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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Treasury sells another £1.24 billion worth of NatWest shares as election threatens retail sale

NatWest NatWest Group

The Treasury today sold down its stake in NatWest further, days after it was revealed the election could cause the highly anticipated retail sale of its stake in the bank to be scrapped.

After selling another 392 million shares in the business back to the bank for £1.24 billion in an off-market deal, the Treasury’s stake in the bank is down 22.5%. The shares were sold for 316.2p each.

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