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Pin to quick picksNatwest Regulatory News (NWG)

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Share Price Information for Natwest (NWG)

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Share Price: 307.20
Bid: 307.20
Ask: 307.30
Change: -1.10 (-0.36%)
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Open: 308.50
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Prev. Close: 308.30
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Director/PDMR Shareholding

8 Sep 2021 14:00

RNS Number : 1412L
NatWest Group plc
08 September 2021
 

8 September 2021

 

NatWest Group plc

 

 

INITIAL NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY (PDMR) in accordance with Article 19 of the Market Abuse Regulation

 

NatWest Group plc (the Company) announces that on 7 September 2021, a buy-out award over ordinary shares of £1 each in the Company (Shares) (ISIN: GB00B7T77214) vested to the PDMR set out below. The buy out award had been granted in order to replace awards forfeited by the PDMR on leaving previous employment.

 

The number of Shares withheld to meet associated tax liabilities arising on vesting and the number of vested Shares retained by the PDMR is 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

Jen Tippin

 

Chief Transformation Officer

1,104

520

584

 

The market price used to determine the number of Shares withheld to meet associated tax liabilities was £2.149.

 

Vested Shares retained after payment of associated tax liabilities will, where applicable, be subject to retention periods which mirror the retention periods applicable to the PDMR's original Lloyds Banking Group awards.

 

The above transactions took place on the London Stock Exchange (XLON).

 

Legal Entity Identifier: 2138005O9XJIJN4JPN90

 

 

For further information contact:-

 

NatWest Group Investor RelationsAlexander Holcroft

Head of Investor Relations+44(0)20 7672 1758

 

NatWest Group Media Relations

+44(0)131 523 4205

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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Date   Source Headline
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