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 in the Company changes over time as shown below, having been last amended in 2002 to reflect the above position.

14 February 49.66%
07 February 49.24%
31 January 49.63%
24 January 49.55%
17 January 49.32%
10 January 49.56%
03 January 49.46%