Government holders have been divided into three categories; Direct Government Holders, Indirect Government Holders, Government Pensions. Each category is defined differently in terms of determining available shares/float.

Government Holdings:
 
  • Direct government holders: Those holdings listed as .government of. are considered unavailable and will be removed entirely from available shares.
  • Indirect government holders: Shares held by government investment boards and/or investment arms will be treated similar to large private holdings and removed if the holding is greater than 10%.
  • Government pensions: Any holding by a government pension plan is considered institutional holdings and will not be removed from available shares.






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