AGM resolutions
UK Government Investments (UKGI), which manages the government’s shareholding in NatWest Group plc (NWG), has lodged votes in favour of Resolutions 1 – 25 and Resolution 27 at the company’s Annual General Meeting (AGM) on 23 April 2025. In line with appropriate and previous practice, UKGI did not register a vote on Resolution 26 (the renewal of the authority for NWG to buy back shares from HM Treasury). These votes were lodged in line with the Financial Reporting Council’s UK Stewardship Code, the government Shareholding Memorandum of Understanding between HM Treasury and UKGI and the UKGI Framework Agreement with HM Treasury.
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Notes to Editors
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HMT Press Office: ([email protected] – 020 7270 5238)
About UK Government Investments (‘UKGI’)
UKGI is the government’s centre of expertise in corporate governance and corporate finance. It provides expert advice and leading solutions that inform and translate government’s decisions into effective outcomes in the national interest.
UKGI acts as a shareholder representative for, and leads the establishment of, UK Government’s most complex and commercial arm’s length bodies (ALBs) on behalf of sponsor departments; it advises on major UK Government corporate finance matters, including financial interventions into corporate structures and corporate finance negotiations; it advises on and analyses the UK Government’s contingent liabilities; and it manages and executes the sale or purchase of significant corporate assets for the UK Government.
UKGI is owned by HM Treasury and independently managed with a Board comprised predominantly of independent non-executive directors. UKGI works closely with both the private and public sectors, advising and interacting with ministers, Parliament and Whitehall departments.