REG - NatWest Group plc - Director/PDMR Shareholding

NatwestAnnouncement

14/05/2026 14:00

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RNS Number : 3772E  NatWest Group plc  14 May 2026

14 May 2026

NatWest Group plc

 

 

INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY (PDMRs) IN ACCORDANCE WITH ARTICLE 19 OF THE UK MARKET ABUSE
REGULATION

 

1.  NatWest Group plc (the Company) announces that Sharing in Success (SiS)
awards, over ordinary shares of £1.0769* each in the Company (Shares) (ISIN:
GB00BM8PJY71) were granted on 13 May 2026 under the NatWest Group plc 2024
Employee Share Plan (the Plan) and immediately vested. The market price per
Share used on the grant of the SiS awards was £5.7016.

 

The number of Shares vested, the number of Shares withheld to meet associated
tax liabilities and the number of Shares retained by each PDMR is as follows:

 

 Name of PDMR         Position of PDMR                              Award  No. of Shares vested  No. of Shares withheld to satisfy associated tax liability  No. of vested Shares retained

 Robert Begbie        CEO, Commercial & Institutional                      253                   127                                                         126

                                                                    SiS

 Solange Chamberlain  CEO, Retail                                   SiS    253                   120                                                         133
 Emma Crystal         CEO, Private Banking & Wealth Management      SiS    253                   120                                                         133
 James Holian         Chief Customer & Operations Officer           SiS    253                   120                                                         133
 Maria Kokkinou       Group Chief People Officer                    SiS    253                   120                                                         133
 Scott Marcar         Group Chief Information Officer               SiS    253                   120                                                         133
                                                                    SiS    253                   120                                                         133

 Katie Murray         Group Chief Financial Officer
 Sean Pilcher         Interim Group Chief Risk Officer              SiS    253                   120                                                         133
                      Group Chief Executive Officer                 SiS    253                   120                                                         133

 Paul Thwaite

 

The market price used to meet associated tax liabilities was £5.7118.

 

Clawback provisions will apply to each SiS award for a period of seven years
from the date of grant. Such period can be extended to ten years in certain
circumstances.

 

Vested Shares retained after payment of associated tax liabilities will be
subject to a twelve-month retention period.

 

2.  The Company announces that Shares were delivered to PDMRs on 13 May 2026,
as set out below. The Shares delivered represent payment of a fixed share
allowance for the three-month period ending 30 June 2025 and have been
calculated using a share price of £5.7016.

 

The number of Shares delivered, the number of Shares withheld to meet
associated tax liabilities and the number of Shares retained by each PDMR is
as follows:

 

  Name of PDMR        Position of PDMR                              No. of Shares delivered  No. of Shares withheld to satisfy associated tax liability  No. of Shares retained
 Robert Begbie        CEO, NatWest Commercial & Institutional       15,895                   7,960                                                       7,935
 Solange Chamberlain  CEO, Retail                                   12,716                   5,986                                                       6,730
 Emma Crystal         CEO, Private Banking & Wealth Management      12,716                   5,986                                                       6,730
 Scott Marcar         Group Chief Information Officer               18,088                   8,515                                                       9,573
 Katie Murray         Group Chief Financial Officer                 36,386                   17,128                                                      19,258
 Paul Thwaite         Group Chief Executive Officer                 53,366                   25,120                                                      28,246

 

The market price used to determine the number of Shares withheld to meet
associated tax liabilities was £5.7118. Shares retained after payment of
associated tax liabilities will be held on behalf of PDMRs and will be
released in instalments over a five-year period.

 

All of the above transactions took place on the London Stock Exchange (XLON).

 

* Note: the nominal value of ordinary shares without rounding is
£1.076923076923077 per share

 

Legal Entity Identifier: 2138005O9XJIJN4JPN90

 

For further information contact:

NatWest Group Investor Relations

Claire Kane

Director of Investor Relations

+44 20 7672 1758

 

NatWest Group Media Relations

+44(0)131 523 4205

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