NatWest Group plc Director/PDMR Shareholding
June 10 2024 - 9:00AM
RNS Regulatory News
RNS Number : 8310R
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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