Royal mail owner
The owner of Royal Mail is the UK Government, which is responsible for the postal services in the United Kingdom. Royal Mail is a public limited company (PLC) and is listed on the London Stock Exchange (LSE).
In 2013, the UK Government privatized Royal Mail, selling a majority stake in the company to a consortium of investors led by the US investment firm, Bain Capital. The government retained a 30% stake in the company.
In 2021, the UK Government announced plans to sell its remaining stake in Royal Mail, which would leave the company fully privatized. The sale is expected to raise around £2 billion for the government.
Here is the current ownership structure of Royal Mail:
- Publicly traded shares: 70% (listed on the London Stock Exchange)
- UK Government: 0% (expected to sell its remaining stake in 2021)
- Private investors: 30% (consortium of investors led by Bain Capital)
It's worth noting that Royal Mail is still subject to certain regulatory requirements and obligations as a designated Universal Service Provider (USP) in the UK, which means it is required to provide a minimum level of postal services to all parts of the country.