Director/PDMR Shareholding

RNS Number : 9683H

NatWest Group plc

08 December 2020

 

8 December 2020

NatWest Group plc

INITIAL NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY (PDMR) in accordance with Article 19 of the EU Market Abuse Regulation 596/2014

NatWest Group plc (the Company) announces that on 7 December 2020, 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 their previous employer.

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
David Lindberg	CEO, Retail Banking	106,144	49,888	56,256

The market p rice used to determine the number of Shares withheld to meet associated tax liabilities was £1.6622.

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

Legal Entity Identifier: 2138005O9XJIJN4JPN90

For further information contact:-

NatWest Group Investor Relations
Alexander Holcroft

Head of Investor Relations
[phone]

NatWest Group Media Relations 

[phone]

 

END

 

 

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