NatWest Public Share Sale Slated for June at the Earliest

The UK government aims to reduce its stake in NatWest, with a potential public share sale as early as June, amid leadership uncertainties.

The UK government, owning a 39% stake in NatWest, plans a public share sale possibly in June, as part of efforts to fully divest its shares by 2025 or 2026.
UK Government Investments (UKGI) is in the process of planning the sale, with no exact date set but aiming for the earliest opportunity in summer.
The sale is contingent on appointing a permanent CEO for NatWest, following Dame Alison Rose's resignation over a debanking controversy.
Advisors including Goldman Sachs and Barclays have been hired to explore options for the share sale, emphasizing the need for market clarity.
The initiative is inspired by the 'Tell Sid' campaign, aiming to encourage public investment and fully return NatWest to private ownership.