RE: Paid 333p23 Nov 2018 09:35
Hi JB, the link is to the RM share scheme details. It can be found on the RM website under 'Partnership and Matching booklet July 2018'. The calculations are my own. 0ver 140,000 employees, £100 a month but say half take part = £7m a month. Stock is bought 15th of every month. RNS's of director taking part in scheme give price paid, scheme started October so checked all trades at that price on 15th October and found one at matching price for around 1,670,000 = £5.7m. then checked trades for 15th November at price paid by director and found one for 1,730,00 = £5.7m (sp had gone down so more shares bought). My guess was £7m a month, evidence for it being £5.7m a month, Lets see on 15th December if there is a matching trade to confirm it but regardless the figure is around that amount. Such a large buy every month can only move the sp up in the long run but who knows what games will be played for MMs to get stock? All IMHO