2015 Sharesave Maturity - Take off with Sharesave Your WH Smith 2015 Sharesave contract is maturing - which is - Computershare
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2015 Sharesave Maturity
Take off with Sharesave
Let’s go
Your WH Smith 2015 Sharesave
contract is maturing - which is
really great news for you.All you have to do now is decide what to do
with your savings!
Just use STEPS 1 & 2 in this guide to make your choice.
STEP 1 Choose from one of the following...
CHOICE 1 CHOICE 2 CHOICE 3
KEEP your WH Smith PLC shares in the Vested Share KEEP your WH Smith PLC shares in your own name in SELL some or all of your WH Smith PLC shares
Account (VSA) the form of a share certificate
Use your savings to buy your WH Smith PLC shares
Use your savings to buy your WH Smith PLC shares Use your savings to buy your WH Smith PLC shares at £11.472 per share, SELL some or all of them and
at £11.472 per share and KEEP them to become a at £11.472 per share and KEEP them to become a receive the proceeds directly to your nominated bank
WH Smith PLC shareholder. Your shares will be WH Smith PLC shareholder. A share certificate will be account within 3 working days from the sale date. If
held electronically with Computershare in an online sent to your registered address by Computershare. you choose to sell some of your WH Smith PLC shares
nominee account. As a shareholder you will be As a shareholder you will be entitled to receive any the remaining shares will be held electronically in the
entitled to receive any dividends paid by the Company, dividends paid by the Company, vote at shareholder VSA or you can request a paper share certificate.
vote at shareholder meetings and receive all other meetings and receive all other information sent to The cost for selling your shares is as follows: A
information sent to shareholders. Your shares will be shareholders. dealing charge of 0.35% of the value of the transaction
held electronically with Computershare, without the subject to a minimum fee of £15.00 will apply.
need for a share certificate and you will have access
to “real time” trading facilities, should you choose to
sell your shares at a later date.
You may decide NOT to take Choices 1, 2 or 3 and just withdraw your savings. By doing this you would MISS OUT on any difference between the share option
price and the market price of the shares – please see the example on the next page. If you want to take a repayment of your savings you can
do so online via the Computershare website after the maturity date of 1 August 2018 (Maturity Date). If you change your mind at a later
date and wish to buy the shares you have the 6 month Exercise Period from your Maturity Date to buy the shares. Please note your
option will lapse 6 months from your Maturity Date.
Step 1
Step 2 Maturity Calculator Key dates Your Questions answered Contact usSTEP 2 Submit your instruction to buy your shares...
It’s easy just: An Example of how it might work
• Follow the online exercise process at Option Price £11.472 - Based on an example WH Smith share price of £19.69*
www.computershare.com/whsmithshareplans. You will need your
User ID and your Personal Identification Number (PIN). If you have Monthly Savings Savings at Number of Shares Based on a share
forgotten your PIN you can obtain it by clicking on the ‘Forgotten Amount Maturity Under Option price of £19.69
PIN?’ link on the website and follow the instructions. If you have not your shares could
previously registered online your PIN will be set to your date of birth, be worth*
in a six digit format (DDMMYY). £50 £1,800 156 £3,071
•F ollow the onscreen instructions and then click ‘Submit’
If you decide NOT to take Choice 1, 2 or 3 and just withdraw your savings this would total
•C heck your Personal Details please check your name and address
£1,800. By doing this you would not benefit from any difference between the option price and
details, if these are incorrect please visit ‘My Profile’ to provide an update.
market price of the shares, and in the above example, MISS OUT on the £1,271 difference.
EU legislation Markets in Financial Instruments Directive 2 (MiFID II)
By using the Maturity Calculator on the next page, you can see at a glance how it might work
requires Computershare to confirm some additional personal details.
for you.
Computershare requires your full name, date of birth, Nationality and
National ID before they can complete some transaction requests. When * The example share price shown is for illustrative purposes only. Please note that there is an element of risk in
investing in shares. Share prices can go down as well as up. Computershare and WH Smith are not permitted to give
you log into your online account you will be prompted to enter or confirm investment advice. If you are in any doubt you should consult an independent financial adviser.
your details if you have not done so already. Find out more and read the
frequently asked questions on our dedicated information page.
