Key Features
Free shares are given to you each year that the Company runs the plan as part of the Company SIP.
You only need to apply once. After this as long as you remain continuously employed, and the company runs the Free Shares Plan, you will receive an allocation of free shares.
Free shares are based on a fixed percentage of your eligible earnings.
Receive dividends when payable.
Receive Shareholder discount vouchers booklet.
Timeline
0-3 Years
- The shares are held in a Trust by Equiniti Share Plan Trustees Limited (the Trustee) and are restricted (which means you can’t sell them yet).
3-5 Years
- You can sell your shares, but a deduction will be made from the proceeds for Income Tax and National Insurance Contributions (NICs).
5+ Years
-
You can sell your shares completely free of Income Tax or
NICs;
OR - You can keep them in the Trust for the future and watch your shareholding grow each year shares are awarded.
How To Join
If you have applied in previous years you do not need to reapply. You must be employed on or before 6 June 2023 to participate in the Free Shares award.
By Text *
Text MABFREE (space) Payroll number (space) National Insurance number
to 84247
For example
MABFREE 123456 AB123456C
To see confirmation of the number of shares allocated to you please check the Portal on or after 3 July 2024.
*By using the text service you apply to join the Free Shares Plan and acknowledge that you have read the Terms and Conditions. Texts will be charged at your standard network rate.
OR
Via the ESP Portal
You can join the SIP by logging into the Equiniti Limited (‘EQ’) Employee Share Plans (‘ESP’) Portal online.
You will need your Payroll number to access the ESP Portal, you can find this on your payslip.
Visit esp-portal.com You will need your Payroll number.
- Click Register and follow the instructions on screen.
- If you have an @mbplc.com email address, please use that. You’ll be emailed your activation code.
- If you don’t register with an @mbplc.com email address, your code will be posted out to you.
Remember
you don’t need to wait for your activation code to join
and you don't need to sign up for an ESP portal account
Log into esp-portal.com
Click on the 'I want to' section and follow the instructions.