
The UK government has disclosed that its stake in NatWest has fallen to 19.97% as of June 12, down from a prior stake of 20.92%. This marks a significant reduction from its 37.98% holding in December. The government has been rapidly winding down its stake in NatWest $NWG through a series of open market sales in recent months. As a result, the UK government will no longer be considered a related party to NatWest, the lender it rescued during the financial crisis.
“The government has been rapidly winding down its stake in NatWest $NWG through a series of open market sales in recent months. Its holding in the bank has now dropped to 19.97% from 37.98% in December.” https://t.co/df2QsfJP99
The future with NatWest https://t.co/9rzdC6y5W0
Government shareholding in Britain's NatWest falls below 20% https://t.co/vxWSaW1UVj https://t.co/VY3CfSmcHr
