“Being able to save through the scheme has enabled me to manage my savings over the years. I have participated every year since I joined in 2007, it’s been great.”
“I was a single mother when I first joined SAYE and this scheme was ideal for me to save for the kids. It helped paying for school trips, college fees and birthday presents throughout the years. SAYE really helped me give back to my family.”
“ I used my SAYE savings towards a deposit on my first home. It was perfect timing for me! I would recommend it to anyone as it is always a great idea to have savings just in case something comes up.”
“We used our SAYE savings to renovate our garden. It created a really great space for our kids to play. They just love it!”
“SAYE allowed my family and I to take a well-deserved staycation this year. An opportunity to get away from our usual routine and really enjoy a break away.”
“My SAYE savings paid for a new kitchen this year. We have wanted a new kitchen for years and SAYE made it possible. It’s just perfect!”
* Because of the nature of the share price displayed on the site, Equiniti can't verify whether it's accurate or up-to-date.
If Equiniti becomes aware that the end of day share price data isn't inaccurate or up-to-date then they'll remove it from the site or take other appropriate action.
Equiniti isn't responsible or liable for either the accuracy or availability of the share price data on the site.
You can save between €12-€500 every four weekly pay period.
If you save in other SAYE schemes, the maximum you can save in total is €500 every four weekly pay period.
1. Your total savings - at the end of your saving period
€
2. Number of Option Price shares you could buy with your savings
3. The potential value of these shares calculated at the Tesco share price you hope to see at maturity*
€
4. If you could choose to sell your shares immediately, you could make this amount of profit*
€
*based on the share price you have entered in step 3 above
At the end of your savings contract, if you use your savings to buy shares, the potential profit or Exercise Gain will be subject to Universal Social Charge (USC) and Pay Related Social Insurance (PRSI). The Exercise Gain is calculated as the difference between the actual share price on the date you buy the shares in three or five years time and the Option Price.
The USC and PRSI will be deducted from your net pay via payroll. If you take your savings as cash no USC or PRSI will arise. For the purposes of the calculator section we have used an example exchange rate of 1 Euro equals 1 pound sterling. The potential profit you may make at maturity will depend on the exchange rate at that time.