You can always count on Asda Sharesave for a safe return! - A guide to help you start saving - Computershare
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You can always
count on Asda
Sharesave for
a safe return!
A guide to help you start saving
Jump stuoreit
make
by
you apply
th
Monday 18
March 20 9
1
The Asda Sharesave plan is just Your Asda Sharesave questions answered...
one of the great benefits open to What is Sharesave? Are there any risks with
Asda colleagues. Put simply, it’s a savings plan, where you save joining Sharesave?
an amount directly from your net pay every four Sharesave is still a risk-free saving
The aim of this guide is to answer weeks for three years. After three years, you
will have the chance to buy Walmart shares at a
plan in uncertain times. You will
always get back the money you have
the most commonly asked discounted option price. The whole scheme is run
by Computershare on Asda’s behalf.
saved and there is the potential to
benefit at the end of the term if the Walmart share
Sharesave related questions, price has increased. Furthermore your savings
What is the “option price”? held by Computershare are protected under the
explain how it actually works The option price is the average of the Walmart
Financial Services Compensation Scheme (FSCS).
and show what colleagues share price over three days before the day that the
price is set for entry into the Sharesave scheme, How much can I save?
have saved for previously. converted from US dollars into British pounds
and discounted by 20%. This 20% discount is
The minimum amount you can save every 4 weeks
is £5. The maximum amount you can save every 4
only available to Asda colleagues who are eligible weeks is £400; this includes contributions under
e
e not to join the Sharesave scheme. This is part of
Pleas her Asda, any other Sharesave contracts you may have.
eit or what gives Sharesave the potential to be such a
that n tershare n ou The maximum amount you can save in the 2019
m p u iv e y fantastic benefit.
Co n g tax plan can be calculated by deducting the amounts
art ca
Walm financial or n to you are saving in previous plans from the £400
Hayley Tatum any latio is
e in re
advic save and t d
h Am I eligible to join the 2019 plan? maximum amount. It’s also worth noting that
Senior Vice President – People Sh are t en d e
is in If you joined Asda on or before 19 September 2018
guide formation
for in ses only. you are eligible to join the plan. You must also still
purpo be employed as at the grant date (19 March 2019)
and be a UK tax payer.
You can always count on Asda Sharesave for a great return! For more information visit asda.walmartone.com
Questions and answers continued...
because we normally pay colleagues 13 times a Can I join more What if I leave the business?
year and not 12 you will have 1 “free” month each In light of the proposed merger with Sainsbury’s
year meaning that there will be no Sharesave than one plan? If you leave the business, for whatever reason, we have prepared additional Q&A’s which outline
deduction in that month. Before you apply, you Yes, you can join multiple Computershare will write to you with the options in more detail what will happen to your Sharesave
can use the Savings Calculator on the website plans as long as your savings available. plans if the merger goes ahead.
computershare.com/asdashareplans to find out are not exceeding the maximum Login to Asda WalmartOne to find out more:
how many shares you can buy with your elected £400 per month limit. So, for example, Can I pause my contributions? https://asda.walmartone.com/pages/asda-and-me/
savings amount. you could save £100 in one plan, £50
Yes, you can suspend payments for up to 12 people/benefits-and-rewards/shares/sharesave/
in the second, £100 in the third and
months. For each contribution month that you
When can I join? £150 in the fourth plan.
suspend the maturity date will be delayed by
a month. If you miss more than 12 months of
You can join from 26 February 2019 until midnight Can I change the amount contributions you lose the option to buy shares
on 18 March 2019. You can find joining instructions
on page 10 of this guide. that I save in any one plan? and your savings contract will need to be closed.
No, the savings amount that you commit to cannot Computershare will contact you in order to return
your funds.
After I join what happens next? be changed, so ensure you choose to save an
amount that you know you can afford.
Once you have applied, Option Certificates will Can I cancel an existing plan in
be available online around the end of April 2019
and it will confirm your monthly savings amount, What if I decide that I don’t want order to contribute more to this
the length of the savings period, the option price to keep saving? year’s plan?
and the maximum number of shares you would be If you decide, for whatever reason, that you do not Yes you can. Simply log on to the website
entitled to buy at that option price. want to complete the 3 year savings period you computershare.com/asdashareplans or
All of this information is also available on the can simply request to cancel your savings contract alternatively call the helpline on 0800 923 1507
website computershare.com/asdashareplans via the Computershare website or helpline before the last day of enrolment and select the
The first deduction for the 2019 plan will be taken and withdraw the full amount that you have appropriate option.
from your 21 June 2019 pay. contributed to date penalty free.
You can always count on Asda Sharesave for a great return! For more information visit asda.walmartone.com
Year
Take a look 3 ‘sell’ or ‘keep’
at the return Year They receive sale 16 Walmart shares
a colleague 2 proceeds of £1,020 which are currently
valued at £1,020
Savings: £720
Year
received 1
Value at maturity: £1,020
Net profit made:
from their £300.00**
savings...
