REG - NatWest Group plc - Transaction in Own Shares
22/03/2024 18:00
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RNS Number : 0454I NatWest Group plc 22 March 2024
NatWest Group plc
22 March 2024
Transaction in Own Shares
NatWest Group plc (the 'Company') announces today that it has purchased the
following number of ordinary shares in the Company with a nominal value of
£1.0769* each ('Ordinary Shares') from UBS AG, London Branch ('UBS') across
two transactions, Transaction 1 and Transaction 2 (together the
'Transactions').
The purchases form part of the Company's existing share buyback programmes,
with Transaction 1 purchases effected pursuant to the instructions issued by
the Company to UBS on 28 July 2023, as announced on 31 July 2023 and
Transaction 2 purchases effected pursuant to the instructions issued by the
Company to UBS on 16 February 2024, as announced on 19 February 2024.
Aggregated information relating to the Transactions is set out in the tables
below.
Transaction 1:
Date of purchase Number of Ordinary Shares purchased Highest price paid: (GBp) Lowest price paid: (GBp) Volume weighted average price paid per share (GBp) Venue
22 March 2024 115,425 256.00 254.60 255.4762 LSE
22 March 2024 0 0.00 0.00 0.0000 CHIX
22 March 2024 0 0.00 0.00 0.0000 BATE
Transaction 2:
Date of purchase Number of Ordinary Shares purchased Highest price paid: (GBp) Lowest price paid: (GBp) Volume weighted average price paid per share (GBp) Venue
22 March 2024 0 0.00 0.00 0.0000 LSE
22 March 2024 0 0.00 0.00 0.0000 CHIX
22 March 2024 0 0.00 0.00 0.0000 BATE
* Note: the nominal value of Ordinary Shares without rounding is
£1.076923076923077 per share
The Company intends to cancel the repurchased Ordinary Shares.
Following the settlement of the above transactions, NWG will hold 150,668,417
Ordinary Shares in treasury and have 8,739,274,077 Ordinary Shares in issue
(excluding treasury shares).
The Company announces that following the purchase of these shares, the
Transaction 1 share buyback programme announced on 31 July 2023 has completed.
Since the commencement of this buyback programme, the Company has repurchased
for cancellation 227,760,624 Ordinary Shares at a volume weighted average
price of 217.1788 pence per Ordinary Share for a total consideration of
£494,647,875.28.
Further information:
Investor Relations
+ 44 (0)207 672 1758
Media Relations
+44 (0)131 523 4205
Legal Entity Identifier: 2138005O9XJIJN4JPN90
Details of the Transactions
In accordance with Article 5(1)(b) of Regulation (EU) No.596/2014 as it
applies in the UK (Market Abuse Regulation), a full breakdown of the
individual trades made by UBS on behalf of the Company as part of the buyback
programmes relating to the Transactions is detailed below:
Transaction 1:
Transaction Date Time Time Zone Volume (shares) Price (GBp) Trading Venue MatchID
22 March 2024 08:00:22 BST 527 254.60 LSE 1464391
22 March 2024 08:01:32 BST 7938 254.60 LSE 1466847
22 March 2024 08:01:32 BST 7306 254.60 LSE 1466845
22 March 2024 08:03:13 BST 8321 254.60 LSE 1468639
22 March 2024 08:07:10 BST 7632 255.60 LSE 1472105
22 March 2024 08:07:10 BST 8155 255.60 LSE 1472103
22 March 2024 08:07:10 BST 1068 255.60 LSE 1472101
22 March 2024 08:07:53 BST 810 255.80 LSE 1472795
22 March 2024 08:07:53 BST 7796 255.80 LSE 1472793
22 March 2024 08:11:20 BST 348 255.90 LSE 1478862
22 March 2024 08:11:20 BST 7882 255.90 LSE 1478860
22 March 2024 08:12:02 BST 7952 256.00 LSE 1479514
22 March 2024 08:12:10 BST 8077 255.90 LSE 1479653
22 March 2024 08:14:27 BST 7498 255.70 LSE 1481706
22 March 2024 08:16:46 BST 4851 255.60 LSE 1484145
22 March 2024 08:16:46 BST 3742 255.60 LSE 1484143
22 March 2024 08:20:59 BST 8223 255.50 LSE 1488372
22 March 2024 08:23:19 BST 8453 255.40 LSE 1490337
22 March 2024 08:27:09 BST 8846 255.80 LSE 1493808
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