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Colleague Share is an incentive scheme set up in 2007 by Royal Mail and as such is an operational matter for the company.
The scheme, which is expected to have paid out £2,200 to most members by the time various operational targets are met, will close in March 2012. After this date, it is for Royal Mail to decide whether to introduce further employee incentive schemes and the form of those schemes.
Separately, as part of the provisions in the Postal Services Bill, the Government will make available shares to employees upon the first sale of Royal Mail shares.