NatWest Group plc Director/PDMR Shareholding (6672H)

TIDMNWG

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 GBP1.0769* 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 GBP1.8619 per Share, as set out below.

 
 
      Name of PDMR                Position of PDMR             No. of options 
                                                                  granted 
 
      Scott Marcar           Chief Information Officer            1,933 
                       -----------------------------------  ----------------- 
 
                          CEO, Commercial & Institutional 
                              for the non-ring-fenced 
   Andrew McLaughlin                    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          No. of Shares     Price of      Date Shares 
                                  PDMR                  sold        Shares sold        sold 
 
     Robert Begbie            CEO, NatWest             200,000       GBP2.5445      23 November 
                                 Markets                                               2022 
                      --------------------------  --------------  -------------  -------------- 
 
   Andrew McLaughlin         CEO, Commercial           164,495       GBP2.5878      24 November 
                             & Institutional                                           2022 
                         for the non-ring-fenced 
                                  bank 
                      --------------------------  --------------  -------------  -------------- 
 

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

* Note: the nominal value of ordinary shares without rounding is GBP1.076923076923077 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]

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November 25, 2022 09:00 ET (14:00 GMT)