REG - NatWest Group plc - Transaction in Own Shares

NatwestAnnouncement

23/02/2024 17:30

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RNS Number : 3392E  NatWest Group plc  23 February 2024

     NatWest Group plc
     23 February 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
     23 February 2024      0                                    0.00                       0.00                      0.0000                                                LSE
     23 February 2024      0                                    0.00                       0.00                      0.0000                                                CHIX
     23 February 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
     23 February 2024      1,338                                229.90                     229.90                    229.9000                                              LSE
     23 February 2024      994                                  229.00                     229.00                    229.0000                                              CHIX
     23 February 2024      557                                  228.90                     228.90                    228.9000                                              BATE

     * Note: the nominal value of Ordinary Shares without rounding is
     £1.076923076923077 per share

     The Company intends to cancel all of the Ordinary Shares repurchased under the
     Transactions. Following the settlement of the transactions, the Company will
     hold 175,488,013 Ordinary Shares in treasury and have 8,749,360,984 Ordinary
     Shares in issue (excluding treasury shares).

     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 2:
     Transaction Date      Time                                 Time Zone                  Volume (shares)           Price (GBp)                                           Trading Venue   MatchID
     23 February 2024      08:00:26                             BST                        295                       228.90                                                BATE            1336905
     23 February 2024      08:00:27                             BST                        262                       228.90                                                BATE            1336940
     23 February 2024      08:06:03                             BST                        994                       229.00                                                CHIX            1343358
     23 February 2024      08:00:11                             BST                        1338                      229.90                                                LSE             1334899

 

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