Press Releases


October 2016

7th October 2016

Intention to sell shares in Lloyds Banking Group plc through a trading plan
UKFI today announces that it intends to continue to sell Her Majesty’s Treasury’s (“HMT”) shareholding in Lloyds Banking Group plc (the “Company”) over the next twelve months through a pre-arranged trading plan that will be managed by Morgan Stanley & Co. International plc (“Morgan Stanley”). download

May 2016

17th May 2016

Dividend payment received today
UKFI announces that HMT will today receive c.£130m in dividend payments, in respect of its shareholding in Lloyds Banking Group Plc. This takes total proceeds received from the Government’s investment in LBG to £16.888bn. download

12th May 2016

Statement re: Lloyds Banking Group Annual General Meeting
UKFI has lodged votes in favour of all resolutions at the bank’s Annual General Meeting on 12 May. download

5th May 2016

UKAR announces completion of £13 billion sale of former Northern Rock mortgages
In November last year UK Asset Resolution Limited (UKAR) agreed to sell £13 billion of former Northern Rock Mortgages to Cerberus Capital Management LP (Cerberus).

Today the Government receives the final £520 million from Cerberus as part of the sale completion process. This sale represents value for money for the tax payer and following its completion the government will have exited over 85% of former Northern Rock. download

4th May 2016

UKFI statement re: RBS Annual General Meeting (AGM)
UK Financial Investments Limited (UKFI), which manages the government’s stake in the Royal Bank of Scotland (RBS), has lodged votes in favour of all resolutions at the bank’s Annual General Meeting on 4 May 2016. download

4th May 2016

UK Asset Resolution transfer of mortgage servicing operations to Computershare
UK Financial Investments has approved the transfer of UK Asset Resolution’s (UKAR) mortgage servicing operations to Computershare which was announced today. download

March 2016

31st March 2016

UK Financial Investments appoint new Chief Executive
UKFI today announces the appointment of Oliver Holbourn as Chief Executive of UK Financial Investments (UKFI). James Leigh-Pemberton, will become Chairman of UKFI and will continue to play a key role in carrying out UKFI’s mandate. download

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PRESS RELEASE
7th October 2016

Intention to sell shares in Lloyds Banking Group plc through a trading plan
UKFI today announces that it intends to continue to sell Her Majesty’s Treasury’s (“HMT”) shareholding in Lloyds Banking Group plc (the “Company”) over the next twelve months through a pre-arranged trading plan that will be managed by Morgan Stanley & Co. International plc (“Morgan Stanley”).


PRESS RELEASE
17th May 2016

Dividend payment received today
UKFI announces that HMT will today receive c.£130m in dividend payments, in respect of its shareholding in Lloyds Banking Group Plc. This takes total proceeds received from the Government’s investment in LBG to £16.888bn.