Step 2
Step 1 Maturity Calculator Key dates Your Questions answered Contact usMaturity Calculator
3 Year (36 months - Option Price £11.472 )
You can view the current WH Smith PLC share price here.
Enter savings amount: £ 5.00 This is the amount of money you had deducted from your pay each month.
Number of shares: 15 This is the total number of shares that you can buy with your total savings.
If you do not sell all of your exercised shares you can choose to transfer the balance of your shares to the VSA
Shares you wish to sell: 0
or receive a share certificate.
This is the price you expect WH Smith PLC shares to be worth on the London Stock Exchange when you
Enter expected sale price: £ 0.00 exercise your option to buy and sell them.
This is the value of your shares before dealing commission is deducted.
Estimated gross value: £ 0.00 Please note that a dealing charge of 0.35% subject to a minimum fee of £15.00 will apply to each sale of shares.
Commission charged: £ 15.00 This is the dealing commission you will be charged for selling your shares on the London Stock Exchange.
Estimated net value: £ 0.00
This is for guidance only.
Maturity Calculator
Step 1 Step 2 Key dates Your Questions answered Contact usKey dates
Allotment Summary
5pm on 26 July 2018 1 August 2018 31 January 2019
Allotment: Paper Instruction to be Online Instruction to be Shares Allotted/Sold:
Deadline for Sharesave The day on which received by: received by:
instructions Maturity Date your option to First Allotment Thursday 5pm Thursday 5pm Wednesday
for the first (this may be later buy shares at 26 July 2018 26 July 2018 1 August 2018
allotment on if you have missed the option price
Second Allotment Tuesday 5pm Wednesday Midday Monday
1 August 2018. any payments). lapses.
31 July 2018 1 August 2018 6 August 2018
Weekly Allotments Thursday 5pm Friday Midday Thursday of the
following week
Allotment Prior To Thursday 5pm Friday Midday Thursday
Christmas Period 13 December 2018 14 December 2018 20 December 2018
New Year Allotment Thursday 5pm Friday Midday Thursday
27 December 2018 28 December 2018 3 January 2019
Final Allotment Thursday 5pm Thursday 5pm Tuesday
31 January 2019 31 January 2019 5 February 2019
Key dates
Step 1 Step 2 Maturity Calculator Your Questions answered Contact usYour Questions answered
What is the Exercise Period? each Thursday (subject to public holidays) during the exercise your share option (within six months from
The Exercise Period is the period of 6 months starting 6 month Exercise Period until the final allotment date, your revised Maturity Date) after the final processing
on the Maturity Date during which you can choose to Tuesday 5 February 2019. Please refer to the Allotment day of 31 January 2019. For any such instructions
exercise your option and buy the shares at the option Summary on the Key dates page. accepted after the final processing day please refer to
price with your savings or withdraw your savings as cash. What if I have missed some monthly payments? the weekly allotment timetable on the Key dates page.
How many shares can I buy? Currently you can miss up to a maximum of 6 monthly What charges will I pay if I sell my shares?
The number of shares you can buy can be found payments. From the 1st September 2018 the number If you choose to exercise your option and sell some or
under ‘My Holdings’ on the Computershare website at of missed payments is changing from 6 months to 12 all of your shares using the dealing service offered by
www.computershare.com/whsmithshareplans and is months. This means that from this date the most you Computershare a dealing charge of 0.35% subject to a
shown on the email or letter you have been sent by can miss is the equivalent of 12 monthly payments minimum fee of £15.00 will apply to each sale of shares.
Computershare. (these can be separate periods of one or more months If I choose to sell my shares, when will the sale
How long do I have to decide? or a single 12 month period). If you do so: proceeds be sent to me?
