25 Aug 2022 13:15
Royal Mail plc
(Incorporated in England and Wales)
Company Number: 8680755
LSE Share Code: RMG
ISIN: GB00BDVZYZ77
LEI: 213800TCZZU84G8Z2M70
25 August 2022
Royal Mail plc ("Royal Mail")
VESA EQUITY INVESTMENT S.à r.l. ("VESA"): National Security and Investment Act 2021 ("NSI Act")
Royal Mail has received notification from the Secretary of State for Business, Energy and Industrial Strategy ("Secretary of State") that he reasonably suspects that arrangements are in progress or contemplation which, if carried into effect, will result in VESA increasing its shareholding in Royal Mail from 25% or less to more than 25%.
The Secretary of State has notified Royal Mail that such a step would constitute a trigger event under the NSI Act and that he is exercising his call-in power under section 1 of the NSI Act.
Royal Mail will fully cooperate with this review and a further announcement will be made as and when appropriate.
Vesa's most recent notification to Royal Mail in relation to its holding, as disclosed to the market on 19 July 2022, indicated that Vesa held just over 22% of the total voting rights in Royal Mail at that time.
Enquiries:
Investor Relations
John Crosse
Email: investorrelations@royalmail.com
Royal Mail investor relations line: 020 7449 8183
Media Relations
Mark Mann
Phone: 07483 144 684
Email: mark.mann1@royalmail.com
Royal Mail press office: press.office@royalmail.com
Company Secretary
Mark Amsden
Email: cosec@royalmail.com
RMG.L (RMG)