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RNS Number : 2641M NatWest Group plc 10 June 2025
10 June 2025
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 deferred awards over
ordinary shares of £1.0769* each in the Company (Shares) (ISIN: GB00BM8PJY71)
vested on 9 June 2025, under the NatWest Group plc 2024 Employee Share Plan
(the Plan), to the PDMRs set out below. The awards were granted under the
Plan on 7 March 2025.
The number of Shares withheld to meet associated tax liabilities arising on
vesting and the number of vested Shares retained by each PDMR are 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
50,812 25,445 25,367
Robert Begbie CEO, NatWest Commercial & Institutional
Angela Byrne Interim CEO, Retail Banking 24,536 11,550 12,986
Emma Crystal CEO, Coutts and Wealth Businesses 44,305 20,855 23,450
Keiran Foad 57,339 26,990 30,349
Group Chief Risk Officer
Scott Marcar 65,761 30,955 34,806
Group Chief Information Officer
Katie Murray Group Chief Financial Officer 65,375 30,773 34,602
Group Chief Executive Officer 97,215 45,760 51,455
Paul Thwaite
65,701 30,926 34,775
Jen Tippin Group Chief Operating Officer
The market price used to meet associated tax liabilities was £5.2605.
Vested Shares retained after payment of associated tax liabilities will be
subject to a twelve-month retention period.
2. The Company announces that the PDMR set out below has sold Shares on the
date and at the price indicated:
Name of PDMR Position of PDMR No. of Shares sold Sale price Date of transaction
Robert Begbie CEO, NatWest Commercial & Institutional 100,000 £5.2106 10 June 2025
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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