Government releases share allocations for 16 Royal Mail investors
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% |
| 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
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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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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.