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10 Sep 2024 15:00
10 September 2024
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 on 9 September 2024, a Deferred Award over ordinary shares of £1.0769* each in the Company (Shares) (ISIN:GB00BM8PJY71) vested to the PDMR under the NatWest Group 2024 Employee Share Plan (the Plan), as set out below.
The number of Shares withheld to meet associated tax liabilities arising on vesting and the number of vested Shares retained by the PDMR is as follows:-
Name of PDMR | Position of PDMR | No. of Shares vested | No. of Shares withheld to satisfy associated tax liability | No. of vested Shares retained |
Emma Crystal | CEO, Coutts and Wealth Businesses | 67,453 | 31,751 | 35,702 |
The market price used to determine the number of Shares withheld to meet associated tax liabilities was £3.3039. Vested Shares retained after payment of associated tax liabilities will be subject to a retention period of twelve months.
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 |
Emma Crystal | CEO, Coutts and Wealth Businesses | 44,127 | £3.3319 | 10 September 2024 |
All 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 RelationsClaire KaneDirector of Investor Relations+44 20 7672 1758
NatWest Group Media Relations
+44(0)131 523 4205
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