TR-1: notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
The Royal Bank of Scotland Group plc |
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2. Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An event changing the breakdown of voting rights |
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Other (please specify):______________ |
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3. Full name of person(s) subject to the notification obligation: |
The Commissioners of Her Majesty's Treasury |
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4. Full name of shareholder(s) (if different from 3.): |
The Treasury Solicitor |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
1 December 2008 |
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6. Date on which issuer notified: |
1 December 2008 |
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7. Threshold(s) that is/are crossed or reached: |
57% |
8. Notified details: |
A: Voting rights attached to shares |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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GB0007547838 |
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22,853,798,818 22,853,798,818 57.92% |
B: Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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Total (A+B) |
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Number of voting rights |
% of voting rights |
22,853,798,818 57.92% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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UK Financial Investments Limited, a company wholly owned by Her Majesty's Treasury, is entitled to exercise control over the voting rights which are the subject of this notification (pursuant to certain management arrangements agreed with Her Majesty's Treasury) |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
The Treasury Solicitor is acting as nominee for Her Majesty's Treasury |
14. Contact name: |
Rebecca Lane |
15. Contact telephone number: |
020 7270 5665 |