NatWest Group PLC - Edinburgh, Scotland-based bank - The UK government reduces its stake in NatWest to 14.8% on Wednesday from just under 16%, NatWest says in a stock-market filing on Thursday. The lower stake follows the UK Treasury’s sale of 98.8 million NatWest shares, worth about £365 million, since its last notification on October 9. The share sales are part of the trading plan that has been in place for the past three years. The UK government had owned 84% of NatWest following a taxpayer bailout of what was then Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, the government held a 62% stake in NatWest, but it has been selling this down progressively since.

Current stock price: 374.60 pence, up 1.9% in London on Thursday for a £31.11 billion market capitalisation

12-month change: up more than double

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