NatWest Group Announces Change in Treasury Shareholding
Why we think this is neutral
This RNS announcement is related to a change in the UK government's shareholding in NatWest Group, which is not one of the mandatory news types that require further in-depth analysis. The announcement provides details on the reduction in the government's stake, but does not contain any financial figures or operational updates that would significantly impact the company's performance.
Key Points
- UK government's shareholding in NatWest Group reduced to 2.99%
- Disposal of 77,230,762 ordinary shares by The Commissioners of His Majesty's Treasury
Summary
The UK government has reduced its shareholding in the major bank through a disposal of ordinary shares.
The Commissioners of His Majesty's Treasury have reduced their shareholding in NatWest Group plc to 2.99% from the previous 3.95%, following the disposal of 77,230,762 ordinary shares. The Solicitor for the Affairs of His Majesty's Treasury is acting as nominee for The Commissioners of His Majesty's Treasury in this transaction.
DIRECTOR DEALINGS