REG - NatWest Group plc - Director/PDMR Shareholding

NatwestAnnouncement

25/11/2022 14:00

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RNS Number : 6672H  NatWest Group plc  25 November 2022

25 November 2022

 

NatWest Group plc

 

 

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

 

1.   NatWest Group plc (the "Company") announces that options to acquire
ordinary shares of £1.0769* each in the Company ("Shares")
(ISIN:GB00BM8PJY71) were granted to PDMRs on 25 November 2022 under the
NatWest Group plc 2017 UK ShareSave Plan ("Plan"), at the option price of
£1.8619 per Share, as set out below.

 

 Name of PDMR        Position of PDMR                                                   No. of options granted

                                                                                        1,933

 Scott Marcar        Chief Information Officer

                                                                                        1,933

 Andrew McLaughlin   CEO, Commercial & Institutional for the non-ring-fenced bank

 

Subject to the rules of the Plan, the options will become exercisable from 18
December 2025. This transaction took place outside of a trading venue.

 

2.    The Company also announces that it has been notified of the PDMRs set
out below selling Shares on the date and at the price indicated:

 

 Name of PDMR        Position of PDMR                                                   No. of Shares sold  Price of Shares sold  Date  Shares sold

 Robert Begbie       CEO, NatWest Markets                                               200,000             £2.5445               23 November 2022

 Andrew McLaughlin   CEO, Commercial & Institutional for the non-ring-fenced bank       164,495             £2.5878               24 November 2022

 

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

Alexander Holcroft

Head of Investor Relations

+44(0)20 7672 1758

 

NatWest Group Media Relations

+44(0)131 523 4205

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