REG - NatWest Group plc - Director/PDMR Shareholding

NatwestAnnouncement

08/12/2020 15:30

RNS Number : 9683H
  
NatWest Group plc
  
08 December 2020
  
 

8 December 2020 
 
NatWest Group plc
 
 
INITIAL NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY (PDMR) in accordance with Article 19 of the EU Market Abuse Regulation 596/2014
 
NatWest Group plc (the Company) announces that on 7 December 2020, a buy-out award over ordinary shares of £1 each in the Company (Shares) (ISIN: GB00B7T77214) vested to the PDMR set out below. The buy out award had been granted in order to replace awards forfeited by the PDMR on leaving their previous employer.
 
The number of Shares withheld to meet associated tax liabilities arising on vesting and the number of vested Shares retained by the PDMR is set out below:-
 
 



Name of PDMR


Position of PDMR


No. of Shares vested


No. of Shares withheld to satisfy associated tax liability


No. of vested Shares retained 




David Lindberg
 


CEO, Retail Banking


106,144


49,888


56,256



 
The market price used to determine the number of Shares withheld to meet associated tax liabilities was £1.6622. 
 
The above transactions took place on the London Stock Exchange (XLON).
 
Legal Entity Identifier: 2138005O9XJIJN4JPN90
 
 
For further information contact:- 
 
NatWest Group Investor Relations

Alexander Holcroft
Head of Investor Relations

+44(0)20 7672 1758
 
NatWest Group Media Relations  
+44(0)131 523 4205

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHFSUFIAESSESE