Press release

Government releases share allocations for 16 Royal Mail investors

Government releases share allocations for 16 Royal Mail investors.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

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The government has today (2 May 2014) released information about the allocation of shares given to the 16 pilot fishing investors who were named on Wednesday 30 May 2014.

It stated earlier this week at a session of the Public Accounts Committee that it would provide this information.

The list of investors and their allocations at the point of sale was as follows.

Institution Allocation no. of shares Allocation % of shares in the company
Threadneedle Asset Management Ltd 19,500,000 1.95%
BlackRock Investment Management (UK) Ltd 19,250,000 1.93%
GIC Private Ltd 19,000,000 1.90%
Lansdowne Partners 19,000,000 1.90%
Capital Research Global Investors 17,500,000 1.75%
Fidelity Worldwide 17,500,000 1.75%
Abu Dhabi Investment Authority 16,000,000 1.60%
Kuwait Investment Office 16,000,000 1.60%
Schroders 13,500,000 1.35%
Standard Life 13,500,000 1.35%
Och Ziff Capital Management 12,000,000 1.20%
Henderson Global Investors 10,000,000 1.00%
Soros Fund Management 10,000,000 1.00%
JP Morgan Asset Management 6,750,000 0.68%
Lazard Asset Management 6,000,000 0.60%
Third Point 5,000,000 0.50%
Shareholding total 220,500,000 22.05%

A Department for Business spokesperson said:

We are today releasing this information publicly in the interests of transparency.

Notes to editors

  1. Capital Group and BlackRock had a number of other accounts that were allocated shares. However, only those accounts listed above received preferential allocations to reflect their long engagement with the process and the fact that they gave the government the early confidence to launch the IPO. In total, Capital Group received a further 5.1 million shares allocated across 2 other accounts and BlackRock received a further 2.35 million shares across 3 other accounts.

  2. The government’s long-term plan is to build a strong, more competitive economy and a fairer society. Industrial Strategy gives impetus to the plan for growth by providing businesses, investors and the public with clarity about the long-term direction in which the government wants the economy to travel. The first achievements and future priorities of the industrial strategy have been published and can be found here: https://www.gov.uk/government/publications/industrial-strategy-early-successes-and-future-priorities.

Published 2 May 2014