Director/PDMR Shareholding

NatWest Group plc
10 June 2024
 

10 June 2024

NatWest Group plc

 

  

INITIAL NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY (PDMRs) IN ACCORDANCE WITH ARTICLE 19 OF THE MARKET ABUSE REGULATION

 

NatWest Group plc (the Company) announces that deferred awards over ordinary shares of £1.0769* each in the Company (Shares) (ISIN: GB00BM8PJY71) vested on 7 June 2024, under the NatWest Group plc 2014 Employee Share Plan (the Plan), to the PDMRs set out below. The awards were granted under the Plan on 7 March 2024.

 

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

 

Robert Begbie

 

CEO, NatWest Commercial & Institutional and CEO NatWest Markets

88,955

44,545

44,410

Keiran Foad

 

Group Chief Risk Officer

 

96,118

45,244

50,874

David Lindberg

CEO, Retail Banking

74,545

35,089

39,456

Scott Marcar

 

Group Chief Information Officer

 

103,939

48,925

55,014

Katie Murray

Group Chief Financial Officer

87,744

41,302

46,442

Mohammad Kamal Syed

Interim CEO, Coutts and Wealth Businesses

40,560

19,092

21,468

 

Paul Thwaite

 

Group Chief Executive Officer

98,878

46,543

52,335

 

Jen Tippin

 

Group Chief Operating Officer

 

96,517

45,432

51,085

* Note: the nominal value of ordinary shares without rounding is £1.076923076923077 per share 

The market price used to meet associated tax liabilities was £3.1472. 

 

Vested Shares retained after payment of associated tax liabilities will be subject to a twelve-month retention period. 

 

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

 

 

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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