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.

 25 December  35.65%
 18 December  35.36%
 11 December  35.12%
 4 December  35.59%
 27 November  35.54%
 20 November  36.10%
 13 November  36.94%
 6 November  37.32%
 30 October  36.81%
 23 October  36.82%
 16 October  36.42%
 9 October  34.51%
 2 October  37.44%
 25 September  35.28%
 18 September  35.98%
 11 September  36.60%
 4 September  36.67%
 28 August  36.35%
 21 August  36.38%
 14 August  36.55%
 7 August  36.77%
 31 July  37.16%
 24 July  36.86%
 17 July  37.01%
 10 July  36.73%
 2 July  36.60%
 26 June  36.17%
 19 June  36.21%
 12 June  36.76%
 5 June      37.20%
 29 May  37.26%
 22 May  37.64%
 15 May  37.69%
 08 May  37.65%
 01 May  37.67%
24 April  37.89%
17 April  37.76%
10 April  37.35%
03 April 37.24%
27 March 37.23%
20 March 37.11%
13 March 37.33%
06 March 37.55%
28 Feb 37.96%
21 Feb 37.98%
14 Feb 37.71%
07 Feb 37.68%
31 Jan 37.62%
24 Jan 37.67%
17 Jan 39.34%
10 Jan 37.84%
03 Jan 37.09%