Bernstein analyst Daniel Roeska said the change meant a large overhang had now gone. Aer Lingus and British Airways-owner IAG has lifted a restriction on non-EU investors' ability to buy its stock.The move helped to boost its share price by more than 5% today. Try full digital access and see why over 1 million readers subscribe to the FTFT print edition delivered Monday - Saturday along with ePaper accessPremium FT.com access for multiple users, with integrations & admin toolsIAG calls for EU to relax ownership laws as Brexit concerns mountPurchase a Trial subscription for $1.00 for 4 weeks You will be billed $67.00 per month after the trial endsPurchase a Digital subscription for $4.75 per week You will be billed $39.50 per month after the trial endsYou will be billed $16.59 per month after the trial endsPurchase a Team or Enterprise subscription for per week Last February, IAG, which also owns Iberia and Vueling, set the maximum level for ownership of its shares by non-Europeans at 47.5% in a bid to maintain its status as a European-owned airline. journalists in 50+ countries covering politics, business, innovation, trends and more. ACTIVE POSITIONS HOLDERS SHARES; Increased Positions: 64: 42,772,520: Decreased Positions: 85: 56,143,782: Held Positions: 23: 164,852,463: Total Institutional Shares According to its website, NRMA Insurance Group Limited changed its name to Insurance Australia Group Limited on 15 January 2002. "We view this news very positively," he said.RTÉ.ie is the website of Raidió Teilifís Éireann, Ireland's National Public Service Broadcaster. The general public, mostly retail investors, hold a substantial 53% stake in IAG, suggesting it is a fairly popular stock. Gain a global perspective on the US and go beyond with curated news and analysis from 600 Our insurance brands include NRMA, CGU, SGIO, SGIC and WFI. IAG calls for EU to relax ownership laws as Brexit concerns mount. Last February, IAG, which also owns Iberia and Vueling, set the maximum level for ownership of its shares by non-Europeans at 47.5% in a bid to maintain its status as a European-owned airline.

This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio. IAG said today that non-EU ownership had dropped to 39.5% and as such it was removing the cap which had been in effect for 11 months. Shares in the company rose over 5 today to reach their highest level since September 2018. IAG is the largest general insurance company in Australia and New Zealand. General Public Ownership. Insurance Australia Group Limited (IAG) is a multinational insurance company headquartered in Sydney, Australia.. IAG was formed by the demutualisation of the NRMA Insurance business in July 2000 and a return of shares to the members of NRMA. IAG has leading market shares in personal and commercial insurance lines in Australia, with products sold under brands including NRMA Insurance, CGU, WFI, SGIO and SGIC. Private Company Ownership All ownership percentages as at 31 March 2020 Australian operations. View institutional stock ownership, mutual fund ownership, and top individual ownership of IAMGOLD CORPORATION (IAG).

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