of these staff who provided this feedback.
But at the same time as it was due they changed provider from Equiniti to MUFG and there was a potential share swap, which they decided against, which would have complicated matters. I think this is more the reason they decided to postpone rather than any feedback from staff because if it was feedback from staff and they decided to listen and act it would be a first in my experience.
Good luck all hopefully the sun shines for you.