Natwest Regulatory News (NWG)

NatWest Group plc

22 March 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

22 March 2024

115,425

256.00

254.60

255.4762

LSE

22 March 2024

0

0.00

0.00

0.0000

CHIX

22 March 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

22 March 2024

0

0.00

0.00

0.0000

LSE

22 March 2024

0

0.00

0.00

0.0000

CHIX

22 March 2024

0

0.00

0.00

0.0000

BATE

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

The Company intends to cancel the repurchased Ordinary Shares.

Following the settlement of the above transactions, NWG will hold 150,668,417 Ordinary Shares in treasury and have 8,739,274,077 Ordinary Shares in issue (excluding treasury shares).

The Company announces that following the purchase of these shares, the Transaction 1 share buyback programme announced on 31 July 2023 has completed. Since the commencement of this buyback programme, the Company has repurchased for cancellation 227,760,624 Ordinary Shares at a volume weighted average price of 217.1788 pence per Ordinary Share for a total consideration of £494,647,875.28.

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 1:

Transaction Date

Time

Time Zone

Volume (shares)

Price (GBp)

Trading Venue

MatchID

22 March 2024

08:00:22

BST

527

254.60

LSE

1464391

22 March 2024

08:01:32

BST

7938

254.60

LSE

1466847

22 March 2024

08:01:32

BST

7306

254.60

LSE

1466845

22 March 2024

08:03:13

BST

8321

254.60

LSE

1468639

22 March 2024

08:07:10

BST

7632

255.60

LSE

1472105

22 March 2024

08:07:10

BST

8155

255.60

LSE

1472103

22 March 2024

08:07:10

BST

1068

255.60

LSE

1472101

22 March 2024

08:07:53

BST

810

255.80

LSE

1472795

22 March 2024

08:07:53

BST

7796

255.80

LSE

1472793

22 March 2024

08:11:20

BST

348

255.90

LSE

1478862

22 March 2024

08:11:20

BST

7882

255.90

LSE

1478860

22 March 2024

08:12:02

BST

7952

256.00

LSE

1479514

22 March 2024

08:12:10

BST

8077

255.90

LSE

1479653

22 March 2024

08:14:27

BST

7498

255.70

LSE

1481706

22 March 2024

08:16:46

BST

4851

255.60

LSE

1484145

22 March 2024

08:16:46

BST

3742

255.60

LSE

1484143

22 March 2024

08:20:59

BST

8223

255.50

LSE

1488372

22 March 2024

08:23:19

BST

8453

255.40

LSE

1490337

22 March 2024

08:27:09

BST

8846

255.80

LSE

1493808