NatWest Group plc Director/PDMR Shareholding (0384G)
November 10 2022 - 10:53AM
UK Regulatory
TIDMNWG
RNS Number : 0384G
NatWest Group plc
10 November 2022
10 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 ordinary
shares of GBP1.0769* each in the Company (Shares) (ISIN:
GB00BM8PJY71 ) were delivered to PDMRs on 7 November 2022, under
the NatWest Group 2014 Employee Share Plan (the Plan), as set out
below.
The Shares delivered represent payment of a fixed share
allowance (FSA) for the three month period ending 31 December 2022
and have been calculated using a Share price of GBP2.3316.
The number of Shares delivered, the number of Shares withheld to
meet associated tax liabilities and the number of Shares retained
by each PDMR is as follows:-
Name of PDMR Position of PDMR No. of No. of No. of
Shares delivered Shares withheld Shares
to satisfy retained
associated
tax liability
Robert Begbie CEO, NatWest Markets 16,084 7,732 8,352
--------------------------- ------------------ ----------------- ----------
Peter Flavel CEO, Wealth Businesses 26,806 12,618 14,188
--------------------------- ------------------ ----------------- ----------
Chief Risk Officer,
Bruce Fletcher NatWest Group 35,920 16,908 19,012
--------------------------- ------------------ ----------------- ----------
David Lindberg CEO, Retail Banking 34,848 16,404 18,444
--------------------------- ------------------ ----------------- ----------
Chief Information
Scott Marcar Officer 57,633 27,129 30,504
--------------------------- ------------------ ----------------- ----------
CEO, Commercial
& Institutional
for the non-ring-fenced
Andrew McLaughlin bank 2,145 1,010 1,135
--------------------------- ------------------ ----------------- ----------
Chief Financial 43,415
Katie Murray Officer 82,026 38,611 (1)
--------------------------- ------------------ ----------------- ----------
Chief Executive 63,676
Alison Rose Officer 120,304 56,628 (1)
--------------------------- ------------------ ----------------- ----------
CEO, Commercial
& Institutional
for the ring-fenced
John-Paul Thwaite bank 33,508 15,773 17,735
--------------------------- ------------------ ----------------- ----------
Chief People &
Transformation
Jen Tippin Officer 44,230 20,820 23,410
--------------------------- ------------------ ----------------- ----------
1. The shares will be released in instalments over a five
year period.
* Note: the nominal value of ordinary shares without rounding is
GBP1.076923076923077 per share
The market price used to determine the number of Shares withheld
to meet associated tax liabilities was GBP2.3812. Shares retained
after payment of associated tax liabilities will be held on behalf
of PDMRs in the Computershare Share Plan Account and will be
released in instalments over a three year period, unless otherwise
indicated above.
2. The Company also announces that it has been notified of the
PDMR set out below selling Shares on the date and at the price
indicated:
Name of PDMR Position No. of Shares Price of Date Shares
of PDMR sold Shares sold sold
Alison Rose Chief Executive 250,000 GBP2.3910 10 November
Officer 2022
------------------ -------------- ------------- --------------
3. The Company also announces that on 7 November 2022, a
conditional Buy-out award (Award) was granted under the Plan to the
PDMR set out below in order to replace awards forfeited by the
individual on leaving their previous employer.
Name of PDMR Position of PDMR Award price No. of
Shares granted
Chief Information
Scott Marcar Officer GBP2.6169 (2) 581,681
------------------- --------------- ----------------
2. The Award price has been calculated using a 5 day average
Share price taken immediately prior to the PDMR joining
the Company.
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
+44(0)20 7672 1758
NatWest Group Media Relations
+44(0)131 523 4205
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHFFFFISEESEIF
(END) Dow Jones Newswires
November 10, 2022 10:53 ET (15:53 GMT)
Natwest (LSE:NWG)
Historical Stock Chart
From Feb 2025 to Mar 2025
Natwest (LSE:NWG)
Historical Stock Chart
From Mar 2024 to Mar 2025
