The Trustee has noted the revised potential cash offer made by EP Corporate Group for IDS (the parent company of Royal Mail Group), which the IDS Board have signalled they are minded to recommend. The IDS Board has now agreed to an extension of the deadline for discussions so as to explore the offer in further detail.
Our priority is to ensure that members’ interests are protected and we are actively engaging with IDS, and taking independent advice to understand and assess the implications for the Plan of this revised potential offer. Please be assured that the benefits you have built up are protected and are not changing. There is no action that you need to take.