You have 6 months from your Maturity Date shown All sale proceeds will be paid directly to your nominated
• You have to ‘extend’ your Savings Contract by the
on your online account to decide what to do. After 6 bank account 3 business days after the trade date
number of months you miss so that you make a total
months you can take your savings as cash but you will provided Computershare has received settlement
of 36 monthly payments, the date you can exercise
be unable to buy shares at the option price as your funds from the broker.
option will automatically lapse. your option will be postponed by each month missed;
• You cannot increase the amount of your subsequent
Next
When will the shares be allotted?
The first allotment will be on Wednesday 1 August 2018 monthly contributions to make up for missed payments.
and the second allotment will be on Monday 6 August If you have missed a contribution or contributions
2018. Thereafter, there will be a weekly allotment into your savings account you still have the right to
Your Questions answered
Step 1 Step 2 Maturity Calculator Key dates Contact usYour Questions answered
What happens to any residual amount? You will also have ongoing access to “real time” trading amount of capital gains each year without paying tax.
Any residual balance from the exercise of your option facilities should you choose to sell your shares at a The 2018/2019 Capital Gains tax allowance is £11,700.
(which will be less than the option price of £11.472) later date. Please ensure you read the Computershare Tax is usually dependent upon your own personal
will be donated to the WH Smith Group Charitable terms and conditions of the VSA which can be found situation and you should seek specific tax advice from
Trust (an independent registered charity) unless you on the maturity instruction screens before submitting your own independent professional adviser.
indicate otherwise when completing your exercise your online instruction. How do I withdraw my savings?
instruction. If you do not wish to make a charitable If I transfer my shares to the VSA, what happens to To withdraw your savings as cash you can do so online at
donation your residual balance will be paid to you. any dividends payable? www.computershare.com/whsmithshareplans. If you
Where can I check the current share price for WH Dividends received on shares held in the VSA will subsequently decide to exercise your option within
Smith ordinary shares? be paid in cash. Please find more details in the VSA the 6 month Exercise Period you should contact the
The WH Smith PLC share price is quoted on the London FAQ which can be found under ‘Company Info’ on the Sharesave team on 0371 495 0100.
Stock Exchange and the previous day’s price can be found Computershare website. What happens if I leave WH Smith?
in the financial press. The share price is also displayed at If I choose to keep my shares and request a share If you have recently left WH Smith and the reason for
www.whsmithplc.co.uk/investors/share_price/ certificate, when will I receive the certificate? leaving was transfer of business, redundancy, ill health
Please note the quote provided via the website has a A share certificate will be despatched by Computershare retirement or retirement at normal age (your State
20 minute delay. within five working days of the shares being transferred Pension age) you may exercise your option within the
What is a Vested Share Account (VSA)? into your name. 6 month Exercise Period or within 6 months of your
The VSA is an online nominee account that has been What about tax? date of leaving, if earlier than the Maturity Date.
set up to hold your shares electronically on your No income tax will be due when you exercise your If your reason for leaving was resignation you are no
behalf by Computershare. The VSA allows you to hold option to buy shares. If you sell your shares you may longer eligible to exercise your option.
your shares safely and securely without the need for be liable to Capital Gains Tax. You have an annual
certificates or to set up your own brokerage account. allowance which means you are able to make a certain
Your Questions answered
Step 1 Step 2 Maturity Calculator Key dates Contact usContact us
Contact Computershare for more information:
Via the internet: www.computershare.com/whsmithshareplans
By email: whsmith@computershare.co.uk
By telephone: 0371 495 0100
Lines are open from 8.30am to 5.30pm (UK time) Monday to Friday (excluding public
holidays). Calls to this number are charged at 8p per minute from a BT landline. Other
telephony provider’s costs may vary.
This brochure is a guide to the WH Smith PLC Sharesave Scheme. In the event of any
inconsistency between this brochure and the rules of Sharesave and any applicable
legislation, the rules of Sharesave and any applicable legislation will prevail. References
made to taxation are for guidance only.
Contact us
Step 1 Step 2 Maturity Calculator Key dates Your Questions answered
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