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Outcome of Ballot for industrial action

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RNS Number : 9795P
Royal Mail PLC
15 October 2019
 

Royal Mail plc

(Incorporated in England and Wales)

Company Number: 8680755

LSE Share Code: RMG

ISIN:  GB00BDVZYZ77

LEI: 213800TCZZU84G8Z2M70

 

 

15 October 2019

 

Outcome of ballot for industRial action

 

Royal Mail plc (RMG.L) is very disappointed that the CWU has chosen to ballot for industrial action.  CWU has announced that, of the CWU members in Royal Mail who voted, 97.1 per cent voted in favour of taking industrial action. It has also announced that, in two separate ballots for CWU members in Parcelforce Worldwide, outcomes of 95 per cent and 94.7 per cent in favour of industrial action were returned.

 

A ballot result for industrial action does not necessarily mean there will be industrial action. We are still in mediation with the CWU. Under our Dispute Resolution Procedure, set out in the Agenda for Growth, we are committed to reaching a resolution. No industrial action can be taken, and formal notification of industrial action cannot be given, before the conclusion of the Dispute Resolution Procedure.

 

We want to reach agreement. There are no grounds for industrial action. Industrial action - or the threat of it - is damaging for our business and undermines the trust of our customers.

 

Royal Mail wants to transform to meet our customers' changing needs as we post fewer letters and receive more parcels. Working together at pace, the transformation is about ensuring a more sustainable Company, a fairer working environment, the best terms and conditions in our industry and a contemporary Universal Service.

 

-ends-

 

For more information, please contact:

 

Investor Relations

Catherine Nash

Phone: 020 7449 8183

Email: [email protected] 

 

Media Relations 

Beth Longcroft

Email: [email protected]  

Phone: 07435 768 549

 

Royal Mail press office: 020 7449 8246

 

Company Secretary

Mark Amsden

Phone: 0207 449 8289

Email: [email protected]  

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Price: 226.9

Market: LSE
Market Cap: £2.27 billion
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