The government’s trading plan to sell part of its shareholding in NatWest Group plc (formerly the Royal Bank of Scotland Group plc) is continuing. The government’s intention as announced at Spring Budget is to fully exit the shareholding by 2025-2026, subject to market conditions and achieving value for money for taxpayers.

This is in line with the government’s commitment to return its shareholding in NatWest Group to private ownership. The shares were acquired by the government as a result of the 2007-2008 financial crisis. The banking group is no longer under majority public ownership. The government currently has around a 38.6% shareholding after a recent sale of £1.26 billion in shares back to NatWest via a Directed Buyback. 

Shares will continue to only be sold through the trading plan at a price that represents value for money for taxpayers and when market conditions allow for the sale.

Source: New feed