REG - UK Govt. Invs. Ltd - UK Government Completes Exit from NatWest Group

NatwestAnnouncement

30/05/2025 18:45

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RNS Number : 8789K  UK Government Investments Limited  30 May 2025

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30 May 2025

UK Government Investments Limited ("UKGI")

UK Government Completes Exit from NatWest Group plc

UKGI announces the completion of the disposal of His Majesty's Treasury's ("HM
Treasury") entire shareholding in NatWest Group plc (the "Company"). The
disposal of the remaining shares was effected by way of the trading plan
announced on 22 July 2021 and most recently extended on 3 April 2023 (the
"Trading Plan"). As a result, HM Treasury is no longer a shareholder in the
Company and the Trading Plan has ended.

In total, HM Treasury has raised £24.8bn in proceeds from sales of its shares
in the Company, £13.2bn of which were raised through the Trading Plan,
£5.7bn through three placings to institutional investors and £5.8bn through
five directed buybacks by the Company. Accounting for these sale proceeds,
together with dividends and other fees, HM Treasury received a total of
£35.0bn from its shareholding in the Company.

Goldman Sachs International is acting as Privatisation Adviser. Freshfields
LLP is acting as legal counsel to UKGI in respect of English and US law. The
Trading Plan was managed by Morgan Stanley & Co. International plc.

Contacts:

HM Treasury Press Office: +44 20 7270 5238

 

This press release is for information purposes only and does not constitute or
form a part of an offer to sell or a solicitation of an offer to purchase any
security of the Company in the United States or in any other jurisdiction
where such offer or solicitation is unlawful.  The securities of the Company
described in this press release have not been and will not be registered under
the U.S. Securities Act of 1933, as amended (the "Securities Act"), or any
applicable state or foreign securities laws and may not be offered or sold in
the United States absent registration or an exemption from the registration
requirements of the Securities Act.  There shall be no public offering of
securities in the United States.

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