Provision of Sector Analysis for Ownership Data

Descriptions

The Office for National Statistics (ONS) require data on the value of ordinary shares held in United Kingdom (UK) quoted companies listed on the London Stock Exchange (LSE) by sector of beneficial ownership, as at or after the 31 December 2020 and at regular intervals thereafter to be agreed by the authority. Beneficial ownership refers to the true underlying owner of the share, who receive the benefits of holding the share, for example; income through dividends. A file, containing a sample of approximately 200 UK companies’ beneficial ownership, broken down by type, will be made available to the successful bidder. This file will include ownership up to pooled nominee level. The ONS requires the bidder’s beneficial ownership analysis, including those within pooled nominee accounts to at a minimum, cover companies worth at least 50 % of the total market capitalisation in each section and subsection of the sample. For each company, the beneficial owner of at least 90 % of shares will be determined. Exceeding this level of coverage and setting out plans to minimise sample bias are two ways in which the ‘quality’ score of bids will be determined.