BlackRock, Inc. has notified NatWest Group PLC of a change in its shareholding, crossing the 5% threshold. The notification includes details of the person subject to the obligation, BlackRock, Inc., and its controlled undertakings. The notification indicates that BlackRock, Inc. and its controlled undertakings collectively hold below 5% of voting rights attached to shares and below 5% of voting rights through financial instruments. The total number of voting rights held in the issuer is also below 5%.
The notification provides a comprehensive list of BlackRock, Inc.'s controlled undertakings, including BlackRock Holdco 2, Inc., BlackRock Financial Management, Inc., BlackRock International Holdings, Inc., BR Jersey International Holdings L.P., BlackRock (Singapore) Holdco Pte. Ltd., BlackRock HK Holdco Limited, BlackRock Lux Finco S.a.r.l., BlackRock Japan Holdings GK, BlackRock Japan Co., Ltd., Trident Merger, LLC, BlackRock Investment Management, LLC, BlackRock Holdco 3, LLC, BlackRock Cayman 1 LP, BlackRock Cayman West Bay Finco Limited, BlackRock Cayman West Bay IV Limited, BlackRock Group Limited, BlackRock Finance Europe Limited, BlackRock Investment Management (UK) Limited, BlackRock Australia Holdco Pty. Ltd., BlackRock Investment Management (Australia) Limited, BlackRock International Limited, BlackRock Holdco 4, LLC, BlackRock Holdco 6, LLC, and BlackRock Delaware Holdings Inc.
The notification is in compliance with the TR-1 standard form for the notification of major holdings, and it provides a detailed breakdown of the voting rights and financial instruments held by BlackRock, Inc. and its controlled undertakings. This notification is significant as it reflects a change in the major shareholding of NatWest Group PLC by BlackRock, Inc.