NatWest Group plc has received a notification of major holdings from The Commissioners of His Majesty's Treasury, indicating a decrease in their voting rights from 19.97% to 18.99%. The notification specifies that the UK Government Investments Limited, a company wholly-owned by His Majesty's Treasury, is entitled to exercise control over the voting rights through certain management arrangements. The Solicitor for the Affairs of His Majesty's Treasury is acting as a nominee for The Commissioners of His Majesty's Treasury.
The percentage of voting rights held by His Majesty's Treasury in NatWest Group plc has been calculated following the disposal of 83,893,080 ordinary shares since the last notification on 15 July 2024. This disposal is in line with HMT's trading plan announced on 22 July 2021 and most recently extended on 3 April 2023. The notification provides detailed information about the total positions, voting rights, and financial instruments held by the notifying party.
The notification is in compliance with the standard form for the notification of major holdings and includes specific details such as the date on which the threshold was crossed, the total number of voting rights held, and the breakdown of voting rights attached to shares and financial instruments. The completion of the notification took place in London, England, on 2 August 2024.
This notification provides transparency regarding changes in major holdings within NatWest Group plc and offers insight into the ownership and control of voting rights within the organization.