Here’s an example which Colleague joins Colleague saves Sharesave matures
shows a real outcome for Sharesave in 2015 for 3 years in 2018
Options at maturity
a colleague who had a
2015 Sharesave plan and The scheme option price £20 was deducted from The share price is now £63.75
opted to sell their shares was set at £43.79 their payslip 12 times each If the colleague chooses to use Please be aware that past performance is not an
as part of the 1 July 2018 year for the next 3 years. indication of future performance.
The colleague decides to their savings to buy the * This meant they had an option to acquire 16 shares at the end of the 3 year savings
sale date.** join by text, saving £20 After 3 years their savings had 16 Walmart shares, they have period. 16 shares is worked out by dividing their £720 savings by the £43.79 option price.
per month.* grown to £720, and the scheme an option to “sell” or “keep” ** This example is for illustration purposes only and there is no guarantee of financial gain. You
should only commit to save what you can afford. The amount which you agree to save in each pay
had reached its maturity. those shares. period is protected however, the actual performance of shares is dependent on the share price at
the time of entry into the Sharesave scheme which determines the option price set and the share
price at the time of maturity. As the shares are Walmart shares your outcome would be based
upon the exchange rate at the time you sell, subject to applicable sale fee and charges at the time.
Neither Asda, Walmart or Computershare can give you any financial or investment advice.
You can always count on Asda Sharesave for a great return! For more information visit asda.walmartone.com
Just over “ It’s a great way to
“ It’s so easy to sign
40,000 Asda save for that holiday that
you’ve always wanted, or “ Definitely join as you
will never lose any money.
up by text message
and with no risk
colleagues “
pay for that extra special attached why
There is no risk
gift you’ve always fancied
Great investment and
you could earn quite a associated with Sharesave “ As your contributions wouldn’t you join?
”
are already and lastly you don’t miss
it as it’s taken directly
bit back
” and you are guaranteed to
not lose money. The returns
are taken from your pay
it is easier to budget and
Emma, Asda House
”
Carole, Weymouth
taking part in out of your pay packet
Alison, Sutton in Ashfield
” are potentially higher than
an ordinary savings account
not spend elsewhere
Jane, Bradford
Sharesave. with a bank or building
“ Even saving £5
a month for 3 years
society
” “ It is the best
colleague benefit
”
Here’s some of the Ollie, Asda House
“
is something to look Asda provides
Compared
great things our forward to – just
to bank account Carl, Depot
commit to what you
colleagues have
”
saving rates my
can afford
to say about the returns have been
Lisa, Cannock much greater with
benefits of
joining the
Asda Sharesave
”
Helen, Asda House
scheme.
You can always count on Asda Sharesave for a great return!
It’s quick and easy to join Asda Sharesave For more online information about
You can apply to join this year’s plan using either of the following options: Asda Sharesave go to:
asda.walmartone.com
Text* (the fastest way to apply!) or join Online
our te
Start y YE (space)
xt You can apply via your PC,
Tablet or Smartphone... Jump teotoitjo!in
with S
A
igit The deadlin
ur 10 d r Login via computershare.com/ NEW Sharesave tile
ave is
Inp u t y o
art nu
mbe asdashareplans and follow save
tile Asda Shares
e nday
midnight Mo 019
W a lm Shar
) the on screen instructions. NEW
(space unt 18th March 2
ter t h e amo o You’ll need an active email
En ke t
ould li address for this process.
you w ery four
v
save e .g. SAYE You’ll need your 10 digit NEW
k s e
wee 4567
50 Walmart number and PIN.
Sharesave
12 3 tile
140 ext
your t
Send e to:
g
messa 081609 If you need any further information
079 5 0
please call the
Sharesave helpline *Text messages will be charged at your standard network rate. If you do not receive a
0800 923 1507
confirmation text message within 2 hours please contact the helpline on 0800 923 1507.
You can find the terms and conditions for participating in the Asda Sharesave Plan and
for applying by SMS, along with the Financial Services Compensation Scheme (FSCS)
Your information will be used to enrol you onto the scheme and administer Opening times information sheet at computershare.com/asdashareplans under ‘Plan
your participation. To find out more about how your information is used, Documentation’ or alternatively you can call the helpline on 0800 923 1507 to request a
looked after and your Privacy rights, visit the Colleague Privacy Centre on 8:30am till 5:30pm, Monday to Friday copy. You will be deemed to have read these documents and that you agree to all terms
WalmartOne > Doing The Right Thing > Privacy > Your Personal Information. (excluding Bank Holidays) and conditions if you apply for the new plan by SMS.
001CSN5711
For more information visit asda.walmartone.comYou can also read
