The shares will be issued on the basis of a volume-weighted average share price over the two trading days prior to each issue, minus a maximum discount of 5%. The UK government is said to be accelerating its plans to privatise the Royal Bank of Scotland ( RB ) , and is reportedly aiming to sell off 25bn shares over the course of this parliament , which ends in 2020 . The government also plans to sell a further $ 5.8bn of RBS shares in 2020 - 21 , according to the figures contained in Chancellor George Osborne 's Autumn Statement .
The UK government is said to be accelerating its plans to privatise the Royal Bank of Scotland ( RB ) , and is reportedly aiming to sell off 25bn shares over the course of this parliament , which ends in 2020 . The government also plans to sell a further $ 5.8bn of RBS shares in 2020 - 21 , according to the figures contained in Chancellor George Osborne 's Autumn Statement .