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Government releases share allocations for 16 Royal Mail investors.
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%|
|Capital Research Global Investors||17,500,000||1.75%|
|Abu Dhabi Investment Authority||16,000,000||1.60%|
|Kuwait Investment Office||16,000,000||1.60%|
|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%|
A Department for Business spokesperson said:
We are today releasing this information publicly in the interests of transparency.
Notes to editors
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.
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