Director/PDMR Shareholding

RNS Number : 6672H

NatWest Group plc

25 November 2022

 

25 November 2022

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 options to acquire ordinary shares of £1.0769* each in the Company ("Shares") (ISIN:GB00BM8PJY71) were granted to PDMRs on 25 November 2022 under the NatWest Group plc 2017 UK ShareSave Plan ("Plan"), at the option price of £1.8619 per Share, as set out below.

Name of PDMR	Position of PDMR	No. of options granted
Scott Marcar	Chief Information Officer	1,933
Andrew McLaughlin	CEO, Commercial & Institutional for the non-ring-fenced bank	1,933

Subject to the rules of the Plan, the options will become exercisable from 18 December 2025. This transaction took place outside of a trading venue.

2.  The Company also announces that it has been notified of the PDMRs set out below selling Shares on the date and at the price indicated:

Name of PDMR	Position of PDMR	No. of Shares sold	Price of Shares sold	Date  Shares sold
Robert Begbie	CEO, NatWest Markets	200,000	£2.5445	23 November 2022
Andrew McLaughlin	CEO, Commercial & Institutional for the non-ring-fenced bank	164,495	£2.5878	24 November 2022

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 Relations
Alexander Holcroft
Head of Investor Relations
[phone]

NatWest Group Media Relations  

[phone]

 

END

 

 

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