Govt Names Royal Mail Investors

Business Secretary Vince Cable has released the names of the 16 'pilot fishing investors' who gave government the confidence to launch the Royal Mail Initial Public Offering (IPO) and who were later allocated shares.

He said: "I told the BIS Select Committee yesterday I wanted to be as helpful and transparent as possible. In that spirit I had already provided the names to the National Audit Office and yesterday I provided the list in confidence to the chairs of the BIS Select Committee and the Public Accounts Committee.

"I had been advised that the investors expected confidentiality around their share acquisitions but there has been strong interest in who the investors are and speculation around the names, some of it inaccurate. I have decided the public has an interest in an accurate list being available."

The list of these investors is as follows:

• Abu Dhabi Investment Authority

• BlackRock

• Capital Research

• Fidelity Worldwide


• Henderson

• JP Morgan

• Kuwait Investment Office

• Lansdowne Partners

• Lazard Asset Management

• Och Ziff

• Schroders

• Soros

• Standard Life

• Third Point

• Threadneedle


Related UK National News Stories
Click here for the latest headlines.

25 February 2014
Govt Advisers Call For Visa Auction
Government advisers have backed the idea of a UK visa auction, giving wealthy foreign investors the opportunity to settle in Britain. The Migration Advisory Committee argue that the current set up, where migrants can gain residence by investing a minimum of £1m in the UK, does little for ordinary British citizens.
03 April 2013
Investors Submit £3.5bn RBS Compensation Claim
Thousands of investors have launched a joint compensation claim against the Royal Bank of Scotland. The claim is for more than £3.5bn. The group claims the bank deliberately misled its shareholders into believing it was in good financial health, just before the organisation collapsed in 2008.
22 March 2011
Government Urged To Give Private Lenders Same Tax Breaks As Equity Investors
The Forum of Private Business and the Institute of Financial Accountants (IFA) are calling on the Chancellor George Osborne to use Wednesday's budget to give generous tax breaks to private lenders who support firms in need of finance.
15 December 2009
City Accountant Guilty Of Fraud
A London accountant, who funded a band featuring X Factor contestant Danyl Johnson, has been found guilty of cheating "investors" out of millions of pounds of life savings.
22 October 2009
Pinewood Development Plans Rejected
A £200m expansion plan by one of the UK's best known film studios has been rejected by planners. The application by Pinewood Studios to build a 100-acre set on a green belt in Buckinghamshire has been turned down.