UK Financial Investments Sells 5.4% of RBS
August 04 2015 - 2:53AM
Dow Jones News
LONDON--UK Financial Investments Ltd. said Tuesday it has sold
5.4% of the issued shares of Royal Bank of Scotland Group PLC at
330 pence, raising 2.08 billion pounds ($3.25 billion) for the
treasury.
Following the sale HM Treasury's economic interest in RBS, which
includes its holding of ordinary shares and B shares in the
company, will be reduced to 72.9%. It has agreed not to sell any
more shares for 90 days.
Write to Ian Walker at ian.walker@wsj.com
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