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LONDON - The UK government has further reduced its shareholding in NatWest Group plc, as detailed in a recent notification of major holdings. The Commissioners of His Majesty’s Treasury, acting through The Solicitor for the Affairs of His Majesty’s Treasury as its nominee, now hold 4.82% of the voting rights in the banking group, following the sale of 88,938,556 ordinary shares.
The disposal took place on Thursday, March 12, 2025, and was promptly notified to NatWest Group and the Financial Conduct Authority (FCA) the following day. The transaction is part of the UK government’s ongoing plan to sell down its stake in the bank, which was initiated on July 22, 2021, and extended on April 3, 2023.
This latest sale marks a decrease from the previous notification on February 28, 2025, when the Treasury’s shareholding stood at 5.93%. The current total number of voting rights held by the Treasury in NatWest Group is 1,554,539,208.
The UK government has been gradually reducing its stake in NatWest Group, formerly known as Royal Bank of Scotland (NYSE:RBS_old_old), which it bailed out during the 2008 financial crisis. The government’s strategy has been to return the bank to full private ownership over time, depending on market conditions.
The notification, which was completed in London on March 12, 2025, is based on a press release statement and follows the requirements set out by the FCA for disclosing changes in major shareholdings. The London Stock Exchange (LON:LSEG)’s news service, RNS, disseminated the information, which is subject to the FCA’s terms and conditions.
This move by the Treasury comes as part of its broader efforts to recoup the costs of the financial support provided to the banking sector in the wake of the financial crisis. Investors and market observers continue to monitor the government’s stake in NatWest Group, as it is an indicator of the bank’s return to private ownership and the government’s recovery of public funds.
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