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Foreign Shareholding

Foreign Shareholding

Individual Foreign Shareholding Restrictions

The Articles of Association include a requirement that no foreign person, or foreign persons acting in concert, can have more than a 15% voting interest in the Company. This current provision in the Articles can only be amended with the consent of the holder of the Special Share, the Secretary of State for Business, Innovation and Skills.

The foreign shareholding restriction in the Company has changed over time as shown below, having been last amended in 2002 to reflect the above position.

28 December 42.72%
21 December 43.01%
14 December 43.04%
07 December 43.06%
30 November 43.21%
23 November 43.36%
16 November 43.48%
09 November 43.76%
02 November 44.30%
26 October 44.32%
19 October 44.88%
05 October 45.17%
28 September 45.11%
21 September 45.83%
14 September 45.19%
07 September 45.01%
31 August 45.48%
24 August 45.44%
17 August 45.65%
10 August 45.66%
03 August 46.17%
27 July 46.34%
20 July 45.25%
13 July 45.99%
06 July 46.47%
22 June 46.20%
15 June 46.17%
08 June 45.63%
01 June 46.59%
25 May 46.88%
18 May 47.00%
11 May 47.29%
04 May 47.61%
27 April 47.40%
20 April 47.31%
13 April 45.65%
06 April 46.34%
30 March 45.99%
23 March 46.57%
16 March 46.68%
09 March 45.98%
03 March 45.79%
23 February 46.12%
16 February 46.07%
09 February 45.91%
02 February 45.50%
26 January 45.29%
19 January 44.68%
12 January 44.03%
05 January 43.47%