NatWest Group plc received a notification of major holdings from The Commissioners of His Majesty's Treasury, indicating a decrease in their voting rights from 20.92% to 19.97%. 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. 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 81,119,397 ordinary shares since the last notification. The percentage of voting rights held by His Majesty's Treasury could fluctuate depending on the number of shares repurchased by NatWest Group plc and the progress of sales under His Majesty's Treasury's trading plan announced on 22 July 2021 and most recently extended on 3 April 2023.
This notification provides detailed information about the change in voting rights and the entities involved, offering transparency about the ownership and control of voting rights within NatWest Group plc. The notification was completed on 12 July 2024 in London, England.