RMG Royal Mail Plc

TIDMRMG

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: investorrelations@royalmail.com

Media Relations

Beth Longcroft

Email: beth.longcroft@royalmail.com

Phone: 07435 768 549

Royal Mail press office: 020 7449 8246

Company Secretary

Mark Amsden

Phone: 0207 449 8289

Email: cosec@royalmail.com

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END

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