5% for the employees?

[Expedite your backtrack!]

Is it just me or do I need a new calculator (or abbacus)

The AG bought 49% of shares for £800m (correct me if I'm wrong).

So how does our 5% of shares for employees equal £500 each.

Must be all those extra employees hidden away working at CAA house!

[Steep Approach]

Let me try my calculator....

£800M =46%
1%= 800/46 = £17.4M

5% = £17.4M*5 = £87M

5500 staff in NATS so...

Each staff member should get £87M/5500 = £15,800

nope, my calculator must be wrong too!!

Done up like a Kipper Guv!!

[HounslowHarry]

Not accountants, are you boys and girls.

Of that £800Million, £900Million of it is debt.

That means just under £10 million of that is associated with the Employees and they will be responsible for that.

So 5500 employees ...that equals £1818 each.

Add on to that the fact you are getting £500 "initial bribe payment" and you will each owe the Gov approx. 2300 quid.

Except of course for the LATCC (AC) boys and girls. You owe (approx) £10600 each to be returned to 2-Jags in a large wheelbarrow.

I think you get the idea.

I can't believe people accuse the union of smoke and mirrors all the time.....

People who think they are getting something for nowt' are in for a hell of a shock.......
sorry.........